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Part 1: German financial patterns and consumer culture
Germany has been one of the driving forces of the European Union and is seemingly becoming a hotspot for European entrepreneurship. The country’s economic stability, willingness to embrace post-pandemic digital technologies, financial growth projections, and the steady influx of foreign talent are solid arguments for expanding to Germany. However, sprawling, bureaucratic requirements may deter potential…
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Beyond Klarna and Tink: 5 Fintechs from Sweden
Two times three makes four, Widdewiddewitt, and three makes nine: With her math skills, Pipi Longstocking would certainly have had little chance in the financial market. But Sweden is more than vimmerby, Bullerbü or IKEA. Sweden is considered a key pioneer that has significantly shaped the fintech landscape in recent years through heavyweights such as…
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re:cap founder Becker: “Turbulence in the market is an opportunity”.
VC investments have declined significantly in recent weeks and months. New and established fintechs alike must now get creative and rethink their funding mix. Many are also looking for alternative growth capital in the process. Paul Becker founded the fintech re:cap in 2021. The Berlin-based company enables financing for digital companies with recurring revenues, for…
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Wind of change? Is the turnaround for fintechs imminent?
The world-famous song “Wind of Change” by the band Scorpions intoned the end of the Cold War in 1990 and gave us all the feeling of a “turn for the better” with our Russian neighbors. Since February 24, we have been abruptly taught otherwise, and since April 27, we have known officially through our Chancellor…
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Berlin-based fintech Nelly raises €4 million in seed round
Nelly is a Berlin-based fintech that positions itself as a “signature & billing tool for medical practices.” The software can be used to digitize documents, signatures and payments in practices. Now the company announces a seed round of 4 million euros. Among the investors are well-known investors. The start-up’s software solution enables medical professionals to…
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Tax app Taxfix becomes a unicorn after completing Series D
Taxfix, Europe’s leading mobile tax app, today announced a new $220 million Series D funding round. This elevates the Berlin-based financial company, with a total valuation of over one billion dollars, to Unicorn status. This sum would make it the largest transaction in the German start-up market so far this year. The company’s valuation rises…
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The 4 trends in couponing and the digitalization gap in the process
Couponing is a trend that originated in the USA. There it was already used in the 1950s as a means of customer loyalty and is still very popular today. In Germany, the marketing measure started with a rather inglorious name: The discount brand. It grants customers various monetary benefits, such as discounts on products or…
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Embedded finance: brands and financial institutions must take action
The hype surrounding embedded finance continues unabated: According to a recent study by private equity firm Lightyear Capital, the embedded finance industry will be worth $7.2 trillion by 2030. This corresponds to twice the total value of the world’s 30 largest banks. Integrated payment services will have particularly great potential in the e-commerce and healthcare…
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No “Breaking News” at Banking & Payment!
instant messages #20 by Marcus W. Mosen Marcus W. Mosen comments on payment and banking topics on various portals and delights his followers on Twitter(@mwmosen) with pointed contributions on payment, fintech and politics. From now on you will find his monthly guest column “instant messages by…” on the latest happenings in payment, banking & co.…
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Gender diversity in European banks with room for improvement
A guest contribution by Claudia Rasper It is generally accepted and proven by numerous studies that workforce diversity contributes significantly to corporate success: Diversity promotes innovation[1] and balanced decision-making processes, thus increasing the resilience and performance of companies[2]. By tapping into the entire diverse talent pool, diversity is also a catalyst for successful talent management:…
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Embedded finance fintech Banxware raises 10 million euros
Embedded finance is undoubtedly one of the hypes of the past year. In Germany, the fintech Banxware, founded in 2020, is one of the first to significantly shape and advance the topic in Germany. Now the company has raised €10 million in a seed expansion round led by Element Ventures. D4 Ventures, FinVC and Varengold…
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2021: of new ideas, daring concepts and trust in God
And another crazy… Yes, I know! The Year of Payment & Banking Last year just before Christmas I usually wrote one phrase on all the Christmas cards, “What a tumultuous, crazy year…2021 will be better, I promise!”.Yeah right…so I’m not promising anything on any cards this year. At most, I can congratulate everyone who didn’t…
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Company in the FinTech sector: Finastra
The industry has grown up and long since outgrown its infancy. There are so many companies that shape the industry, but not all of them are equally well known. Who are actually the companies that form the glue between finance and digital technologies? In our series “The companies of the FinTech industry” we give companies…
