SoftBank invests €900m in Wirecard for APAC push
Wirecard is struggling amidst fraud investigations.
Germany
Greece’s Praxia targets deposits market through Raisin
Challenger bank is the first in Greece to tie up with the German fintech.
Raisin partners with Commerzbank for special fixed-term deposits
The partnership will start with German credit institutions such as Grenke Bank, NIBC Bank and Gefa Bank.
Video: fintech news weekly round-up – 15 April 2019
This week, news about challenger banks!
N26 under German regulator’s microscope
The BaFin has highlighted issues with staffing and communications.
Fidor CEO leaves as BPCE sells bank
Matthias Kröener founded Fidor ten years ago.
Ampega Asset Management amps it up with Murex
The wealthtech will implement MX.3 for fixed income, equity, funds, FX.
Finleap acquires German challenger bank Penta
Penta will collaborate with Beesy to serve Italian freelance market.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Curve announces plans for global expansion
LinkedIn’s former talent hunter will head international recruitment.
Crypto app Donut gets sweet $1.8m seed funding
Bringing “convenience, trust and accessibility” to managing and transacting in crypto assets.
Worldline terminals now accept Apple Pay and Google Pay in Germany
Only if the user’s bank’s app supports these payments.
US tariff threat to the German car industry
The German car industry is now in the President Trump’s cross-hairs.
Hannover Re dives into insurance innovation
Hr | equarium is designed to help insurtechs break out in the industry.
Commerzbank and Deutsche Börse complete DLT repo transaction
It involved the simultaneous swap of the tokens as a legally binding transaction.
Wefox smashes it with $125m funding
Berlin-based insurtech looks towards Asia for expansion.
Alpha-Cash acquired by heidelpay for PoS action
Following the acquisition of PayLater and Universum.
Announcing Genome beta launch at White Nights Berlin 2019
Genome opens for public beta in Berlin on 12 February 2019 introducing a unified finance ecosystem like no other.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
E-commerce: the biggest overseas markets for UK consumers
Consumers in the UK buy a higher proportion of goods from overseas than almost any other wealthy country.
Bsurance receives $4m funding and eyes move west
Investment led by Uniqa Venture to expand in Europe.
Bayerische Landesbank picks Profidata for custodian services
German bank will use the software Xentis.
Bison app attracts crypto trading hunters
Powered by Börse Stuttgart and designed for buying and selling.
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
Deutsche Bundesbank eases banks into ISO 20022
By signing up to Swift MyStandards and Readiness Portal.
TrueLayer launches data API in Germany
Ahead of the one-year anniversary of open banking.
Paytech firms Nets and Concardis finalise merger
Both payments companies to retain their brands.
Sparda banks turn to Sopra Banking Software for tech overhaul
Sopra Banking Platform to be installed at seven banks of Sparda banking group.
solarisBank shines for Boerse Stuttgart’s crypto trading launch
Coming in H1 2019 with solarisBank providing banking services.
Wirecard woos with Apple and Google Pay play
Double delight for its boon customers in Germany and France.
PASS Consulting bags 15 German bank tech wins
Guarantee banks switch to its SolutionWorld Banking solution.
Deutsche Bank shares plummet over Danske money laundering mess
The bank’s shares have fallen 48% this year.
German start-up Modifi powers up for digital trade finance
New firm created by team behind payments provider BillPay.
Santander invests in German fintech Bonify
Its first investment in Germany of “a few million”.
Deutsche Bank desires loyalty with Yunar app launch
Start-up behind Yunar is a wholly owned subsidiary of the bank.
Wevest wants to be best with digital asset manager launch
Berlin-based firm unleashes Wevest Capital.
Fraud foe Fraugster fetches $14m funding
Led by CommerzVentures, the venture capital subsidiary of Commerzbank.
Fidor splitting from France’s BPCE
Allegedly due to lots of business clashes and drama.
Deutsche Börse and RegTek.Solutions join forces for regtech initiative
Certified testing and pre-validation service for clients of Deutsche Börse’s Regulatory Reporting Hub.
