Degussa Bank up for sale with 2021 deal expected
Frankfurt-based bank could worth up to €400 million.
Frankfurt-based bank could worth up to €400 million.
The start-up says it has more than $2 billion under management on its platform.
Customers of the German bank have had issues connecting to their accounts since June
Jan Marsalek, the former COO, is wanted under an international arrest warrant.
Thalhammer will be joining Deutsche Bank in October to oversee its Merchant Solutions arm.
Raisin to power cross-border finance for Italian firm.
Shareholder pressure saw Martin Zielke and Stefan Schmittmann depart earlier this week.
The financing round adds to the fintech’s Series B in March.
Deutsche picks Google after five-month negotiation period.
Fiserv steps in as long-serving technology partner for retailer.
Cerberus Capital Management makes demands of German bank.
His five-year contract with the banking-as-a-service platform came to an end on 30 June.
Red flags include late 2018 financials and a €156,000 lost lawsuit.
UK watchdog allows payments to restart.
The funding was led by German VC firm HV Holtzbrinck Ventures.
Customers include Commerzbank, solarisBank, N26, and UniCredit.
AmEx users can spread payments of more than €300.
The paytech owes creditors almost $4 billion after disclosing a gaping hole in its books.
Munich police say a criminal investigation into Wirecard has been launched.
Banking giant caught out by US regulator.
EY couldn’t find the cash balances — which represent roughly a quarter of its balance sheet.
The new global private bank will likely hold roughly €250 billion.
Offerings range to terms of up to 48 months.
The challenger is working with solarisBank and Visa.
German regulator alleges Wirecard gave “misleading signals” for its stock market price.
German bank will launch co-branded accounts using SIA platform.
Johanna Pugh spent four years at core banking provider Finastra.
German state-owned development bank KfW has completed a multi-year implementation project with FIS. The bank chose the FIS Ambit Focus asset and liability management platform for its market and liquidity risk controlling. According to FIS, the new solution provides the bank with a central data source for measuring, monitoring and reporting on market and liquidity […]
The fintech wants to help US retail banks offer personalisation.
The partnership includes an undisclosed investment from Anquan.
“We decided to further accelerate our cost reduction program,” says CEO.
The contract began back in 2016.
The losses are the first to be put down to operational reasons.
The challenger’s Series D round totals to more than half a billion.
Some trading apps see their future in the saving market.
German firm secures one of the largest Series B funding rounds the region has ever seen.
Merchants will be able to find “assistance packages” through the platform.
The coronavirus is accelerating a permanent change in consumer behaviour, says N26.
The round was co-led by RTP Global and HV Holtzbrinck Ventures.
The round was led by N26-backer Earlybird.