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The digital bank N26 is already the most valuable fintech in Europe and it is still expanding

N26, a German startup supported by PayPal investor and co-founder Peter Thiel, has raised $ 300 million in a round of Series D financing. The investment places the company’s valuation at around 2,700 million dollars.The financing round takes place only 10 months after the last and will be used to…

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Apps, Fintechs, Start-ups – How digitization helps to save costs especially for startups

The account opening takes place on the smartphone and lasts ten minutes. The app is free, domestic and sepa transfers cost nothing. The Swiss start-up Neon wants to offer one of the slimmest and cheapest forms of banking: an account app and a Maestro card. Neon wants to push in…

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Germany sets the investment record with 4.6 billion euros for Startups in 2018

Germany the startup founding metropolis Founders and start-ups were able to score more heavily in financial terms in 2018. Overall, start-ups in Germany were able to collect the record amount of almost 4.6 billion euros last year, 7 percent more than in the previous year. The number of investments reached…

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XRP is still the favorite one for Fintech startups

According to a report from the start-up platform “the incubator” on 25 January, the Vienna-based payment service provider Transpaygo announced a future collaboration with Ripple to use its new xRapid payment system for international money transfers. The Viennese fintech company specializes mainly in money transfers for small and medium-sized enterprises.…

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BayStartUP providing over €62 million to startups

From medical technology to travel app: BayStartUP is providing over € 62 million in capital to startups. From medical technology to 3D printing and digital twins to apps for last-minute flights – the content of startups from Bavaria is extremely broad. The current financing figures from the BayStartUP investor network…

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Fintech: what is it exactly and how does this new financial industry work?

A new financial industry born in the digital era Have you imagined a world without physical bank branches, in which all the services could be solved at any time of the day through your smartphone? This reality is getting closer every day thanks to the new online financial products of…

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Start-ups record: Investors paid over $254 billion worldwide in 2018

In the past year, start-ups worldwide have collected as much venture capital as never before, according to a recent study. In Germany, investors rely primarily on artificial intelligence. With a total of $ 254 billion, start-ups worldwide received a new record sum of investors last year. The venture capital provided…

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