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Tag: Berlin

The future of German banks: Fintech growing and Deutsche Bank struggling

The new cash injection for N26 is a fan of the German fintech scene. A comparison with Deutsche Bank reveals a lot about our risky bets on the future The future of German banks in 2019 is somewhere between 2.3 billion and 15 billion euros. The first number since Thursday…

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German startups hit a VC funding record in 2018: Collect 4.6 billion euros

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 a new high and grew…

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A new Fintech Unicorn in Europe: Why N26 is such a success

Milestone for the German financial startup industry: According to a report of the “Handelsblatt” (e-paper edition), N26 has concluded a financing round of allegedly 260 million euros, thereby becoming the first German fintech unicorn. According to “HB”, the investors now quantify the value of the Berlin-based smartphone bank at around…

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