Banco Cooperativo Español has relied on FinReach, a provider of software solutions aimed at banking entities, to offer its clients and those of the 17 interested shareholders a digital solution for the change of account. The agreement contemplates the free transfer of your direct debits, periodic transfers or recurring revenue…
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The venture capital fund Speedinvest, headquartered in Vienna, launches a new investment fund. “Speedinvest 3” aims at 175 million euros by the end of 2019. It invests in European start-ups from the fields of Deeptech, Fintech, Artificial Intelligence and Industry 4.0. “The capital will not only come from Austria but…
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Adyen NV is a fintech that saves millions of dollars to merchants by streamlining card payment transactions. The financial technology firm, which is located thousands of kilometers from Silicon Valley, is making its founders gain much more. The chief executive, Pieter van der Does, the technology director, Arnout Schuijff, and…
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Never before have so-called startups – young start-ups – received as much venture capital as last year. The ITC sector collected the most funds. Specifically, 1.24 billion francs flowed into venture capital in young Swiss companies last year. This corresponds to a handsome increase of almost 32 percent compared to…
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The Dutch startup Zero wants to roll up the European market from Berlin and competes against well-financed US players like Lime and Bird, which has already started a scooter pilot project in Bamberg. Smaller providers such as Voi from Sweden, the two Berlin startups Tier Mobility and Flash and Hive,…
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The fintech service provider heidelpay takes over the Frankfurt UNIVERSUM Group. The heidelpay Group is one of the fastest growing fintech companies in Germany. With the takeover of the pay later and collection specialist UNIVERSUM, heidelpay underpins its claims once again. The approval of the Federal Cartel Office took place…
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The stomach ache starts after the late supper, shortly after 11 pm. Because the practice of his family doctor has long been closed and for the way to the emergency room because of an important customer appointment the next day is no time, Peter Jäger reaches for the smartphone and…
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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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Repentance in the purchase can reduce the ecommerce companies between 2% and 4% of their turnover Some e-commerce companies like Amazon are starting to penalize customers who return more products than they buy, who abuse the generous return service. These recidivists are closely monitored and, if they are found to…
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The International Air Transport Association (IATA) concluded the first purchase transaction of airline tickets through a new payment system: “IATA Pay”. The transaction was carried out in partnership with ipagoo, a fintech company based in the United Kingdom. IATA noted that this new payment method is an industry-backed initiative to…
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