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Tag: German

German InsurTech companies are getting more popular than ever

German InsurTech companies were more popular with investors than ever before in 2018. More than $ 173 million was invested in startups in the digital insurance industry, according to the findings of an InsurTech funding study by Finanzchef24. Digital direct insurers received the most investments Especially digital direct insurers aroused…

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Volkswagen and Amazon web services to develop industrial cloud

Volkswagen and Amazon, through its Amazon Web Services division, have signed a collaboration agreement. For several years for the joint development of the Volkswagen Industrial Cloud. Which will combine the data of machinery, plants and systems of all the facilities of the German automobile consortium. According to the two companies,…

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What do the Berlin fintech and Chinese payment service hope for?

The Chinese service provider for mobile payment and the Berlin based fintech have announced that they will work together soon. What do the participants hope for? Alipay: More than just mobile payment Since its inception in 2004, the Chinese payment service provider Alipay has more than 700 million users. In…

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Germany bans short selling of highly acclaimed Fintech Wirecard stock

Once the German online payment service provider was more valuable on the stock market than the Deutsche Bank. The supervisory authorities are now considering Wirecard. Which also operates in Switzerland, as the trigger for a conflagration and are stepping in. This has never happened before. The Federal Financial Supervisory Authority…

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