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Tag: Munich

Reasons behind the bankruptcy of a successful startup

Nine years after its launch, the once-successful project of the startup scene has gone bankrupt. The operation of the Germany wide nine branches should continue. When the first Kochhaus store opened in Schöneberg in 2010, the walk-in recipe book caused a sensation, as the founders described their concept. There was…

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FinTecSystems receives permit of an account information and a payment initiation service

FinTecSystems received the BaFin permit as an account information service as well as a payment initiation service. In the competition of the Fintechs the Munich can now offer their services from the digital bank information to the payment initiation regulated. They are very happy about the BaFin permit. They have…

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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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Why corporate startups and consulting keep opening?

Innovation location Munich is growing. Excubate, innovation and corporate startup consultancy for new digital business models, continues its successful course and today announces the opening of a new office in Munich under the leadership of Dr. Ing. Markus Anding known. About the goal With the opening of the new office…

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A Munich based startup is trying to create energy efficient network protocol for the supply chain

The sensors of the startup should make the supply chain more transparent. With private and public funds, the young company wants to convince more companies. A particularly energy efficient network protocol for the supply chain. This is what the startup Blackbox Solutions based in the Munich area is focusing on.…

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The success story of a Munich startup in the fitness sector

Since 2010, the Munich startup eGym digitizes the fitness world. NGP Capital, Highland Europe, HPE Growth Capital and Bayern Kapital recently invested another $ 20 million in the company. Which was founded by Philipp Roesch Schlanderer and Florian Sauter. In 2016, the startup already collected $ 45 million. By the…

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Do you own a cleantech startup? The US Government is looking for you

US cleantech startups, working with government research organizations, are more successful than their competitors in both patents and investor acquisition. This is shown by a study by the Technical University of Munich (TUM), the University of Maryland and the University of Cambridge. Such cooperation could be of particular importance due…

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Three of the most successful German Fintechs you should know about

Fintechs worldwide response is very well received. In Europe as well, investment volume grew considerably in 2018 compared to the previous year, according to a study by consulting firm KPMG. While the business models of a few successful German fintechs continued to attract the attention of investors. The total volume…

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Munich based fintech helps a German cooperative banking group to digitize

FinTecSystems is one of the leading account information services and smart data providers. Now it is helping the PSD banking group to digitize. The FinTech with BaFin permit provides the condition for the digital banking information to the PSD banks with the account view. Digital bank statement data combined with…

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