FinTech startup builder FinLeap nabs ?39m investment

FinTech startup builder FinLeap has nabbed ?39m in funding and opens new headquarters in Berlin.

Investors to the round included Signal Iduna, SBI Group, Dutch NIBC Bank and Hannover Re.

The company provides startups with support, offering them infrastructure and guiding their growth. Also offered by the company is seed funding between ?500,000 and ?5m, a network of investors, an integrated development platform and advice.

FinLeap is active in ten European countries and has launched 12 FinTech Ventures so far.

NIBC Bank CEO Paulus de Wilt said, ?With its unique ecosystem of FinTech ventures, FinLeap is at the forefront of innovation in the digital age of finance. Its profound expertise in building successful business models in a complex and regulated environment, will help us further tailor our offering to meet the complex and changing needs of our clients.

?The partnership between NIBC and FinLeap will pave the way towards interesting areas of cooperation, both in Germany and internationally.p>

This investment follows a ?21m funding round last year, bringing total capital raised to around ?60m.

Copyright ? 2017 FinTech Global

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