Tag: BaFin

ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

The upcoming Artificial Intelligence (AI) legislation, notably the European Parliament's Artificial Intelligence Act, is poised to redefine the regulatory landscape for financial institutions. Touted...

In recent years, the management of Material Non-Public Information (MNPI) has emerged as a significant concern within the compliance sphere. Regulatory bodies in the...

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.

eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.

German financial regulator BaFin has warned the industry of the ‘very big’ risk of cyberattacks that could target the financial sector.

German neobank N26 has revealed it is planning to enter the crypto and equities trading markets in 2022.

Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.