Tag: Germany

Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.

Scalable blockchain database BigchainDB has raised €3m in a Series A investment. The round comes from Earlybird Venture Capital, Anthemis Group, Digital Currency Group and innogy SE.

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.

Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.

Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.

Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.

HR, payroll and employee benefits platform HeavanHR has raised €6m ($6.7m) in a Series A round of funding.

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.

Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.

German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.