Tagged: Germany Toggle Comment Threads | Keyboard Shortcuts

  • user 12:18 am on August 3, 2018 Permalink | Reply
    Tags: Albaraka, , , Germany, , , Turkish   

    Turkish Bank Albaraka Launches Neobank in Germany 

    -backed neobanks are giving traditional organizations the opportunity to cater to specific audiences, usually younger tech-savvy audiences. But lately, more are realizing that a digital platform free from a legacy system can provide more opportunities for personalization. One such example of this is the bank Turk, which launched a digital-only bank in [&;]
    Bank Innovation

  • user 12:59 pm on July 4, 2016 Permalink | Reply
    Tags: , , , Germany, , , Worldline   

    Worldline Partners with Alipay to Bring its Payments App to Germany 

    ‘s payment app enters German market via Synergy with .
    FinTech – Finance Magnates | Financial and business news

  • user 12:59 pm on June 30, 2016 Permalink | Reply
    Tags: , , , , Germany, , MyBucks,   

    FinTech Firm MyBucks Becomes Listed in Germany after Successful IPO 

    With a diverse presence across Africa, debuts its IPO in .
    FinTech – Finance Magnates | Financial and business news

  • user 7:35 am on June 4, 2016 Permalink | Reply
    Tags: 4b1dadde6992, , , fintech in germany, , Germany,   

    Why German FinTech is now trending 


    Something is happening in .

    The local  industry is up-and-coming – objectively so. While for some time, the domestic Fintech scene was not commonly known for its breathtaking speed of innovation, things are changing rapidly.

    Only within the last few months, a significant uptake in activity within the  Fintech industry is visible:

    • Deals and investments: In Q1 2016, investments into German Fintechs have soared. A respectable €107 million was invested in local companies, up from €10 million one quarter before (more). And this trend of growing investor appetite was already on the horizon last year. While across Europe, overall Fintech investment more than doubled between 2014 and 2015 (+120 percent), investments in German Fintech ventures grew by staggering +843 percent over the same period (Source).
    • Mergers between Fintech start-ups: P2P lender Kapilendo and equity-based crowdfunding site Venturate announced their merger in April 2016 (more). Around the same time, Berlin-founded payleven and SumUp merged to form one of Europe’s largest payment Fintechs (more).
    • New business models: The first Banking as a Service (BaaS) platform just launched in Berlin: Solaris Bank aims to provide an API-based banking platform for Fintech startups – uniquely built on the basis of a fully regulated German banking license (more). – see also Pascal Bouvier’s in-depth blog post)
    • International growth: More and more German Fintechs are growing up and become international players. FidorBank recently started to offer its services to UK customers (more). Berlin-based Spotcap is targeting SMEs in Spain, Australia and the Netherlands. Despite the recent controversy, Number26 continues to expand into 6 other European markets

    What is more, German financial institutions themselves are at the forefront of this new Fintech momentum. Some examples how they are spearheading the current movement:

    • Take-over of Fintechs: The 220-year old German private bank Hauck & Aufhaeuser just acquired one of the largest local -advisors easyfolio in May 2016 (more). Deutsche Boerse took over trading network 360T, one of the rising stars in the German Fintech scene, in October 2015 (more).
    • Minority investments: CommerzVentures, the investment vehicle of Commerzbank, has already completed more than a handful of Fintech investments. In May 2016, the 4th largest German bank by asset size, DZ Bank AG, completed a 25% investment into the invoice marketplace company TrustBills (more). 
    • Partnerships with Fintechs: Germany’s largest bank, Deutsche Bank, just announced three strategic partnerships with domestic Fintechs: In the near future, Deutsche Bank’s customers will be offered robo-advisory services (in cooperation with Fincite), multi-account aggregation (partnering with Figo) and European short-term deposits as investment opportunity through the Deposit Solutions platform (more).
    • Business model innovation: In April, Germany’s second largest bank, Commerzbank, announced to be working on a disruptive online P2P lending platform for small businesses (more). The nation-wide Savings Bank Finance Group (DSGV) seems to be silently developing a mobile-first bank for the young generation – codename ‘Yomo’ (more). And many expect further news from Deutsche Bank which just opened up its new Silicon Valley-based Innovation Lab in April 2016 (more).

    Supported is all of this by an evolving national Fintech ecosystem which is now coming together: 

    • Innovation facilitators: A number of players and incubation programs are nurturing innovation all over Germany. Those include the comdirect Start-up GarageFinLab AG, FinLeap, the UniCredit innovation labmain incubator as well as Deutsche Boerse’s brand new Fintech Hub, just to name a few.
    • Sizeable domestic investors: Equally promising, 2016 is seeing the rise of corporate investors such as METRO Group, getting involved in Fintech. New local growth equity funds such as the recently launched Digital+ Partners fund are emerging. They are epitomizing a new generation of German FinTech investors who are able to back larger investment rounds  (more). 
    • Supportive regulatory environment: The German Finance Ministry has just launched its own Fintech forum, the so-called ‘FinCamp‘ as a forum to foster mutual dialogue between various players. The first event in April 2016 was attended by 150 representatives of German FinTech start-ups, and associations, as well as staff members of the Finance Ministry, Deutsche Bundesbank and the Federal Financial Supervisory Authority (BaFin) (more).  
    • Industry collaboration: The conservative German private banking industry association (Bundesverband deutscher Banken) has taken an explicit stand to make Fintech a priority from 2016 onwards (more). While a formal membership is still not up for grabs for Germany’s Fintech companies, a number of them were invited by the BdB to a joint communication forum in April 2016 – a widely noticed move with positive symbolic meaning.
    • Public investment money: Germany’s largest public bank, KfW. launched its first-time €225 co-investment vehicle coparion in March 2016. The ambition is to support German growth companies, explicitly targeting the Fintech segment. The public fund is able to provide risk capital of up to €10m per company (more).

    Taking it all together – in 2016, the ground seems to be prepared for German Fintech to finally take off.

    Reason enough for McKinsey & Company to publish the first major analysis on :

    DOWNLOAD: McKinsey & Company (2016): Challenges and Opportunities for fintech in Germany. How digitization is transforming the country’s financial services sector

    In this whitepaper we analyze the magnitude and some underlying drivers of the Fintech phenomenon in Germany.  The recent momentum should not come as a surprise. Germany is an attractive banking market to tackle. More than 80 million people, a vigorous SME segment (‘Mittelstand’) and world-class corporates have a need for modern banking services. In the corporate banking segment there is still ample opportunity for new disruptive solutions.

    A lot of further potential remains for both Fintech companies and banks if they successfully adapt to this new paradigm. 

    [linkedinbadge URL=”https://www.linkedin.com/in/danieldrummer” connections=”off” mode=”icon” liname=”Daniel Drummer“] is Management Consultant at McKinsey & Company and this article was originally published on linkedin.

  • user 3:35 pm on May 21, 2016 Permalink | Reply
    Tags: , Courses, Education, , Germany, , , , University, Workshops   

    Fintech and Blockchain Education: University Courses and Workshops in Switzerland and Germany 

    The vibrant ecosystem is evolving rapidly and the sector is in increasing need for professionals with skills and knowledge on the new, emerging business models, digital platforms and tools that are gaining popularity.

    To educate students and professionals on FinTech, and have a number of programs available that dive into digitalization in the banking and financial sector, , the emerging FinTech startup scene, and many other topics.

    Here is a few of them:

    Hochschule Luzern: CAS Digital Banking

    Hochschule Luzern fintech program courses

    The Certificate of Advanced Studies (CAS) in Digital Banking of Hochschule Luzern is a program aimed at providing students with professional skills and knowledge on the emerging FinTech ecosystem, teach them about the ongoing digitalization of the financial services industry, and the ability to use these new trends to grab new business opportunities.

    The program is divided into four main : the environment of digital banking, strategic digital banking, digital customer management and social banking, and FinTech products and solutions.


    HWZ Hochschule für Wirtschaft Zürich: CAS Digital Finance

    hochschule fur wirtschaft zurich fintech course

    The CAS Digital Finance of the of Applied Sciences in Business Administration in Zurich, is a 18-day course targeted at financial services professionals.

    The program is divided into four major blocks:

    • Digital mindset: innovation management, cultural changes, digitalization as part of the overall strategy, etc.
    • Digital products and services: fintech, crowdfunding/lending, peer-to-peer, -advisor, etc.
    • Technology: big-data analysis, cyber security, blockchain technology, etc.
    • Customer experience: multichannel presence, online/offline strategies, community, social media, etc.


    Frankfurt School of Finance and Management

    Frankfurt School of Finance and Management fintech course

    As part of its bachelor&;s degree in business administration, the Frankfurt School of Finance and Management is proposing a specialization called &;Digital Innovation and FinTech&; which focuses on the impact of technology and new business models and services on the banking and financial services industry.

    The program will begin in the winter semester of 2016/2017, and as part of the launch of the new specialization, the university has teamed up with FinTech Group, which will support 20 students with their tuition fees. The company will also offer the three year&8217;s best students an employment contract.


    Introduction to Blockchains and smart contracts for developers

    introduction to blockchain and smart contracts for developers ValidityLabs fintech courseZurich-based ValidityLabs is a company that provides blockchain and smart contracts through courses and .

    On May 21, 2016, ValidityLabs will be hosting a workshop at Zurich&8217;s Technopark,

    The workshop will be focused on Ethereum and is aimed at familiarizing developers, software architects and technical decision markets with principles of blockchains and smart contracts.

    The workshop will feature a demonstration of a contract deployment and inspection on the Ethereum network.

    Source: information and images from the mentioned universities&8217;/organizations&8217; wites


    The post Fintech and Blockchain Education: University Courses and Workshops in Switzerland and Germany appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.

    Fintech Schweiz Digital Finance News – FintechNewsCH

compose new post
next post/next comment
previous post/previous comment
show/hide comments
go to top
go to login
show/hide help
shift + esc
Close Bitnami banner