Silicon Valley startup #Robinhood is set to hit a $ 5.6 billion valuation #after its #newest #funding #round, expected to #reach $ 350 million, it was reported yesterday. This would represent a “fourfold increase in just one year” when it comes to the startup’s valuation, the Wall Street Journal reported, and would make Robinhood one of the …Read More
Bank Innovation
EXCLUSIVE- Emerging markets-focused #money #transfer app #WorldRemit has raised another #round of #funding, bringing the total amount to $ 220 #million. The new Series C funding of $ 40 million was led by LeapFrog Investments, a PE firm that focuses on Asian and African markets. Other investors include California-based investment firms Accel and TCV, both of whom […]
Bank Innovation
Here’s something a little different: #Commerce #Signals posted on Crunchbase that it is raising a #Series B #round, slated to #close in #April 2017. The startup founded by Tom Noyes has already raised $ 4 million, according to the database. Crunchbase is commonly used as the funding-resource-of record. AngelList is the moreRead More
Bank Innovation
Cashboard, a Redalpine Capital II portfolio company and Europe’s first curated marketplace for retail investment, has secured a #Series A funding of EUR 3m led by Digital Space Ventures.
#Cashboard Founders André Holdschick, Stephan Henker, Robert Henker, Marius Schulze
“We are delighted to have secured this new #round of funding, which will allow us to continue our growth trajectory, strengthen our team and internationalize our service.” says Robert Henker, CEO at Cashboard. “Cashboard provides clients with highly diversified portfolios selected from more than 6,500 financial products from over 100 different providers. As a first in the retail investment space, Cashboard portfolios include novel investment products like P2P lending or equity crowdfunding alongside traditional products such as daily deposits and ETFs.”
Founded in 2014, the company has already established itself as a leading financial #technology company in Germany. Thanks to its unique positioning, Cashboard has not only secured several #million Euros in funding but also won Europe’s most valuable #startup prize at the SevenVentures Pitch Day.
Various media outlets have covered the funding round, including Handelsblatt, TechCrunch, Business Insider and Gruenderszene.
For more information on Cashboard, please visit http://www.cashboard.io
This article first appeared here
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Cashboard, a Redalpine Capital II portfolio company and Europe’s first curated marketplace for retail investment, has secured a #Series A funding of EUR 3m led by Digital Space Ventures.
#Cashboard Founders André Holdschick, Stephan Henker, Robert Henker, Marius Schulze
“We are delighted to have secured this new #round of funding, which will allow us to continue our growth trajectory, strengthen our team and internationalize our service.” says Robert Henker, CEO at Cashboard. “Cashboard provides clients with highly diversified portfolios selected from more than 6,500 financial products from over 100 different providers. As a first in the retail investment space, Cashboard portfolios include novel investment products like P2P lending or equity crowdfunding alongside traditional products such as daily deposits and ETFs.”
Founded in 2014, the company has already established itself as a leading financial #technology company in Germany. Thanks to its unique positioning, Cashboard has not only secured several #million Euros in funding but also won Europe’s most valuable #startup prize at the SevenVentures Pitch Day.
Various media outlets have covered the funding round, including Handelsblatt, TechCrunch, Business Insider and Gruenderszene.
For more information on Cashboard, please visit http://www.cashboard.io
This article first appeared here
The post Berlin Startup Cashboard Raises €3 Million, Closes Series A Round appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
The Swiss investment #Fintech platform for start-ups, investiere.ch, has successfully closed another #financing #round. With a substantial participation in the capital increase, Zürcher Kantonalbank has become a new #minority #shareholder of investiere.ch. The financing round represents the largest fintech investment in Switzerland this year to date.
investiere.ch announced that it has successfully closed a Series B financing round totalling CHF 3.5 million. This capital increase will enable investiere.ch to further develop its investment platform with services and tools related to start-up financing and to drive the platform’s growth. At the same time, investiere.ch has gained an important shareholder in #Zürcher #Kantonalbank, which is a leading provider of start-up financing and has many years of experience in this field. Existing shareholders and other experienced business angels also participated in this financing round.
Image from Zürcher Kantonalbank Facebook
“With Zürcher Kantonalbank, we have acquired an ideal partner as an investor,” Steffen Wagner, co-founder and CEO of investiere.ch, explains. “Zürcher Kantonalbank has repeatedly demonstrated its innovative strength and its expertise in the area of venture capital and has for many years shared our mission of providing professional financing for start-ups.”
Martin Scholl, CEO of Zürcher Kantonalbank, commented: “We decided to invest in investiere.ch based on the team and #technology behind the platform. The digitalisation of the venture capital market offers attractive growth potential and also creates opportunities for the further development of our own financing activities in areas such as SME financing.”
investiere.ch and Zürcher Kantonalbank are among the most active venture capital providers in the Swiss market. Zürcher Kantonalbank has long been investing in young companies. More than a decade ago, it launched its ‘Pioneer’ initiative and since then the bank has invested more than CHF 100 million in start-ups with new and innovative business ideas. This has resulted in the creation of almost 1,000 jobs. #investiere.ch has already provided over CHF 17 million in funding for start-ups in more than 40 financing rounds. There will be no changes to the activities conducted by Zürcher Kantonalbank as part of its ‘Pioneer’ initiative. At the same time, investiere.ch will retain full independence with regard to the development of its business.
Featured image: Pixabay
The post investiere.ch Closes Financing Round: Zürcher Kantonalbank Becomes a Significant Minority Shareholder appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
Emerging #fintech firm #OpenDoor #Trading gets $ 10m #round for its #bond #platform.
FinTech – Finance Magnates | Financial and business news
#SWIFT remains committed to combatting any cyber breaches, following the endorsement of a new programme,.
FinTech – Finance Magnates | Financial and business news
This June 28th in #Zurich, #International Money-Tech is a #fintech event features 20 international digital payment and finance #technology company #pitches and offers 1:1 meetings in Zurich
Innovations presented will include digital currencies, mobile banking, peer-to-peer lending, crypto finance, new trends insurance tech, #robo advisors, among many others.
#Startup Pitches will inlcude:
Kantox, a pioneering firm in the foreign exchange industry, bringing light and fresh air to an uncertain, static market. Kantox offers a comprehensive FX management solution for SMEs and mid-cap companies.
Validity Labs educates patrons so they can adapt early an exploit opportunities rather than being rolled over by the #blockchain wave. Our courses, workshops and seminars provide hands-on education about smart contracts and the technology stack beneath it.
SynerScope, the next generation platform that provides analytics solutions to help discover critical information from massive amounts of data and turning it into useful insights. Synerscope combines Scientific Visualization Technologies, ultrafast predictive analytics and machine learning on top of its proprietary enterprise data navigation, -search and -linking. This technology stack provides enterprises high speed detection of abnormal behaviours and anomalies in complex data.
RaiseNow supports ambitious fundraisers to grow their online fundraising. Using solutions for all digital touch points – from SMS donations and mobile phone apps right up to peer-to-peer event fundraising and donation forms. The platform integrates your email and social media channels and makes everything tightly work with your existing fundraising and donor database.
Meniga is transforming the way #banks and advertisers use transaction data, by helping people becoming smarter consumers with great products. With current implementations worldwide Meniga is already serving +35 million consumers.
Speakers will include academics and executives from fintech startups and financial services firm including Roland Berger, Ascribe, the Ethereum Foundation, Nexussquared, Wikifolio, Crowdhouse, and more.
Stefan Greunz – Wikifolio, Head of Business Development
Stefan Greunz &8211; Wikifolio, Head of Business Development
wikifolio.com is Europe’s leading online platform for trading ideas by private traders and professional asset managers.
The Fintech company launched its Social Trading platform in Germany in 2012, followed by its Austrian launch in early 2013 and expanded to Switzerland in 2015.
All signs are pointing to continued growth,’ says Andreas Kern, CEO and founder of wikifolio.com, ‘during the past year we have at least doubled all relevant figures and we want to continue like that.’
More than 13,000 trading ideas called ‘wikifolios’ were already published, of which more than 4,300 are tradable as wikifolio-certificates at the Stuttgart stock exchange. So far 5.3 million trades in wikifolios triggered already a trade volume in excess of 7.9 billion euros.
Ming Chan &8211; Ethereum, Executive Director
Ming Chan &8211; Ethereum, Executive Director
Ethereum’s rapidly growing popularity has become the most talked about topic in #cryptocurrency ecosystem. It particularly came under spotlight when it crossed the $ 1 billion mark in March this year, making several cryptocurrency exchanges to announce their support for ether trading.
The market cap of Ethereum’s has once again surpassed the $ 1 billion mark as ether price recently found upward momentum and currently trades at $ 14.45 levels. Finance Magnates attributes this to the success of the DAO crowdfunding drive.
Speaking with EconoTimes, Aurélien Menant, CEO of Gatecoin, said that the surge seen earlier in Ethereum’s market cap was partially due to some concerns about the future of #bitcoin, which have been recently addressed following the announcement of the upcoming SegWit and Lightning network upgrades that will improve the scalability of bitcoin. He attributed the subsequent drop in the market cap to a correction to an “overly excited market”.
If you consider that the market even grew anywhere near 1 billion in less than a year since it was released that is very impressive. We are still very bullish about Ethereum and believe ether’s value will increase in the long term, Menant added. Source.
Special offer: Register with code “fintech16” to get 15% discount for event tickets!
The post International Money-Tech in Zurich: Startup Pitches Round 1 and Speaker Profiles appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH.
#Network #virtualization specialist #Midokura today announced it has raised a $ 20 million #Series B #round with participation from Japanese #fintech company Simplex and existing investors like Allen Miner and the Innovation Network Corporation of Japan. With this round, Midokura’s total funding has now hit $ 44 million. As enterprises move away from expensive proprietary networking hardware… Read More
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