The first half of 2024 was challenging for the German fintech sector, with global fintech financing dropping to $51.9 billion due to high interest rates and...
Trade Republic has struggled with customer inquiries since late 2023, prompting costly overtime and hinting at deeper operational issues. The decision to outsource customer service, rather...
Solaris enables startups to use its banking license and offers banking services to established companies. Bafin found significant deficiencies in Solaris’ operations, including money laundering prevention,...
Lemon Markets secured €12 million to launch new products and expand in Europe. Having received a securities trading license from Bafin in January, the company offers...
Currently, Moonfare employs 196 people, "an increase of 40 percent" compared to the start of 2022, the company calculated. That should be little consolation to those...
According to Dock Financial and Compeon, the joint offering has already been tested in a pilot phase and will be rolled out by the end of...
Lending standards are being tightened and the proportion of completely rejected loans is increasing. Comparison portals such as Smava or Check are not likely to be...
Although the challenging framework conditions have led to fundamental economic resilience in the German fintech sector and enabled a clear competitive advantage, its players should not...
Wefox started as an app platform for insurance brokers, who could organize their policies and business with the help of Wefox's technology service; in return, the...
Iban First recently entered the German market and aims to conquer the SME sector in particular. Iban First also offers its so-called payment tracker in Germany....