Shackleton investee, FinLeap today announced that it has created Joonko a new consumer finance portal. Joonko has other prestige backers including Ping An and Raisin - who besides offering funding are strengthening the new company's technology platform. Joonko will help German consumers choose the right financial products for their personal saving and protection needs. With EUR10 million in seed capital under its belt, the portal [...]
Shackleton portfolio company FinLeap today announced the merger of Figo and Finreach solutions. Both companies are well-known fintech pioneers. Finreach is already a FinLeap company. Figo was formed in 2012 and has to date received some €10 million from angel investors, Deutsche Börse, and Berliner Volksbank Ventures. The merger will create the leading European Software-as-a-Service (SaaS) API platform for finance. - Markus Dränert, Cornelia Schwertner [...]
Insurance-robo-advisor Clark today announced the closing of a US$29 million financing round, the largest Series B financing of any European insurtech to date, led by FinTech investor Portag3 Ventures and transatlantic fund White Star Capital. Existing investors, including Coparion, Kulczyk Investments and Yabeo Capital, also invested new funds in the Frankfurt and Berlin-based company, bringing total financing to date to US$45 million. Shackleton investee, FinLeap, [...]
Berlin-based banking platform raises EUR 56.6 million (USD 70.1 million) BBVA, Visa, Lakestar and ABN AMRO DIF to join as strategic investors Current investors Bertelsmann subsidiary, Arvato Financial Solutions and Japanese SBI Group re-invest solarisBank was formed by Shackleton-backed FinLeap two years ago, with FinLeap remaining the leading shareholder Berlin, 08/03/2018 – solarisBank, the first banking platform with a full banking license, has successfully [...]
FinLeap today announced that it has launched its newest venture serving the "B2B2SME market". Infinitec provides SaaS solutions for banks, insurances and corporations who are targeting small and medium-sized businesses (SMEs). Its software solution makes it possible for SMEs to plan and manage company finances at a glance while providing direct access to custom-made banking and insurance products. They are the major pillar of the German [...]
FinReach strengthens its position as a leading software-provider in the international B2B financial market ● The German Software as a Service-Provider for financial institutions expands its reach to Austria and Spain; further European countries will follow in 2018 ● The digital account switch service of FinReach is now offered by over 500 banks ● Clients can switch their accounts from one bank to another [...]
