Germany Falls Into Recession

Germany has slipped into recession amid a decline in consumer spending after last year’s shock in energy prices.

Society & Lifestyle

Patient21 Raises $108 Million to Expand Digital Health Platform

Patient21, a German startup operating in the field of digital healthcare, announced plans to start working in new markets after attracting investment funds for $108 million.

Blockchain & Crypto

Coinbase Introduces Zero Trading Fee Subscription

Coinbase’s new subscription service, “Coinbase One,” provides a range of exclusive benefits and features besides zero-fee trading


Moss and Deutsche Bank Partner on Payments via Expense Management Platform

The media reports that Moss has established a partnership with Deutsche Bank.

Finance & Economics

Vodafone to Cut 11,000 Jobs

Vodafone announced its intention to lay off 11 thousand employees.


SAP and Google Cloud Introduce Comprehensive Open Data Offering

SAP and Google Cloud have expanded the scope of the partnership and presented a comprehensive open data offer.


Triodos Bank’s 2035 Emission Reduction Targets Validates as Science-Based

The Initiative to Achieve Science-Based Targets (SBTi) confirmed that Triodos Bank’s intentions to reduce the level of harmful emissions to zero have sufficient arguments to recognize this plan as justified.

Fintech & Ecommerce

Finanzguru Raises $14 Million to Bolster Financial Advice Platform

The German company Finanzguru announced that it managed to attract investment funds for $ 14 million following the results of the next round of financing led by PayPal Ventures.

Fintech & Ecommerce

VR Payment and Hawk AI Join Efforts to Prevent Financial Crime With AI

VR Payment, part of the cooperative financial group Volksbank Raiffeisenbanken and DZ BANK Group, partnered with AML and fraud prevention software provider Hawk AI to fight financial crime


Mercedes-Benz and Visa Launch In-Car Payments in Germany

Mercedes-Benz has rolled out the Mercedes Pay+ feature in cooperation with Visa to enable in-car payments for digital services and on-demand hardware upgrades

Fintech & Ecommerce

Klarna and Schufa Pilot BNPL Over-Indebtedness Protection Solution

BNPL fintech leader Klarna is starting a six-month pilot project with German private credit bureau Schufa for Buy Now Pay Later service customers to be better protected against over-indebtedness


German DekaBank to Begin Offering Bitcoin

DekaBank has partnered with METACO to provide crypto exposure to institutions.

Finance & Economics

JPMorgan Preps German Digital Bank

JPMorgan Chase & Co. plans to launch a digital bank in Germany.


German Antitrust Regulator Investigates PayPal

Germany’s antimonopoly regulator has launched an investigation into PayPal.


European Governments to Increase Borrowing by 10% in 2023

Investors expect European countries to flood the market with new debt in 2023 as the governments will shield their economies from high energy costs

Finance & Economics

BMW Introduces In-Car Parking Payments

BMW drivers in two European countries can find parking spaces and pay for parking, using its in-vehicle infotainment system or My BMW app

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