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.
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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
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.
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
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
Great Opportunities For Embedded Finance in the European Mobility Sector Revealed
Research conducted by Solaris and the Handelsblatt Research Institute analyzes the potential of the most popular mobility providers in Germany, France, Italy and Spain to offer financial services
The Global Economic Trading Patterns Are Rapidly Shifting
Russia’s invasion of Ukraine and China’s continuous lockdowns are encouraging a trade and investment renaissance between the US and Europe
German crypto bank Nuri shuts down
Nuri management requested its 500,000 customers to withdraw funds before mid-December
Consortium wants to pilot European Digital Identity Wallet payments
A consortium of government agencies and fintech providers from six European countries propose to launch a large-scale pilot to explore European Digital Identity Wallet payments
Viber Messenger launches in-app digital wallet
The new Payments feature will let users set up digital wallets tied to their Viber accounts
Deutsche Bank to develop a white label BNPL product for e-commerce
Deutsche Bank is working on a white label buy now, pay later solution for online retailers and e-commerce marketplaces in partnership with Viennese fintech Credi2
Best countries where you can develop your fintech career
Here are the best countries to develop your fintech career in
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