Germany

Neobank N26 Anticipates Breaking Even in Face of Losses

Neobank N26 Anticipates Breaking Even in Face of Losses
Neobank N26 Anticipates Breaking Even in Face of Losses
October 11, 2022  |  Banking

German neobank N26 said it has enough cash until it breaks even, although its finance chief is not ready to say when that will happen....

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Millennials Desire To Consolidate Connected Devices Greatest Among Consumer Groups, Study Finds
Millennials Desire To Consolidate Connected Devices Greatest Among Consumer Groups, Study Finds
October 10, 2022  |  Connected Economy

Connected devices have enabled consumers to centralize all manner of daily tasks, making it easy to buy groceries, monitor bank transactions, track health data and...

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Adidas Seeks CEO, Questions Kanye West Deal
Adidas Seeks CEO, Questions Kanye West Deal
October 07, 2022  |  Retail

As Adidas looks for a new chief executive, experts and analysts are advising the German footwear company to get creative. Get the Full Story Complete...

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Germany’s NORD/LB Will Use Trade Ledger’s LendTech Platform
Germany’s NORD/LB Will Use Trade Ledger’s LendTech Platform
October 04, 2022  |  Partnerships

Trade Ledger, a London-based Lending-as-a-Service FinTech, is partnering with one of Germany’s largest commercial banks, Norddeutsche Landesbank Girozentrale (NORD/LB), to streamline lending decisions. Get the...

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German Startup Workist Raises $8.7M to Automate B2B Transactions
German Startup Workist Raises $8.7M to Automate B2B Transactions
September 26, 2022  |  B2B Payments

Berlin-based tech startup Workist has raised 9 million euros (about $8.7 million) to continue building its automation platform for B2B transactions, add to its team...

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JPMorgan Hires in Germany to Expand Retail Banking
JPMorgan Hires in Germany to Expand Retail Banking
September 05, 2022  |  Banking

JPMorgan will hire a team of retail bankers in Germany, as it looks at expanding its international consumer business and seek steadier revenue streams, Reuters...

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Data Brief: German Consumers See Banks as Super Apps
Data Brief: German Consumers See Banks as Super Apps
August 23, 2022  |  Connected Economy

Interest in super apps is growing worldwide as consumers increasingly recognize the benefits they provide. But recent PYMNTS research shows that there are concerns that...

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Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
August 14, 2022  |  eCommerce

Zalando, the biggest European online fashion retailer, doesn’t think the current slowdown on internet shopping will last, Financial Times (FT) wrote Sunday (Aug. 14). Get...

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