Germany

Peter Thiel-Backed German Online Bank N26 Worth $3.5B

Peter Thiel-Backed German Online Bank N26 Worth $3.5B
Peter Thiel-Backed German Online Bank N26 Worth $3.5B
July 18, 2019  |  Banking

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. Get the Full...

READ MORE >
Germany’s Regulators Could Crack Down On Internet Firms’ Crypto
Germany’s Regulators Could Crack Down On Internet Firms’ Crypto
June 27, 2019  |  Legal & Regulation

The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put under a microscope...

READ MORE >
Huawei, Spurned By US, Says It Can Meet German 5G Standards
Huawei, Spurned By US, Says It Can Meet German 5G Standards
June 24, 2019  |  Cross-border Payments

Chinese tech company Huawei said it has “no doubt” it’s going to meet Germany’s security requirements  for upcoming 5G networks in the company, Reuters reported....

READ MORE >
German Central Bank Head Warns About Crypto Use
German Central Bank Head Warns About Crypto Use
June 21, 2019  |  Cryptocurrency

The head of Germany’s central bank warned about stablecoins, which are cryptocurrencies tied to traditional currencies, according to a report by Reuters. Get the Full...

READ MORE >
Germany Pushes For eCommerce Returns To Be Resold Or Donated
Germany Pushes For eCommerce Returns To Be Resold Or Donated
June 13, 2019  |  Retail

In an effort to regulate eCommerce merchandise returns, a proposal is set to be put forward in Germany that aims to cut back on the...

READ MORE >
Commerzbank Keeps Open Mind On M&A
Commerzbank Keeps Open Mind On M&A
May 22, 2019  |  Banking

Even though a potential merger with Deutsche Bank fell through, Commerzbank CEO Martin Zielke said he’s still open to the possibility of merging with another...

READ MORE >
Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
May 21, 2019  |  Innovation

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according...

READ MORE >
German FinTech Raisin Eyes US Expansion
German FinTech Raisin Eyes US Expansion
May 21, 2019  |  Banking

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., according to a report by Reuters. Get...

READ MORE >