FinTech
PayPal Launches Contactless Mobile Wallet in Germany
Revolutionizing Mobile Payments with Innovative TechnologyHighlights: PayPal introduces a new contactless mobile wallet to enhance user convenience.The launch in Germany marks a significant step...
Banking
Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings
Strategic Acquisition: Amundi, Europe’s leading asset manager with €2 trillion AUM, has acquired Aixigo, a German provider of API-based wealth management software, for...
Banking
Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia
Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...
Banking
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...
Banking
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France, and the UK.
The E2...
Banking
UniCredit buys 9% stake in Commerzbank as German government looks to offload shareholding
UniCredit has acquired a 9% equity stake in Commerzbank.
Of this, 4.49% was purchased through an accelerated book building offering for $775 million,...
Banking
Germany’s Upvest embeds Deutsche Bank’s banking infrastructure to expand its product range
Upvest, a Berlin-based fintech, has formed a strategic partnership with Deutsche Bank to expand its product offerings.
Upvest was founded in 2017 and...
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