45 Top Funded German FinTech Companies on Investors’ Radar

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Germany is one of the key FinTech geographies in Europe that has enjoyed steady funding flows along with some stellar FinTech players in the market to create global news. The year 2018 was exciting for Germany in terms of FinTech funding, which recorded over 55% of YoY growth. Celebrity FinTechs such as N26 and wefox have continued the momentum in the first quarter of 2019 as well by raising $300 million and $120 million respectively, and these are not the only two to cash-in large checks. However, regulatory scrutiny has followed the rapid expansion of scale and importance for players like N26. In April 2019, Germany-based challenger bank N26 was again in the news, but this time not for good reasons. German regulator BaFin spotted the FinTech bank for its security vulnerabilities and increasing customer service complaints. BaFin has ordered N26 to address staffing, outsourcing, and technical issues. We believe…

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