banking
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Want to know how fast disruption happens? Look at N26. This Berlin-based challenger bank has been around since 2013, after longtime friends Valentin Stalf and Maximilian Tayenthal co-founded it. Back then, Number 26, as it was then known, was little more than an app interface for Wirecard. But in 2016, it rebranded to N26, won a banking…
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We are currently the top European destination for FinTech venture capital investment. In 2018, fundraising here reached £15 billion, representing one in every six pounds invested in the sector worldwide. Only the US and China outperformed us. This year’s Innovate Finance Global Summit – which we helped deliver – highlighted the country’s future as a…
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Commerzbank Tests a Blockchain-Based Payment Solution. Commerzbank, the second-largest bank in Germany, is exploring a blockchain-based payments solution that won’t require human intervention, according to an announcement Thursday. The bank has already completed testing the first use case of the solution, where it issued euros on a blockchain and provided automobile giant Daimler Trucks, the…