Rocket Internet buys stocks back, stock rises – Samwer writes profits, but profit of his start-ups is missing

For the start-up investor Rocket Internet, a good half year comes to an end.The holdings of CEO Oliver Samwer, however, postpone their prospects for profits. The IPOs from the portfolio are still worthwhile for Oliver Samwer. His company Rocket Internet wrote a profit of 297 million euros in the first half of 2018. Samwer invests in start-ups and wants to

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The Solarisbank opens for blockchain companies

News Article. Solarisbank intends to serve crypto companies in the future. Fintech is launching a new service today. In the future, crypto and blockchain companies will be able to handle their cash transactions via Solarisbank . This is announced by the Berlin Fintech . The companies benefit from the bank-startup’s full banking license. “There is a lot of demand from the blockchain world for a

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Balderton Capital leads $25M Series A in ‘urban farming’ platform Infarm

Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. The round is led by London-based VC firm Balderton Capital, with participation from TriplePoint Capital, Mons Investments, and previous investors

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Wefox: Aston Kutcher joins Insurtech

The insurance start-up continues to raise money and present a new prominent investor. The focus is on an ambitious product from Wefox. Sober industry, dazzling donors: this strategy continues the insurance start-up Wefox now. Hollywood actor Ashton Kutcher is now one of the investors of the Insurtechs. The Handelsblatt reported this news first today (€) . The amount of the investment Wefox did not comment

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This week in Germany: Snapchat, Jodel, Propertybase

What happened in the world of German startups this week? FinTech startup Fincompare pulls in €2.5 million The Berlin FinTech startup Fincompare (German) raised €2.5 million (€2.8 million) in a seed round with help from Speedinvest, an Austrian venture capital firm and Uniqa, a Austrian insurance company. Several Berlin-based business angels, like André Bajorat, also invested

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This Week in Germany: Investments kept rolling in

Christine G. Coester – 10. March 2017 Which German startups received investment this week and which closed up shop? Shell Technology invests in Tiramizoo The Munich-based same day delivery service Tiramizoo announced a new investment round. The round was led by Shell Technology Ventures with participation from existing backers Daimler, DPD, Bayrische Beteiligungsgeschsellschaft and Bayern Kapital. Tiramizoo’s co-founder

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Why ambitious fintech startups should be looking to Scotland

Political and economic disruption is turning Edinburgh into a global fintech capital, making it the perfect time for ambitious startups to move their operations to Scotland. The global financial industry is undergoing a transformation. From blockchain technology and smart contracts to mobile payments and robo advisors, innovation is rapidly redefining our relationship with money. At

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