Something is happening in Germany. Within the last few months, we have seen a significant uptake activity within fintech industry in the country. In Q1 2016, investments into Germany fintech sored. About €107m was invested in local firms, up from about €10m one quarter before In Q1 2016. In addition, When the European Fintech Awards and Conference announced top 100 fintech start-ups of 2016, 10 German fintech companies made it into the selection. We also found more fintech companies doing great in Germany, See the top 1o fintech companies Germany and more listed bellow :
1) Ascribe
Ascribe is a BigchainDB and Scalable Blockchain Database Builder. Founded in 2014, the company helps creators to manage their valued digital resources by offering easy sharing and secured attribution. It applies blockchain to secure digital art and works closely with outstanding creators, along with digital marketplaces.
2) Friendsurance
Founded in 2010 by Sebastian Herfurth, Burckhardt Bonello, Janis Meyer-Plath and Tim Kunde, Friendsurance operates on a P2P insurance concept, which rewards some users with a cash bonus at the end of each year, particularly those that remain claimless. The company operates as an independent broker in the market with about 60 domestic insurance partners.
3) GetSafe
GetSafe is an insurtech start-up that offers an app to manage all insurance policies. The free GetSafe App helps users manage their insurance policies in one place. The company is among the best-known and fastest growing InsurTech start-ups. It gives consumers a digital overview of their existing insurance policies, helps optimize their insurance portfolio, and provides free and independent advice through insurance experts.
4) Kreditech
Founded in 2012, Kreditech is a German online lender that provides loans to people based on their creditworthiness which is analysed using their online data rather than traditional credit rating information. The company mainly focuses its efforts on emerging markets.
5) Mambu
Through its agile cloud banking platform, Mambu allows banking institutions to fast create, launch and service deposit and loan products. Founded in 2011 by Eugene Danilkis, Frederik Pfisterer and Sofia Nunes, the company works with over 145 institutions in 35 countries globally, servicing a portfolio of over a million accounts.
6) Number26
Number 26 was founded in 2013 by Maximilian Tayenthal and Valentin Stalf. Based in Berlin, the company aims to transform the traditional banking and how individuals spend, send and save money. Number 26 is Europe’s most modern way of banking.
7) Scalable Capital
Scalable Capital is a digital investment service that uses proprietary software to provide portfolios that are dynamically optimized. State-of-the-art technology allows the company to provide a first class investment service, earlier only available to institutional investors, to people at a fraction of the cost. The company was founded by Erik Podzuweit, Adam French, Patrick Pöschl, Stefan Mittnik and Florian Prucker in 2014.
8) Spotcap
Founded in 2014, Spotcap is an online lender for small and medium-sized enterprises. The company was founded by Jens Woloszczak and Toby Triebel, and is supported by Rocket Internet.
9) TraxPay
Traxpay provides a platform that enables 24/7 B2B payments and transactions in real time. Founded in 2012, the company is transforming the way business gets paid and pay with the world’s first B2B Dynamic Payments platform. Traxpay customers are B2B commerce network operators, corporations, and digital marketplaces that value the security, predictability, speed and flexibility.
10) Wikifolio
Founded in 2008 by Andreas Kern, Wikifolio is an Austria-based online platform that allows traders to turn portfolios into fully-fledged financial products, itemized on Europe’s leading exchange for structured products. The company objective is to set new standards for transparency and offers a fair fee-model.
These German Fintech Companies are also doing very well in Germany
11) Vaamo
As is a top robo advisor Vaamo in Germany that is dedicated to offering private individuals an intuitive and easy access to capital market in order to allow people of invest their money at minimum cost cost and profitably. To make investing accessible to all people, the company focuses on personal goals such as the education of your children or early retirement, provide users with advice and relevant at their fingertips and ensure an exceptional customer service experience.
12) Fino
Fino stands for first automated account exchange for banks and customers. According to the motto” new account – simply changed”, users can change their bank account in less 8 minutes. The whole works mobile, online and in the store. The company uses machine learning and intelligent algorithms.
13) Figo
Figo aggregates financial sources from more than 3,100 financial institutions and banks to allow innovative services. As the first “Banking Service Provider”, the company’s over 55 million online banking accounts in Austria and Germany.
14) Creditshelf
Founded by Christoph Maichel in 2014, provides a marketplace that allows borrowers and investors to connect and share information. SME borrowers get a quick and easy access to cheaper funding complementing traditional bank loan. Focusing on unsecured loans from €100k to €2.5m, the company makes business loans simple, fast and uncomplicated.
For more information on the listed Fintech Companies Germany, please visit their respective websites. Subscribe to our updates on Facebook and Twitter.