Foreign Credit

Foreign banks in Germany have the highest growth rates in terms of commercial credit lines. That’s the conclusion of a study carried out by Fox Corporate Finance (FCF).

Surging Online Sales

The German Association of e-commerce says that consumers spent around 17.36 billion euros on online purchases in the second quarter of 2019 – that was 11.3 percent more than in the same period in 2018.

You Say You Want a Revolut

London-based challenger bank Revolut is opening a new tech hub in Berlin. Around 80 people will be employed there, including software engineers, data scientists, product managers and marketing experts.

Valuable Vegetables

Fruit and vegetables don’t get any fresher than when they’re still growing. That’s the idea behind the hot Berlin start-up Infarm, which has come up with a technique to grow and not just sell fresh produce in supermarkets.

Interprint Sale

Japan’s Toppan Printing is bidding to buy the western German interior décor producer Interprint. Subject to approval by Germany’s Federal Cartel Office the sale should go through by the end of 2019. The Tokyo company was attracted by Interprint’s tradition and solidity.

Property Platform

Hamburg fintech start-up Exporo hosts a digital platform for property investments and aims to make this sector accessible to small investors. “We want to change the way you invest in property,” Exporo CEO Simon Brunke says.

More and More Mail Order in Germany

Germans love to shop, but increasingly they prefer doing so without actually going to stores.

Going Cashless

German consumers can be fairly conservative, but they’re now catching on to the advantages of paying for purchases without physical money.

Great Games

The 2019 Game of the Year Award for German language board and card games has gone to “Just One” by Ludovic Roudy und Bruno Sautter.

Intoxicating Innovation

Germany’s second largest beer producer Oettinger has come up with a beer mixed drink using hemp. With an ABV of only 2.5 percent, it contains beer, green tea and herbal extracts, and THC.