EUR 60 Million for German Fintech solarisBank

Berlin fintech start-up solarisBank has booked a cool EUR 60 million in its latest round of financing. The company, which was founded in 2016, has taken in more than EUR 160 million from investors.

Networker-in-Chief

Jochen Homann is the president of the Bundesnetzagentur, the national agency responsible for regulating, among other things, Germany’s telecommunications industry. He talks to Markets Germany about the opportunities and challenges presented by 5G.

One to Watch: Girish Mathrubootham, CEO of Freshworks

Freshworks provides a broad range of simple-to-use business software.

Bepro11 Scores New Financing

Sportech startup Bepro11 has taken in an additional 8.8 million euros in financing, following a 10-million-dollar capital infusion in 2018.

Speedy Business

New software from Hamburg start-up Baqend allows commercial websites to operate between twice and ten times faster.

New Electricity App

Can consumers save money by running appliances and charging batteries when electricity prices are lowest? Tibber says they can, and this spring the Norwegian start-up brought its services to Germany.

Combatting Migraines

Migraines seriously reduce the quality of life for millions of people, and there is unfortunately no cure. Berlin start-up Newsenselab, however, has developed an app called M-sense that helps migraine sufferers better manage their condition.

Monitoring Money Laundering

One problem faced by today’s banks is false alarms about money laundering. German start-up Hawk AI offers help in the form of artificial-intelligence software that can spot illegal practices with greater accuracy.

Online Medicine: Teledermatology

Teledermatology is becoming popular Germany. The prize-winning Swiss sector leader OnlineDoctor has expanded its services, partnering with the Professional Association of German Dermatologists and attracting more than 150 physicians to its Internet platform “online doctor”.

New Gambling Rules

Germany’s 16 federal states have agreed to liberalize the laws governing online games of chance and allow sports bet and games played with virtual machines.