The bank with account management solely by app. N26 does completely without paperwork. Setting up a checking account, paying at the supermarket checkout, transferring money – the customer can do everything with a smartphone. The Fintech app provider started 2019 with a financing round of 300 million US dollars, increasing its value to around 2.7 billion dollars.
Deposit Solutions offers an open banking platform for savings deposits under the Zinspilot brand. After registering once with Zinspilot, users can manage overnight deposits and time deposits on various accounts throughout the EU from their account. The company was founded in Hamburg in 2011 and is worth around half a billion US dollars after another round of financing in August 2018.
Solarisbank, a Berlin-based tech company founded in 2016, which offers Banking-as-a-Service (BaaS) and enables its customers to individually compile various banking services via the APIs of the BaaS platform. What’s special: Solarisbank holds a banking license and is well connected in the Fintech scene with many start-ups.
The Berlin holding company Finleap was founded in 2014 and sees itself as a platform for Fintech start-ups and provides start-up support for new companies (including the Solaris Bank, which emerged from Finleap). With 41.5 million US dollars, the company builder also brought in a considerable financing round in autumn 2018. The investor is the Chinese insurance group Ping An.
The company Smava is an online credit marketplace and also originates from the German Fintech stronghold of Berlin. As early as 2006, Alexander Artopé founded the consumer credit portal and more than ten years later caused a sensation in the Fintech scene with his negative interest rate for installment loans. According to own data, the credit comparison portal offers its users an overview of 70 bank credits and offers of private backers. In the most recent financing round in January 2018, Smava collected 65 million US dollars from investors.