German Startups Group plans IPO
It is known for its investment in the food delivery service Delivery Hero, the music streaming service SoundCloud, and the online glasses shop Mister Spex, but this times shares large news about its own company: The German Startups Group Berlin GmbH plans its IPO. Details remain undisclosed for as of right now. However, Commerzbank AG is arranging the IPO with Hauck & Aufhaeuser Privatbankiers KGaA, BHF-BANK AG and Quirin Bank AG.
FinTech company builder expands into insurance market
Half a year ago, Berlin-based Finleap, a company builder for FinTech startups, was started by Hitfox founder Jan Becker. In addition to FinTech, Finleap will now also cover the insurance market, starting with Clark, an online insurance broker that calls itself “the most modern internet-technology for product- and cost transparency”.
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