Tag: Wefox
Raisin is about to complete a round of funding
Tamaz Georgadze The founder and boss of Raisin wants to tap investors for fresh capital. The company benefits from the turnaround in interest rates. (Photo: Uta Wagner for Handelsblatt) Frankfurt…
Wefox collects millions more
Wefox stand at the industry meeting in Dortmund 2019 The company wants to bring insurers, brokers and customers together. (Photo: imago images/Cord) Dusseldorf, Frankfurt Insurance startup Wefox has raised an…
These German start-ups and tech companies are cutting jobs
Delivery Hero in Berlin The food delivery service is cutting 156 jobs at its headquarters. (Photo: dpa) Berlin The news is now coming in weekly: Similar to the USA, numerous…
Employee shareholdings are riskier than you think
Meeting in the start-up Employee programs are a frequently used tool to retain talent. (Photo: Unsplash) Dusseldorf, Berlin Employees of German start-ups face nasty surprises: the current crisis on the…
Insurtech boss Julian Teicke relies on low costs
Frankfurt The insurance start-up Wefox wants to increase sales by a further 50 percent in 2023 and break even. “The clear focus is the black zero,” said Wefox co-founder Julian…
Insurtech boss Julian Teicke relies on low costs
Frankfurt The insurance start-up Wefox wants to increase sales by a further 50 percent in 2023 and break even. “The clear focus is the black zero,” said Wefox co-founder Julian…
Insurtech Wefox increases valuation to $4.5 billion
Julian Teicke (left), Fabian Wesemann The Wefox founders were again able to collect money from investors. (Photo: wefox) Frankfurt Digital insurance company Wefox raises another $400 million from investors. Following…
Layoffs – Fintechs are coming under pressure
Frankfurt The celebratory mood is followed by disillusionment: just a week after the Berlin neobroker Trade Republic announced the expansion of its last financing round by 250 million euros and…
N26, Trade Republic, Gorillas: Start-up valuations under pressure
Dusseldorf, Frankfurt Several billion German start-ups are apparently experiencing difficulties in their financing rounds. It can be heard from those close to the companies and investors that fundraising at Trade…
Insurtech Wefox could increase the valuation significantly again
Frankfurt, St Gallen The “all-hands” meeting with his employees is still having an effect on Julian Teicke. A high double-digit number of employees at the Berlin insurance start-up Wefox have…
The Ukraine war and shaky stock markets are affecting financial start-ups
Frankfurt Neobank Penta needs money again. The Berlin company wants to collect 40 million euros. But it could be one of the first financial technology start-ups to feel that money…
Pliant extends financing to 18 million euros
Pair Finance uses artificial intelligence to address debtors individually The task of a debt collection service provider is to collect outstanding invoice amounts on behalf of its customers. According to…
Europe is bursting with new start-ups
Web Summit Chief Paddy Cosgrave At this year’s edition of his huge trade fair, he sees promising developments in Europe above all. (Photo: imago images / NurPhoto) Hardly anyone noticed…