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Monday 20 November 2017

LATEST NEWS

FinLeap raises €39 million in latest funding round

Written by Anthony Strzalek
17/07/2017

German FinTech ‘company builder’ FinLeap has raised €39 million in a funding round led by investors including the German insurer SIGNAL IDUNA, the SBI Group from Japan and the Dutch NIBC Bank.

In addition, the reinsurer Hannover Re raised its share in FinLeap, which is the startup platform behind Berlin-based solarisBank.

Having launched 12 FinTech ventures so far, FinLeap is already active in 10 European countries. The platform aims to bring together the most prominent players of the financial services industry as well as investors and clients.

The FinLeap headquarters in Berlin are also being relocated. The company builder has moved from its current head office in Berlin-Mitte to Charlottenburg.

Ramin Niroumand, co-founder and CEO at FinLeap, said: “We are glad to hold the trust of even more institutional investors. By having a growing number of partners we are not only gaining more independence but also stability, because our partners are renowned banks and insurers. Both effects are valuable components for the development of complex FinTech businesses.”

Yoshitaka Kitao, CEO at the SBI Group, added: “As one of Asia’s largest venture capital companies, we specifically invest in the key technologies of the 21st century. That is why the FinTech sector is of great importance to us. As one of the largest and most professional players, FinLeap already belongs to the elite of this sector. We are very proud of this successful partnership.”



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