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Today in Germany: Number26, Movinga, Zinspilot Written by Felicitas Hackmann on 21. July 2016

Number26 gets a banking licence and renames

Berlin-based fintech startup Number26 recently mostly got bad press for first deleting account without notice upfront, and later introducing a so-called “fair use policy” that explained e.g. limitations on free ATM usage. Today, the startup announces it got a banking licence and will rename to N26. The startup promised to soon launch new features, one will be expense sharing.

Movinga founder sells company shares

The moving startup Movinga is currently going through a bit of trouble. Just a few weeks ago, the founders left the company after shutting down three markets and letting about 200 out of 500 people go. Now, the founders also got rid of their shares. How much they sold it for is unknown.
[Gründerszene] (German)

Zinspilot’s mother company raises €15 million

Hamburg-based Zinspilot’s mother company Deposit Solutions raises €15 million. Besides Peter Thiel’s Valar Ventures, FinLab, Greycroft Partners and invested.
[Gründerszene] (German)
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