FinLeap, the fintech venture hub, has raised €39 million led by financial services firm Signal Iduna, Japan’s SBI Group, NIBC Bank, and existing investor Hannover Re.
The Berlin-based startup builder recently relocated to a new headquarters in the city. The location is also the home of de:hub, a government initiative to foster fintech companies and programs among startups, corporates, and investors, led by FinLeap.
FinLeap has launched and supported 12 fintech ventures including Billfront, Solarisbank, and Moneymap.
“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,” commented Ramin Niroumand, CEO of FinLeap. “Both effects are valuable components for the development of complex fintech businesses.”
The “fintech sector is of great importance to us” said Yoshitaka Kitao, CEO of the SBI Group. “As one of the largest and most professional players, FinLeap already belongs to the elite of this sector.”
“Its profound expertise in building successful business models in a complex and regulated environment, will help us further tailor our offering to meet the complex and changing needs of our clients,” added Paulus de Wilt, CEO of NIBC Bank.
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