Finleap

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finleap GmbH
GmbH
IndustryStartup accelerator
Founded2014; 7 years ago (2014)
Founders
  • IONIQ Group
  • Ramin Niroumand
Headquarters
Berlin
,
Germany
Products
  • Venture capital
  • Investments
Websitefinleap.com

Finleap is a Financial technology accelerator and incubator, headquartered in Berlin. finleap was founded in 2014 by IONIQ Group and Ramin Niroumand, and has built and scaled 18 companies as well as acquired fintech companies. It has raised 550 million euros in funding rounds. Its portfolio companies include Solarisbank, Element Insurance AG, CLARK, and Elinvar.

History

finleap was founded in 2014 by Hendrik Krawinkel, Jan Beckers (CEO of the HitFox Group and chairman of FinLeap), and Ramin Niroumand and is headquartered in Berlin, Germany. Unlike well-known Silicon Valley accelerators like Y Combinator, finleap is known as a "company builder" and focuses exclusively on technology companies in B2B financial services. Notable companies that finleap built include Solarisbank, and Elinvar.[1][2][3][4] In addition, it has made a number of investments, including Penta.[5][6] Companies in finleap's portfolio are given space in its standalone office building.

Its portfolio companies provide a range of digital financial services, such as insurance brokerage (Clark), debt collection (PAIR Finance), and commercial banking (Solarisbank and Penta).

finleap has investment from Asian firms, including SBI Japan[7], and its portfolio companies have also had investments from China firms[8][9].

In 2017, finleap opened its first international office in Milan under the supervision of Marco Berini, GM of finleap connect Italy. The same year, it raised 39 million euro for its incubation program[10] [11] and raised 26.3 million euros for its incubated company, Solarisbank[12].

Most recently, it has expanded into Spain with Ignacio Garcia in Madrid and France with Nicolas Montes-Edwards in Paris.[13][14][15][16]

In 2019, the company it built, Pair Finance, reached profitability and raised 2 million euros in 2020 from investors like Zalando.[17]

Programs

Dr. Carolin Gabor, who joined finleap in May 2016 is the CEO of a finleap portfolio company, Joonko, founded fintex, (previously named Fintech Ladies Europe) to connect women working in the tech and finance industry more visibility and networking opportunities.[18]

In 2020, finleap introduced Gesund Zusammen, a non-profit initiative bringing large online companies to support digital solutions to combat the COVID-19 pandemic. Partner companies include N26, Bundesverband der deutschen Startups e.V., datenschutzexperte.de, GetYourGuide, Delivery Hero, Omio and others.

References

  1. Mai 2019, Caspar Schlenk und Heinz-Roger Dohms14 (2019-05-14). "Goldman Sachs investiert in Finleap-Startup". Business Insider (in Deutsch). Retrieved 2021-02-11.
  2. "Banking platform solarisBank closes €56.6M Series B from BBVA, Visa, Lakestar, and others". TechCrunch. Retrieved 2021-02-11.
  3. "German fintech company builder FinLeap raises €21M at €121M valuation". TechCrunch. Retrieved 2021-02-11.
  4. "FinLeap's solarisBank to offer Banking-as-a-Platform so startups can ride fintech gravy train". TechCrunch. Retrieved 2021-02-11.
  5. April 2019, 2nd (2019-04-02). "Finleap acquires German challenger bank Penta". FinTech Futures. Retrieved 2021-02-11.
  6. "finleap gears up to become Europe's leading financial technology provider". finleap. Retrieved 2021-02-11.
  7. "German fintech factory FinLeap raises EUR39 million". Finextra Research. 2017-07-17. Retrieved 2021-02-11.
  8. Schulze, Elizabeth (2018-11-19). "China's Ping An invests in Berlin fintech start-up in push to modernize Europe's financial services industry". CNBC. Retrieved 2021-02-11.
  9. "Insurtech: Versicherungsmanager Clark sammelt 69 Millionen Euro Kapital ein – Tencent steigt ein". www.handelsblatt.com (in Deutsch). Retrieved 2021-02-11.
  10. "German fintech factory FinLeap raises EUR39 million". Finextra Research. 2017-07-17. Retrieved 2021-02-11.
  11. Redaktion. "39 Mio. EUR für Company Builder FinLeap - VC Magazin" (in Deutsch). Retrieved 2021-02-11.
  12. Irrera, Anna (2017-03-13). "Japan's SBI, others invest 26.3 mln euros in Germany's solarisBank". Reuters. Retrieved 2021-02-11.
  13. "L'usine à Fintech Finleap s'attaque au marché français". Les Echos (in français). 2019-07-11. Retrieved 2021-02-11.
  14. "Finleap appoints new head of France". Finextra Research. 2019-07-12. Retrieved 2021-02-11.
  15. "Finleap Tackles the French Market and Announces the Recruitment of its Managing Director". Financial IT. Retrieved 2021-02-11.
  16. Alexandre Rispal (2019-09-23). "Finleap Dévoile Ses Ambitions D'Innovation Financière En France". Forbes France (in français). Retrieved 2021-02-11.
  17. "2 Millionen Euro für Pair Finance – Bewertung steigt auf 60 Millionen". FinanceFWD (in Deutsch). 2020-07-06. Retrieved 2021-02-11.
  18. "Initiatives". finleap. Retrieved 2021-02-11.

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This article "Finleap" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.