Hamburg based fully licensed bank Varengold Bank AG and the Berlin based fintech Banxware announce a new strategic partnership. Together they will allow platforms to launch tailor-made embedded loan products in a few weeks without any technical or regulatory effort.

Berlin-based Fintech Banxware has raised EUR 10 million as a Seed Extension round led by Element Ventures, and joined by co-investors D4 Ventures, FinVC and Varengold Bank AG. All three VC firms have an extensive portfolio of Fintech companies.

PAYONE, joint venture of Worldline, the European market leader in payment and transaction services, and the DSV Group, Competence Center Payment of the Sparkassen Finance Group, and the Berlin-based fintech Banxware, provider of business financing and lending technology, have entered a strategic partnership.

Berlin-based fintech Banxware and PrestaShop, an open-source e-commerce platform for running online shops, announce their collaboration to provide German online retailers with quick, easy and convenient access to liquidity.