This time we talk to him, since Clark is the only startup from Germany, on Bloomberg’s List of “50 most promising startups, one has never heard of” and an extremely good example of the increasing importance of Frankfurt, as a startup and fintech hub.
Be!Fund India helps entrepreneurs to get non-profit venture capital in India
Going to School India helps children in India to finish their last years in school in order to learn crucial skills, they could use to become social entrepreneurs themselves.
Both organizations are intertwined on a personal basis in India, both are supported by the entity we interview from Germany. Therefore both are covered in this interview here. In Frankfurt, Be!Fund works closely together with the Indian parent organization e.g. by reviewing business plans of the social entrepreneurs and supports them financially by collecting donations invested as seed capital into social entrepreneurs who pay it back by for another investment in the next generation hopefully creating a ripple effect. In the volunteering work methods from the lean start-up movement are used, such as prototyping our fundraising campaign „Karmaheld“ that raises donations in a fun way. The campaign is abstaining from using old-fashioned guilt feeling techniques, taking prototypes to the streets and improving it from the feedback received.
Reserach by NGIN Food and Gruenderszene suggest that the owners of Foodpanda took a big hit when merging it with Delivery Hero. Their work suggest that Rocket’s Foodpanda stake once worth beyond 250 mn € (Rocket held 50+% of the company worth 570 mn) went to Delivery Hero for 1,1% stake in Delivery Hero, which they is estimated to be worth only 70 mn €. http://ngin-food.com/artikel/rocket-internet-foodpanda-delivery-hero-analyse/
Accenture „HealthTech Innovation Challenge“ – From our mailbox
500 startups applied globally
3 US-based companies made it into the finals, which have been awarded that the 35. J.P. Morgan Healthcare Conference in San Francisco
Winner was QuiO, developer of a cable-less injection device with a cloud platform for smart medication
CaptureProof (developer of a camera, including the „Visual Narrative“-App for the exchange of information between all involved parties (patients, doctors…)
UE Life Sciences, Inc.(cancer screening tool for Point-of-Care, developed for developing countries
“The triangle of Berlin, London and Paris will cement its dominant European position, accounting for the lion’s share of European VC activity. Together they will account for 75%+ of EU’s VC funding volume”
From our German Rhein Main Review podcast: Mario and Joern think that the Rhein Main Area is good for 100 mn Euro VC funding in 2017 – Joern bets on more. We will let you know at the end of the year, how it turned out.
This time in our final roadtrip podcast from Bits & Pretzels 2016 our topic range is quite wide: logistics, VR and education. Event’s foyer was full of startup stands from all business fields with interesting ideas and products. Shipping goods today is as easy as that, just few swaps on smartphone, startups Bird and einfachverschickt.de are helping doing that. There are plenty of use cases for VR in design and architecture, consulting, marketing, startup eachtick’s product GVR is a good demo of that. And finally SpeaQ With Me’s product is a new online social language platform, stay tuned, more in our podcast.
We continue series of Roadtip podcasts from Bits & Pretzels 2016, discussing event’s program that was full of keynotes, workshops, speakers and pitches.
Today we are sharing with our listeners value propositions of startups in field of HR and talent search. Surprisingly there are a lot of gaps in this business that startups can improve and create additional value both for firms and job seekers. We talk to the startups Talentcube, MoBerries and TaylorTalents are sharing with us their ideas and product pitches.
This is the third and last episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
This time we talk to real twins: Ben and Alex, who are FinTech entrepreneurs and of course winners of Deutsche Bank Hackathon. They founded their company dwins in Cologne, but relocated to Frankfurt after a pivot. They offer a smart analytics API for analyzing current accounts and credit card transactions, currently getting into machine learning. During the hackathon they coded the so called Finance Guru, for personal finance.
You can learn more by tuning in to the interview and follow DWINS on Social Media:
Finchild – A pocket money app who want to further the financial education for children.
Wire – A chat bot platform, who coded a client service chat bot during the hackathon.
PS: Here is the promised view from Deutsche Börse Fintech Hub (on a cloudy, rainy day): https://www.facebook.com/startupradio.de/photos/a.1569447969949281.1073741828.1427450964148983/1853651681528907/?type=3&theater
And picture added from the comments: https://scontent.xx.fbcdn.net/v/t31.0-8/13147328_576116012554002_1840556866369125770_o.jpg?oh=fb788b1ef058a22455f2836f773950e3&oe=58F4A46C
This is the second episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
We talk in the second interview with Christopher from Finchild, which is an app for parents to reward children, pay them pocket money or assign tasks to them so they can earn money. The team therefore wants to contribute to the financial education of children from an very early age on. During the hackathon the team developed the Finchild app.
You can learn more by tuning in to the interview and follow Finchild on Social Media:
This is the first episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
We talk in the first interview with Helena and Gregor from wire.com, which is an end-to-end encrypted messaging service on which you can run chatbots. During the hackathon the team developed a chatbot for client interactions for Deutsche.
Tune in to learn more.
We touch the following topics during the interview:
An interview with a startup from the social impact lab Frankfurt: MEJO! aims to improve the life of diabetes patients with data science, focusing on the Spanish speaking countries, working with behavioral data – startuprad.io http://ow.ly/r2TP306Itfg
Frankfurt Celebrates Innovation, the award ceremony for the startups, who get to go to the USA with the German Accelerator Program. We interviewed a few startups and you can tune in here for some interviews and event highlights – startuprad.io http://ow.ly/JI2H306ItV4
A total of 433 Fintech businesses with operations in Germany were identified; 346 of those remain active. The other 87 businesses either did not begin their operations before 2016 or else are no longer active
We estimate the total volume of the potential addressable markets of the financing and wealth management sectors in Germany to equal almost 1.7 trillion EUR in 2015. This figure comprises a market volume of approximately 380 billion EUR for the financing sector and about 1.3 trillion EUR for the wealth management sector. In a real case scenario, we forecast growth in the total market volume of FinTechs of approximately 58 billion EUR in the year 2020 and 97 billion EUR in 2025. In 2035 the market could realistically reach a volume of up to 148 billion EUR.
Almost 87 % of the surveyed financial institutions currently cooperate with a FinTech business and strive for cooperation with or a participation in a FinTech business in the future.
After the UK, Germany is the second largest FinTech market in Europe. Internationally, Germany is rapidly catching up.
Everybody seems to be on the hunt to profit from Brexit: Gründermetropole Berlin writes that Berlin and Hamburg now work on a startup tour together to lure startups from London over http://ow.ly/9qEP306pmiZ
We found the captable of hyped Berlin FinTech N26 / Number26 – Bottom line VCs control 54%, management 35,88 %, 8 business angels 6,13%, approximately 3% for Springer’s Plug and Play of the company. The company is therefore valued at 154 mn US$ http://ow.ly/COOp306nwbu
Even established companies fail … frequently in ecommerce: From a unicorn to a “no-corn” the well established chocolate company Ritter Sport wanted to produce a unicorn chocolate, only available online and … two times their online store just broke down. This lead to some ridicule on social media, using the hashtag #glittersport – So, not only startups fail, but they can surely learn to get load tests before you expected a big wave of purchases http://ow.ly/JC1K306bYSE
Danish tourist company Novasol takes over Wimdu – but not newly merged 9flats (Singapore based). Airbnb might have been too strong http://buff.ly/2fzro8A
But remains under pressure
Rocket Internet drastically decreases its team size at the #Berlin-based headquarters reported EU-Startups http://ow.ly/Kj3S306mU4f, which was in turn deniedbut only that it seemed plausible speaks for the state of the company
so now, there is more competition going on here. We keep you updated.
Startup wins lawsuit in Germany against Ryanair, can still by delay claims from passengers, which Ryanair tried to prohibit. Now the startup flight right can still buy late claims from the passengers http://ow.ly/TMgN3062sm1
Unister you may remember the company with the many vacation portals that went in insolvency with a questionable end to the founder? We promised to keep you up to date. Now the insolvency administrator sold the first subsidiary http://ow.ly/II60306bu7I
Jörn’s find Icaros gives you with a funny chair and VR glasses the feeling of flying.
This time we bring you interviews from the fantastic event “Frankfurt Celebrating Innovation”, which took place last month organised by German Accelerator together with Frankfurt Pitch Club and hosted at TechQuartier Frankfurt. Startups from all fields pitched non-stop to be the luckiest ones and get a chance to participate in the US programs of German Accelerator. They will spend time in the US in either Silicon Valley or New-York, leverage the GA network and scale their products in US market.
We would like to point out our interview with Andy Goldstein, the CEO of German Accelerator and surely we bring you interviews with some of the US-bound startups: