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:
Today we bring you an interview from one of the social startups from the Social Impact Lab Frankfurt. We talk to Luca from MEJO!, a web application, which applies data science to help patients cope with their diabetes. MEJO officially launches Nov 28th, but has already more than 6.000 registered users. Currently there are estimated to be more than 30 mn people with diabetes in the Spanish speaking countries and MEJO aims to help those people, as well as their care takers.
As of now there is a lot of medical data (e.g. blood pressure) available for the condition, but not much behavioral data, which is the big advantage of MEJO, since they try to use exactly this data. Tune in to learn more!
Wohoooooo! The first recognition for our English podcast Startuprad.io. Lately, our German channel was doing well. Now the English one is picking up speed as well. We have been the only podcast from Germany listed in EU-Startups.com’s list of “14 entrepreneurship podcasts worth listening to” http://ow.ly/2pI1305Jbe1
We had the first English version of our format www.startupcouch.tv last week. We had a live discussion, which we streamed in YouTube and Periscope. We discussed Robo Advisory with founders, bankers and consultants and more than 100 live guests with our friends from the Fintech Meetup Frankfurt.
European tech funding dropped 17% to 3.4 billion in Q3 2016 compared year on year. Also in the numbers are included Israel and Turkey. Notably, investments are down in two very important countries, namely Germany and UK. On the other hand, France was doing quite well. The decline of activity in the UK may be attributed to Brexit. In Germany Rocket Internet is not as active as they used to be https://t.co/blDXfneh1f
We did attend the ceremony of German Accelerator Program, here in Frankfurt where the startups have been announced, which will be taken to the US (New York and the Valley) with the program. We will bring you interviews from there of course. Also there CEO Andy Goldstein from the German Accelerator said “Frankfurt is pretty much the center for FinTech startups in Germany” pic.twitter.com/ubyeZ5RAu1
FRANKFURT WOMEN IN FINTECH
Frankfurt Women in Fintech has now had its second monthly meeting. The group has grown to 130 members since September. It was founded to help bring more women into the Fintech startup scene, as employees and founders. https://www.meetup.com/Frankfurt-Women-in-FinTech/
Rocket internet’s Wimdu and 9Flats merge to compete with airbnb – Let’s see if there is still “room” for them. Recently both have been under pressure lately since Airbnb is far ahead of them https://t.co/FFn1UTInK6
A pioneer room broker from Germany Gloveler (founded 2009), a kind of Airbnb or couch surfing – ends in insolvency https://t.co/P9zA617MRp
German authorities ask Tesla to stop using misleading Autopilot term in its ads. The response of Tesla remains unclear till now. Let’s see. We will keep you up to date https://t,co/vL47YBbmAYhttps://t,co/MtAOol8XbC
The Berlin-based Music Maker JAM is doing quite well, we found. They have now hits 1.5 million registered members and plan to hit 3 million by end of 2016 – Did you know this startup before? https://t.co/Xst0hKgRy4
Fintech is hot now in Germany:
German Startups Group invests in FinTech de. The new startup of ousted Kreditech founder Sebastian Diemer. The startup offers factoring solutions for freelancers, self-employed entrepreneurs as well as small and medium-sized enterprises. https://t.co/znCg0LB1iw
More FinTech: German FinTech Smava raises $34 million. Smava has been around for some almost 10 years now. It offers a credit comparison business https://t.co/mvAN66NI4Y
The deposit marketplace startup Raisin (which brokers bank deposits in Europe) has reached more than 1.7 bn € in invested volume https://t.co/Gv6A5JlVvT
Gründerszene has a long story on Michael Gastauer, founder FinTech WB21, which he wants to IPO in 2020. Now he claims a valuation of 2.2 bn US$. Now Gründerszene did its homework and found systematic fraud in the past of the founder, spanning London, Switzerland, Singapore and the British Virgin Islands. The swiss courts documents available to Gründerszene show illigeal gun ownership, a traffic accident with an injured police officer and fraud (involving his company G&S), for which he was sentenced to 18 month. He claims to have founded Apax Global Payment and sold it to a malayan company for 480 mn US$, where in the annual report of the acquirer no hint can be found. http://www.gruenderszene.de/allgemein/michael-gastauer-wb21-betrug-steuerhinterziehung-urteil-betrueger
In ecommerce in Germany there are depressing news for the locals. Since the Amazon platform is pulling ahead of it’s competition. According to the blog Netzoekonom Amazon generates in Germany 9.4 bn € in revenues, excluding the sales of its platform. With the platform it is even as high as 19.4 bn €. The closest local competitor Otto.de (a former catalogue retailer) is dragging along with 3.1 bn € in revenue, followed by Rocket Internet’s Zalando with 1.2 bn € https://t.co/8EoKPYxwK0
Crowdfunding insolvencies have been collected by Deutsche Startups. They include
* Returbo – 1.088.050 Euro
* Tollabox – 600.000 Euro
* Vibewrite – 560.250 Euro
* foodieSquare – 530.000 Euro
* Paymey – 400.000 Euro
* Twinkind – 350.000 Euro loss for the crowd and 500.000 for a business angel
In this interview Joern interviews Stefan. Stefan is one of the co-founders of the startup Alyne. Alyne is also in the first batch of the program of Accelerator Frankfurt.
Alyne is a regtech (regulatory technology) startup. They offer to handle cybersecurity, regulatory and compliance for their clients. We got curious, when several big websites went down recently in an attack. In the light of these recent Denial of Service (DDoS) attacks with IoT devices, we ask Stefan what happened and what a startup could do to lower their cybersecurity risks.
In the next three series of roadshow podcasts we’re sharing highlights of Munich’s top startup event – Bits & Pretzels 2016. This year events’ talk lineup was fantastic – Kevin Spacey, Richard Branson, founders of Evernote, Airbnb, Home24, Runtastic, Youporn and many other renowned speakers. Besides highlights in each podcast we have a chance to share with our listeners a bunch of pitches of the most buzzing startups from Bits & Pretzels. In this podcast our blitz-interview guest is Mitchell Baker Executive Chairwoman of Mozilla Foundation discussing her keynote: “data as a new oxygen for startups” and startup pitches from Parquery, CollectAI, 4tiitoo.