The latest funding round is led by global investors, including the German SIGNAL IDUNA group, the SBI Group from Japan, the Dutch NIBC Bank and Hannover Re. 

The reinsurer Hannover Re as a big institutional investor increased its share in the funding round. 

So far, FinLeap has launched twelve fintech ventures and is active in about ten European countries. The company builder claims to have established itself in Europe as a major fintech platform. 

FinLeap allows participation of third parties  in its ecosystem, which includes company builder and its ventures.

Its ecosystem includes, FinReach, which offers among others a solution for switching bank accounts; PAIR Finance, a solution for digital debt management; Clark, a digital insurance broker; and solarisBank, a digital platform with a full German banking license.

FinLeap has also announced relocating its headquarters from Berlin-Mitte to Charlottenburg. The new office serve as a campus for FinLeap as well as the official hub for fintech.

Besides, Germany’s Federal Ministry for Economics Affairs and Energy has selected FinLeap, as a part of its Digital Hub Initiative in a national tender.

FinLeap co-founder and CEO Ramin Niroumand said: “We are glad to hold the trust of even more institutional investors. 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. Both effects are valuable components for the development of complex fintech businesses.”

Founded in Berlin in 2014 by HitFox Group and Ramin Niroumand, FinLeap serially develops fintech companies, supporting them with infrastructure and guiding their growth.  

NIBC Bank CEO Paulus de Wilt said: “Entrepreneurship and inventiveness are core values in our organization and we are proud of becoming a strategic partner to FinLeap. With its unique ecosystem of FinTech ventures, FinLeap is at the forefront of innovation in the digital age of finance.

“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. The partnership between NIBC and FinLeap will pave the way towards interesting areas of cooperation, both in Germany and internationally.”

Image: FinLeap will relocate its headquarters from Berlin-Mitte to Charlottenburg. Photo courtesy of bluebay/FreeDigitalPhotos.net