Ride Capital: Raises €3M in Funding

Ride Capital Raises €3M in Funding

  • Ride Capital, a Berlin, Germany-based fintech startup, raised €3m in funding
  • Backers included Lea-Sophie Cramer, Verena Pausder, and angel investor and professional football player Mario Götze
  • The company, which has raised a total of €8m since its foundation, intends to use the funding to accelerate its growth and become a digital private bank
  • RideCapital develops software and platform solutions in the field of wealth structuring for private investors
  • With services such as wealth structuring, provision of a tax advisor platform, and automated securities booking, the company has taken the initial steps towards becoming a digital private bank
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...