The Finanzplatz Hamburg e.V. has launched www.fintech-hamburg.com to provide more information about firms shaking up the established financial and insurance sector with digital solutions. The website went online during Fintech Week Hamburg underway until Sunday (November 12, 2017) thanks to 120 members of Hamburg’s financial sector. The website will help forge closer links between the established and digital economy in Hamburg.
New digital home for fintech start-ups
Commenting on the move, Dr. Reiner Brüggestrat, Deputy Chair of Finanzplatz Hamburg e.V., said: “The new internet portal gives fintechs in Hamburg a new digital home where they can present themselves and connect up with each other.” The “Fintech Monitor”, for instance, provides an overview of fintechs and their respective portfolios. Clas Beese, manager of the online platform and co-founder of Fintech Week, helps fintech make contacts and seal collaborations among each other and with the established financial sector. The “Fintech Hamburg Monthly Newsletter” gives an overview of key events and news in the scene.
Study – Hamburg’s fintechs among Germany’s top five
The network to boost Hamburg as a fintech location is more important than ever, a recent study by comdirect bank AG has found. Germany has some 700 fintechs at present and their numbers are rising. Hamburg ranks third in terms of the amount, new start-ups and investments. Notably, fintechs in Hamburg receive more venture capital than in Munich, Düsseldorf or Frankfurt am Main. Arno Walter, CEO of comdirect, said: “It comes as no surprise that fintechs in Hamburg get so much money for their ideas. Some of the biggest fintechs are based in the Hanseatic city.“