When fintech got its start in Germany Fintech in Germany can be traced back to the early 2000s when established banks were focused on transitioning from counter banking to direct banking. Leaders of this movement included Deutsche Bank (Deutsche Bank 24), Commerzbank (comdirect) and Frankfurter Sparkasse (1822direkt). What makes Germany ideal for fintechs Germany has…
Boasting a mature technology market and a successful healthcare system with at least 90% of their population insured, international healthtech startups are moving full steam ahead in Europe’s largest healthcare market. Digital health products have seen tremendous growth in Germany in recent years, where over 270 digital health technology businesses and 177 telemedicine projects are being…
The holiday weeks sure did fly by in a blur. But, while most businesses have taken their foot off the gas before the holiday season, these four Singapore-based startups, have joined Scaler8 Explore to stay ahead of the curve as they headlong into the new year to unlock 2022 market opportunities in Germany. Scaler8 Explore is…
German Economy 2021: Q4 Forecasts & Insights 2020 saw the German GDP enter a slump in the midst of the worldwide Coronavirus crisis. After a historic 9.7% drop in GDP in the second quarter of 2020, the German economy slowly recovered with an 8.5% positive jump over the summer, but that progress was snuffed out due…
As the largest domestic market in Europe and ranked the world’s 4th most innovative nation in Bloomberg’s 2021 Innovation Index, Germany stands as one of the most exciting markets for Asian fintech startups looking to find a foothold in the European market. Boasting a US$3.8T GDP, and a deep domestic and international talent pool, Germany’s…
7 rising Singapore startups in these sectors are exploring the German and wider European market in 2021 What are the top sectors of interest for Singapore’s startups considering the German market? The 7 startups in Scaler8’s current Explore programme offer innovative solutions in the eCommerce, Fintech, Industry 4.0, and Logistics and Mobility sectors, and are…
Learn about the numerous opportunities Bavaria, Frankfurt, and Berlin have to offer for international startups. Germany has 16 Bundesländer, or Federal States, with Munich, Stuttgart, and Dusseldorf being some of the most known state capital cities. Despite the moderate size of the country, not every region is the same, e.g. in terms of industry focus and…
Singapore, 16 March 2021 – TeleMedC, a Singaporean startup providing low-cost diagnostic solutions for point-of-care screening and virtual management of eye and chronic diseases, recently established a research and development (R&D) partnership with the Department of Ophthalmology at the University Medical Center Hamburg-Eppendorf (UKE) in Hamburg, Germany. This partnership was enabled and facilitated by Scaler8, a market expansion strategy partner…
With Singapore and Germany being world-leading logistics nations, Scaler8 recently signed a partnership with the Digital Hub Logistics Hamburg to unlock more market opportunities for Singaporean startups in the areas of logistics, supply chain, maritime, and mobility. Learn about opportunities for logistics startups in the German market, and how startups can get connected with local…
It’s no secret that smart technology continues to revolutionise the way we live, work, and play. The internet-of-things (IoT) has come a long way in recent years, with seemingly limitless applications for both consumer and industry, from the latest wearables and smart home devices to large-scale smart city applications like smart grid management and manufacturing….
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