Ramin Niroumand, founder of several fintech firms, plans to breathe life into a former Berliner Bank office block. Fintech enterprises are using software to create radically new services, so that they can lure customers away from traditional banks.
Speculation over a potential exodus from Europe's Fintech capital remains rife. Some firms are scoping out the alternatives, others are sticking to the mantra "keep calm and carry on," reports Sarah Bradbury from London.
Germany’s banking sector has lost further ground in comparison to its international rivals, a market survey by Bain & Company has found. No other banking industry logs lower growth and a lower return on equity.
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