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Varengold Bank opens fintech hub in Berlin

Source: Varengold Bank

The figures speak for themselves: 1 in 3 finance start-ups that are founded in Germany have their head office in the capital.

There are now more fintechs in Berlin than in Munich, Frankfurt and Hamburg put together. Hamburg-based Varengold Bank AG, which has placed its strategic focus on fintech financing - and primarily online credit platforms - since 2015, is acknowledging this fact by opening its FinTech Hub in Berlin in the near future.

Frank Otten, member of the Board of Managing Directors, explains the decision behind the fourth Varengold location after Hamburg, London and Sofia: ‘Among our core values, ‘customer-centric’ is the most important. The new FinTech Hub will add value for our current customers in Berlin because we can provide them with even better service than before. In addition, we will be able to strengthen our ties to potential customers by immersing ourselves more deeply into Germany’s most exciting fintech scene.’

The search for a suitable candidate to head up the FinTech Hub Berlin (m/f/d) is currently well underway. Candidates with experience in both traditional banking business and the fintech ecosystem stand the best chance of securing this position.

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