Gender investment gap: less capital for female startup founders
The study by FMF member Ernst & Young entitled “Gender Investment Gap: Female startup founders receive much less money than men” shows that only 5% of the startups funded in 2023 had all-female founding teams, which received only 2% of the capital. This underlines the urgent need to promote equal opportunities in startup funding.
Metzler: Banking Legacy in Frankfurt for 350 Years
From the cloth trade to a 350-year-old private bank. This is the theme of an exhibition at the Historical Museum in Frankfurt am Main to mark the anniversary of Bankhaus Metzler. Metzler is Germany’s oldest bank in uninterrupted family ownership and has had its headquarters in the financial center of Frankfurt since it was founded in 1674.
Increased investment in cyber security required
Security is at the heart of innovation: in the face of rising cyber risks, companies around the world are increasing their investments in cybersecurity. Geopolitical uncertainties, regulatory developments and financial losses caused by cyber attacks are driving budgets in the German market by at least 5%.
Fincite WealthTech Radar 2024
In the second edition of the WealthTech Radar, 24 market experts provide an in-depth analysis of the most important investment and technology trends in wealth management.
DVFA Investment Professionals on monetary policy: ECB lets Fed lead the way with interest rate cut
On February 13, 2024, the DVFA Investment Professionals’ assessment was published, indicating that almost two-thirds of them expect the ECB to follow the Fed’s rate cut path at the end of 2024, with the deposit rate at 3.5% or below.
Offenbach Economic Development presents annual report 2023
Economic development in Offenbach am Main continues to make progress even in challenging times. The 2023 annual report from the city’s economic development agency shows how progress is being made at the location in concrete terms.
Not just for FinTechs – start-up scholarship from the state of Hesse
From 1 February to 1 March 2024, all start-ups in Hesse that are no more than 5 years old can apply for the scholarship push!.
Bundesbank calls for networking of players in the financial centre
The financial centre Frankfurt has a special responsibility in financing the transformation of the economy. This is why Bundesbank board member Sabine Mauderer is calling for closer networking between the players.
3 Questions to Corinna Egerer, Founder and Managing Director of Frankfurt Digital Finance
Corinna Egerer and Max Hunzinger co-founded Frankfurt Digital Finance in 2019. Since then, the conference has developed into one of the leading events in the Frankfurt financial center and does not only have national but also international appeal. We spoke to the founder about the journey there and the upcoming conference.
Artificial intelligence is gaining ground in the digitalisation of accounting – but still holds a lot of potential
The PwC study “Digitalisation in Finance and Accounting 2023” shows that almost 60 per cent of the companies surveyed are currently driving forward a comprehensive transformation of their finance function. Staff shortages and regulatory requirements are putting increasing pressure on the integration of technologies. Interestingly, just under 20 per cent of respondents stated that they would allow complete data extraction as part of the audit.