Wolves Summit News

German fintech Xaver secures €5M pre-seed funding; unveils B2B AI platform to tackle pension gap

Written by WS Team | Mar 25, 2024 11:02:18 AM

Germany-based Xaver, a fintech startup, has introduced its B2B AI platform for life insurance and
private pensions as well as secured €5M in a pre-seed round of funding. Xaver claims that this
round is Europe’s largest fintech pre-seed funding of 2024 to date.


The German fintech platform empowers banks, insurers, and brokers to enhance operational and
sales efficiency by up to 65 per cent through AI utilisation and innovative private pension products,
aiming to address Europe’s pension gap.


Additional investors include several former C-level executives from banks and insurers, such as
Martin Blessing (Commerzbank, UBS), Thomas Münkel (Allianz Group, UNIQA), and Matthias
Setzer (Meta, PayPal). 


Founders including Julian Teicke (Wefox), Raffaele Terrone (Scalapay), Felix Ohswald
(GoStudent), Elmar Broscheit (Gorillas, Macquarie), Michael Wax (Forto), Jessica Holzbach
(Penta/Pile), Tushar Ahluwalia (Razor Group), and Christian Reber (Pitch, Superlist), as well as
Mario Götze, are also among the investors. 

https://siliconcanals.com/crowdfunding/xaver-secures-5m/

 

 

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