Frankfurt seeks to win over FinTech whizzkids


  • TECH
  • Monday, 29 Feb 2016

(FILES) A photo taken on December 2, 2014 shows a sculpture featuring the Euro logo in front of the European Central Bank (ECB) building in Frankfurt am Main, western Germany. The European Central Bank, in addition to the many monetary policy challenge it faces in 2015, will see some major changes in the way it is run next year. With the arrival of Lithuania as the eurozone's 19th member state, a new voting system will come into operation on the ECB's policy-setting governing council. Another major overhaul will be the rhythm of the ECB's policy meetings, as the governing council will meet every six weeks, instead of once a month. AFP PHOTO / DANIEL ROLAND

FRANKFURT: As Germany’s banking capital, Frankfurt has long established itself as one of Europe’s leading financial hubs. 

But the city, which has a rather staid and strait-laced image, is now vying with hipper and trendier centres around Europe to woo financial startups known as FinTechs which want to revolutionise the way the world of money does business. 

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