How Cloud-Based ERP Transforms Startups: Insights with Weclapp’s Ertan Özdil

Welcome to Startuprad.io's 10th Annual Fintech Review, where we dive deep into the trends, challenges, and opportunities defining fintech in 2024. In this special milestone episode, we reflect on a decade of fintech evolution while offering fresh insights into the latest developments driving the industry forward. This year, fintech faces a dynamic landscape marked by economic pressures, groundbreaking AI advancements, and increasing regulatory demands. Our expert panel shares their predictions, strategies, and lessons learned to help fintech startups, investors, and enthusiasts navigate the challenges and opportunities ahead. 🌟 What’s Inside This Episode?Biggest Challenges for Fintech in 2024: How high-interest rates and reduced funding opportunities are reshaping the industry. Strategies for operational streamlining and achieving profitability amidst tightening investor demands. AI and Machine Learning Revolutionizing Finance: AI-powered chatbots and predictive engagement redefining customer experiences. Insights into generative AI's role in credit scoring and operational efficiency. The Regulatory Landscape: Understanding the impact of DORA and the European AI Act on fintech innovation. Why compliance is now a driver for creativity and growth in financial technology. Competing with Traditional Financial Institutions: SME banking as a significant untapped market for fintechs. How collaborations between startups and banks are reshaping the competitive landscape. Decentralized Finance (DeFi) and Blockchain: Tokenization of illiquid assets and its potential to transform traditional financial models. Real-world applications of blockchain in creating transparency and reducing costs. 🎙️ Meet Our Expert Guests:Paolo Sironi: Global Research Leader and Banking Expert "Regulation can drive innovation when transparency and accountability are prioritized." Frank Schwab: Co-Founder of Fintech Forum "Simplicity is a competitive edge in a world of overengineering." Luca Frignani: CEO of Exaloan "AI's predictive engagement is reshaping customer relationships and driving operational efficiency." Ressources:Original Blog Post: https://www.startuprad.io/blog/fintech-review-2024-navigating-trends-and-innovations-in-startups Work with Us: https://www.startuprad.io/become-a-partner Subscribe for More Episodes: https://linktr.ee/startupradio Feedback Form: https://forms.gle/SrcGUpycu26fvMFE9 Special Offer: Create two free SEO-optimized blog posts with ModernIQs.com Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

Welcome to Startup News Roundup: December 2024 Highlights & Key Insights, where we dive deep into the vibrant world of startups across Germany, Austria, and Switzerland. This episode delivers a comprehensive look at the latest developments, highlighting the most impactful stories, trends, and investments shaping the startup landscape. What’s Inside?Top News Stories: Black Forest Lab's Billion-Dollar Valuation: Discover how this Karlsruhe-based AI innovator is revolutionizing the global tech scene. Upvest’s €100 Million Investment Round: Learn why this fintech powerhouse is Germany's largest funding success story in 2024. Wefox's Resilience: Insights into the Berlin-based insurtech’s survival strategy amid challenging market conditions. Emerging Trends: The rise of green tech startups with groundbreaking solutions like carbon-to-bioplastics conversion. The continued growth of AI-driven enterprises and their pivotal role in transforming Europe’s economic landscape. Pan-European startup initiatives fostering cross-border innovation and regulatory harmonization. Funding and Investments: A total of €2.5 billion in new funding raised across the region this month, including major contributions from Northvolt and focused energy startups. New VC funds worth over €1 billion, setting the stage for continued innovation in 2025. Regional Spotlights: Germany: Success stories from Berlin, Munich, and Frankfurt startups paving the way for the next unicorns. Austria: Rising stars like Wood_Space securing 8-figure investments for sustainable building solutions. Switzerland: Groundbreaking biotech partnerships, including a $300 million agreement by Cimeio. Exclusive Insights:Hear from Jörn “Joe” Menninger and Christian “Chris” Fahrenbach as they analyze the biggest stories and provide expert commentary on what these developments mean for entrepreneurs, investors, and the broader startup ecosystem. Resources:Original Blog Post Work With Us Subscribe to Startuprad.io Leave Feedback Call to Action:Stay ahead of the curve by subscribing to Startup News Roundup on Spotify and your favorite podcast platforms. Don’t forget to leave a review and share your thoughts on social media to join the conversation! Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

In this episode of Startuprad.io, we explore how AI tone-of-voice recognition is revolutionizing industries like education and startups. Our guest, Daniel Iglesias, CEO and Founder of Digi-Sapiens, shares insights into their groundbreaking technology that analyzes not just what is said but how it’s said. Revolutionizing Communication with AIWhat if your startup could decode emotional tones, improve communication, and deliver personalized user experiences? That’s exactly what AI tone-of-voice recognition brings to the table. Whether you’re a startup founder, investor, or tech enthusiast, this episode will open your eyes to the endless possibilities of this cutting-edge technology. Key Topics Covered:The Tech Behind AI Tone-of-Voice Recognition: How Digi-Sapiens’ tools go beyond traditional speech recognition by focusing on tone, cadence, and emotion. Transforming Education: Learn about Laletu, a reading tutor powered by Digi-Sapiens, which supports students by evaluating their fluency and comprehension levels through tone-of-voice analysis. Real-World Applications for Startups: Discover how startups can leverage this technology to enhance customer interactions, train employees, and even develop personalized learning tools. Challenges and Opportunities: Daniel shares insights into navigating ethical considerations, overcoming biases in AI, and scaling this technology for global markets. Notable Insights:80% of communication is non-verbal \u2013 Tone matters more than you think! Digi-Sapiens’ technology helps address declining reading proficiency among students, providing tools that adapt to individual learners. Learn why Digi-Sapiens was crowned Startup of the Year 2024 by Frankfurt Forward, a testament to their innovation and social impact. Guest Spotlight: Daniel IglesiasWith a background in banking and technology consulting, Daniel took a bold step in 2020 to create Digi-Sapiens. His passion for education and social impact drove the development of AI-powered tools that are making a difference in schools and startups worldwide. Why This Episode Matters:This episode isn’t just about AI \u2013 it’s about using technology to solve real-world problems. Whether you’re an educator, a founder looking to optimize team dynamics, or an investor scouting the next big innovation, you’ll walk away with actionable insights. Episode Links:More About Digi-Sapiens Startuprad.io Blog Call to Action:Enjoyed the episode? Don’t forget to subscribe to Startuprad.io on your favorite podcasting platform, leave a review, and share this episode with your network! Follow us on social media and let us know your thoughts using #StartupradioAI. Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

Are you ready to revolutionize how your startup or SME operates? This episode of Startuprad.io is your ultimate guide to understanding the transformative potential of cloud-based ERP systems. Join host Jörn 'Joe' Menninger as he sits down with Ertan Özdil, the CEO and Founder of Weclapp, to explore how this cutting-edge technology empowers startups to scale efficiently, streamline operations, and stay competitive in a fast-evolving market. What’s in This Episode:Weclapp’s Inspiring Journey: Discover how Ertan turned a groundbreaking idea into one of Europe’s leading ERP providers for small and medium businesses. Learn how Weclapp's innovative platform democratizes ERP software, making it accessible to startups and SMEs worldwide. Why Cloud-Based ERP is a Game-Changer: Gain actionable insights into how ERP solutions enable startups to integrate inventory management, customer relationships, and financial processes seamlessly into one platform. The Road to Scaling Success: Ertan shares candid stories of scaling Weclapp, from burning cash during the development phase to achieving a two-digit million-euro revenue milestone. He also discusses the challenges of calling off an IPO and how those lessons shaped the company’s future. The Role of Culture and Vision: Learn why company culture is the backbone of a scalable business and how staying true to your vision is critical for long-term success. The Future of ERP Systems: Dive into emerging trends like AI integration, predictive analytics, and mobile-first ERP strategies that are redefining the industry. Episode Stats & Insights:87% of startup failures are linked to poor operations management. This episode offers solutions to avoid that fate. The global ERP market is projected to reach $71.6 billion by 2026. Learn how startups can tap into this massive opportunity. Episode Links:Watch the Video Interview on YouTube: https://youtu.be/nCHjj7X9EqU Subscribe on Apple Podcasts: https://podcasts.apple.com/de/podcast/startuprad-io-the-authority-on-german-swiss-and/id967788304 Listen on Spotify: https://open.spotify.com/show/3etgUOz5KWKycYHsvQv1yG Work with Us: https://www.startuprad.io/become-a-partner Subscribe to Our Channels: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Follow the Editor in Chief on LinkedIn: http://www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=joernmenninger

🚗 Sustainability Meets Innovation in the World of Electric Vehicles! In this compelling episode of Startuprad.io, host Jörn "Joe" Menninger sits down with Alexander Sohl, the visionary CEO and founder of Me Energy, to discuss how his company is changing the game for electric vehicle (EV) infrastructure. If you’ve ever wondered about the future of sustainable mobility and the challenges of EV adoption, this episode is a must-listen. What You'll Learn in This Episode:The Breakthrough Innovation: Discover how Me Energy’s bioethanol-powered fast chargers deliver off-grid EV charging solutions, making EV adoption feasible in remote and urban areas alike. The Entrepreneurial Journey: Hear Alexander’s inspiring story, from his early days in engineering to founding a company that overcomes grid constraints with renewable energy. Overcoming Adversity: Learn how Me Energy navigated the turbulent waters of insolvency in 2024, emerging stronger and more focused on sustainable growth. The Role of ESG in E-Mobility: Understand how environmental, social, and governance (ESG) principles shape the EV industry and why sustainability is non-negotiable for companies like Me Energy. Global Expansion Plans: With a newly secured investor, Me Energy is poised to expand into the US and Southeast Asia, revolutionizing EV infrastructure on a global scale. Notable Highlights:Alexander’s Eureka Moment: The frustration of a power-starved charging station during a test drive in the Swabian Alps inspired the idea for Me Energy’s off-grid solution. Chancellor Olaf Scholz’s Visit: A personal endorsement from Germany’s Chancellor brought significant visibility and momentum to the company. Practical Applications: Major corporations like Mercedes-Benz and logistics firms are already leveraging Me Energy’s solutions to meet ESG compliance and reduce carbon footprints. Why This Episode Matters:The EV revolution is here, but without innovative solutions to address infrastructure challenges, widespread adoption could stall. Me Energy is tackling these challenges head-on with scalable, eco-friendly technology that aligns with the needs of businesses, governments, and consumers. Alexander also shares valuable insights for aspiring entrepreneurs, offering practical advice on building resilient startups in heavily regulated industries. Episode Links:🌐 Me Energy Official Website: https://me.energy 📖 Read Related Blogs: https://www.startuprad.io/blog/ 🎙️ Explore More Episodes: https://www.startuprad.io/episodes Call to Action:🌟 Loved this episode? Don’t forget to follow, rate, and review the podcast on Spotify! Share your thoughts on social media using #Startupradio and #SustainableMobility. Have a question for Alexander? Leave a comment or tag us on LinkedIn or Twitter to join the conversation! Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

This November, the startup ecosystem in Germany, Austria, and Switzerland (DACH region) is abuzz with critical updates that shape the future of technology, entrepreneurship, and innovation. Whether you're a founder, investor, or a startup enthusiast, this episode of Startuprad.io delivers everything you need to stay informed. Dive into the latest tech news, explore major funding milestones, and uncover the challenges impacting the region’s most innovative startups. What’s in This Episode?1️⃣ Germany: Startups Facing Turbulent Times Lilium, the German air-taxi pioneer, faces insolvency due to funding struggles and regulatory hurdles. Volocopter secures government support and appoints a new CFO, showing resilience in the eVTOL sector. Munich is rising as a European hub for investor education, solidifying its role in fostering startup growth. 2️⃣ Austria: Triumphs Amidst Challenges Vienna’s Cubicure achieves a €79M exit, marking a major milestone in deep tech innovation. Crypto unicorn Bitpanda plans a Frankfurt IPO, emphasizing Austria’s growing influence in fintech. The Green Startup Center launches, championing sustainable innovation and entrepreneurship. 3️⃣ Switzerland: Big Wins in Funding Swiss startups continue to lead in fintech and health tech, securing major investments and reinforcing Switzerland’s high-tech reputation. 4️⃣ European Tech Trends Atomico’s “State of European Tech 2024” reveals Europe’s dominance in early-stage startups, now hosting over 35,000—a fourfold increase in the last decade. Cities like Berlin, Vienna, and London are emerging as global leaders in innovation and technology startups. Why Listen to This Episode?This episode offers a comprehensive snapshot of the startup world in the DACH region, helping you stay ahead of trends, funding opportunities, and regulatory impacts. Whether you’re exploring investment opportunities or seeking inspiration, we’ve got you covered with actionable insights and expert perspectives. Links to Explore More:Original Blog Post: https://www.startuprad.io/blog/startup-news-november-2024-highlights-from-germany-austria-and-switzerland Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Feedback Form: https://forms.gle/SrcGUpycu26fvMFE9 Special Offer from ModernIQs: https://moderniqs.com/create-an-account/?res_aff=startupradio Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

In this episode of Startuprad.io, we dive into the world of energy informatics with Dr. Niklas Panten, CEO and Co-Founder of Etalytics, a cutting-edge startup transforming how industries approach energy efficiency. Etalytics leverages AI-driven solutions to tackle rising energy costs, meet sustainability goals, and enhance operational efficiency for sectors like data centers, pharma, and automotive. What You’ll Learn: The Story of Etalytics: Discover how this innovative company emerged from groundbreaking research at the Technical University of Darmstadt to become a leader in energy optimization. AI-Powered Tools: Learn about Etalytics’ flagship products—EtaOne, EtaEdge, and EtaMind—and how they work together to deliver seamless, data-driven energy solutions. Industry Impact: Understand how Etalytics helps industries like data centers reduce their environmental footprint, achieve regulatory compliance, and stay competitive in the face of rising energy demands. Challenges and Growth: Hear about the hurdles Etalytics faced during its journey, from launching during the COVID-19 pandemic to scaling its operations and maintaining company culture. Key Topics Covered: The rising demand for energy-efficient solutions in industries heavily reliant on power. How Etalytics leverages machine learning and AI to solve complex energy management problems. The significance of sustainable energy practices in today’s regulatory and economic environment. Etalytics’ plans to grow its team from 50 to 120 employees and expand into markets like the U.S., UK, and Asia. Who Should Listen: This episode is perfect for startup founders, sustainability advocates, tech enthusiasts, and industry leaders looking to stay ahead in the fast-evolving world of energy management. Whether you’re curious about AI applications in industrial settings or want insights into building a successful startup, this episode is packed with actionable takeaways. Links to Explore Further: Original Blog Post: https://www.startuprad.io/blog/etalytics-transforming-energy-management-with-ai-solutions Work with us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Follow the Editor-in-Chief: http://www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=joernmenninger Special Offer: Get two free SEO-optimized blog posts with ModernIQs! https://moderniqs.com/create-an-account/?res_aff=startupradio Call to Action: Don’t forget to follow Startuprad.io on Spotify and share this episode with friends and colleagues interested in AI, energy, and innovation. Got feedback? Let us know at https://forms.gle/SrcGUpycu26fvMFE9. Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

Join Startuprad.io, the authority on the DACH region’s vibrant startup ecosystem, for an exclusive interview with Karl Stoklosa, CEO of PRECISIS, a healthcare startup revolutionizing epilepsy treatment through cutting-edge technology. In this episode, we explore how PRECISIS is leveraging its groundbreaking EASI System—the world’s first minimally invasive brain pacemaker—to improve the lives of epilepsy patients worldwide. What You’ll Learn in This Episode:Karl Stoklosa’s Leadership Journey: From an Executive MBA at the University of Chicago Booth School to leading a disruptive healthcare startup, Karl shares insights into his 20+ years of experience in the medical device industry, spanning roles in neuromodulation, cardiac rhythm management, and global healthcare marketing. The Global Epilepsy Challenge: With 50 million epilepsy patients worldwide and 30% classified as drug-resistant, the need for innovative solutions is critical. Discover how PRECISIS is addressing this gap with the EASI System, providing safer, more effective alternatives to invasive surgeries and medications. The EASI System’s Impact: Learn about this state-of-the-art neuromodulation device, its minimally invasive design, and its ability to reduce seizures by 50% or more for most patients. With features like manual stimulation for oncoming seizures and MRI compatibility, the EASI System sets a new standard in epilepsy care. PRECISIS’ European Success: PRECISIS has achieved market approval in key European countries, including Germany, Austria, Switzerland, the UK, and Portugal, and is scaling its commercial operations. Expansion into the U.S. Market: With FDA breakthrough designation, PRECISIS is preparing for clinical trials in the U.S., showcasing its ambition to become a global leader in medical device innovation. Call to Action:Love what you hear? Share this episode, leave us a review, and subscribe to Startuprad.io to stay updated on the latest from the startup ecosystem in Germany, Austria, Switzerland, and beyond! Explore:Original Blog Post: https://www.startuprad.io/blog/innovating-epilepsy-treatment-with-precisis-a-healthcare-startup-revolutionizing-technology Work With Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Follow the Editor-in-Chief: Jörn Menninger on LinkedIn Special Offer: Startuprad.io listeners can create two free SEO-optimized blog posts per month with ModernIQs.com. Sign up now to claim this exclusive deal! Interested in Working with us? Have a look here: https://www.startuprad.io/become-a-partner Startuprad.io™ - All Rights Reserved

In this episode of Startuprad.io, we delve into the AI Act, the European Union’s pioneering legislation aimed at setting clear and ethical standards for artificial intelligence across all sectors. With compliance deadlines approaching in 2026, the AI Act introduces a structured framework to assess and mitigate the risks posed by AI systems, impacting both established companies and emerging startups. Join our host, Joe Menninger, as he welcomes Andrew Gamino-Cheong, CTO of Trustable, a leading AI governance software company. What You’ll Learn in This Episode:Understanding the AI Act’s Risk-Based Framework The AI Act categorizes AI systems by risk levels—Unacceptable, High, Limited, and Minimal or No Risk. Joe and Andrew break down what these classifications mean for businesses and discuss why certain applications, like real-time biometric surveillance, are banned while others are simply regulated. Transparency and Accountability Requirements Discover why transparency is crucial under the AI Act. From documenting data sources to maintaining thorough audit trails, companies need to be upfront about how AI models are built and used. This episode discusses the new standards of accountability and how businesses can adapt to this framework without stifling innovation. Challenges of AI Compliance and Shared Responsibilities The AI Act’s structure requires both AI developers and deployers to uphold compliance standards. Andrew explains what companies must do to ensure they meet these obligations, including the need for frequent testing and updates to AI models to mitigate risks. What the AI Act Means for Entrepreneurs and Startups Smaller organizations may face significant hurdles in meeting the Act’s requirements, but Andrew shares insights on how startups can turn compliance into a competitive advantage. This episode is packed with tips on implementing AI responsibly, with compliance not only as a requirement but also as a selling point to potential customers and investors. The Global Implications of AI Regulation As the EU takes the lead, other regions are watching closely. The AI Act may serve as a blueprint for future AI laws worldwide, potentially setting a global standard. Joe and Andrew discuss the similarities and differences between the EU’s AI Act and U.S. initiatives, like recent executive orders, and what this means for companies with international operations. Links for More Information:Read the Full Blog Post on This Episode: https://www.startuprad.io/blog/the-ai-act-how-europe-s-new-regulation-shapes-responsible-ai-development Learn More About Working with Us: https://www.startuprad.io/become-a-partner Subscribe to Startuprad.io: https://linktr.ee/startupradio Send Us Your Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Special Offer: Startuprad.io listeners can create two free SEO-optimized blog posts per month with ModernIQs.com! Sign up using this exclusive link: https://moderniqs.com/create-an-account/?res_aff=startupradio (Note: Make sure to subscribe through the link for your free posts.)

Welcome to the October 2024 edition of "This Month in German, Swiss, and Austrian Startups," where we bring you essential insights into the GSA startup ecosystem. Join hosts Jörn “Joe” Menninger and Chris Fahrenbach as they unpack the month’s top stories, from groundbreaking funding rounds to unicorn achievements and major pivots in tech and innovation. Episode Highlights: 1. Lilium’s Financial Struggles and eVTOL Innovation Setbacks This month, the NASDAQ-listed eVTOL pioneer Lilium, based in Germany, navigates financial challenges, pursuing self-administered bankruptcy due to funding constraints. Although recent setbacks impacted its market valuation, Lilium’s story represents the high-stakes reality of aerospace tech, where R&D costs often create financial risk. Discover the unique challenges that innovators in sustainable aviation face and Lilium’s hopes for a future in clean transportation. 2. Egym and Orderfox Join the Unicorn Club In major achievements for the healthtech and AI sectors, German fitness tech company Egym and Swiss AI-driven industrial procurement firm Orderfox each attained unicorn status this October. Egym’s valuation now exceeds $1 billion, fueled by tech advances that position it toward IPO readiness. Orderfox, leveraging AI to optimize industrial processes, underscores the GSA region’s strength in practical, data-driven solutions. Learn how these companies reached new heights and the impact of their technologies on health and industrial sectors. 3. Austria’s Gropyus Secures €100 Million for Sustainable Housing Austrian startup Gropyus made waves with a €100 million investment to expand its modular, timber-hybrid housing production. With a mission to address Europe’s housing crisis through sustainable materials and design, Gropyus embodies the shift toward green construction tech. This investment supports their scalable model of eco-friendly housing solutions, meeting the demands of an evolving market. 4. EU’s Deep Tech Initiative with Trusted Investors Network In a strategic move to elevate Europe’s role in global tech, the European Union launched a deep tech support network, collaborating with over 70 venture capital firms in the Trusted Investors Network. Aiming to close the technology gap with global leaders like the U.S. and China, the EU’s partnership initiative highlights Europe’s vision for advancing fields like AI, biotech, and sustainable energy. 5. SolarisBank’s €178M Loss and Restructuring Efforts German fintech SolarisBank reported a €178 million loss, announcing job cuts and a restructuring to regain profitability. The company’s experience is indicative of the broader European fintech scene, where scaling comes with financial pressures. Discover how Solaris is adapting its strategy in the competitive fintech landscape, aiming to enhance operational efficiency. 📍 Useful Links: Original Blog Post: https://www.startuprad.io/blog/this-month-in-german-swiss-and-austrian-startups-october-2024 Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9