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Sunday, December 08, 2024
Bastian Krautwald | deineStudienfinanzierung, | FinTech Finance
Bastian Krautwald  has been pursuing the vision of completely changing banking for his generation since he was a student. Growing up in Magdeburg, he moved to Berlin for a dual degree in finance and then worked as a bank advisor. His initial plan was to create a digital all-rounder bank advisor; everything from accounts to financial education to investment recommendations would be combined into one platform. But before that is possible, Bastian Krautwald realized that it is necessary to understand a special customer group significantly more specific first and he founded deineStudienfinanzierung in 2018, at the age of 21. The platform simplifies dealing with BAföG, education funds and student loans and served over 200,000 students and brokered 80% of student loans in Germany during the COVID-crisis, been profitable since 2020. In May 2021, Krautwald founded OWWN (formerly wajve). With his team, he analyzed the customer group they had built through deineStudienfinanzierung and determined what Generation Z needs and expects from a bank. As early as June 2021, they were able to raise five million euros in a first round of financing [from EQT ventures, 468 and OMR].” - according to Forbes.

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