Tag: Germany

Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.

Berlin-based banking deposit marketplace Raisin has closed ?30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.

Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.

Blockchain-based investment platform Neufund has raised ?2m in a Seed round of funding. The investment comes from Atlantic Labs and angel investors.

Bitcoin-based nanopayments solution SatoshiPay has raised £700,000 in a new round led by Blue Star Capital.

German crowdfunding platform Kapilendo has raised ?7m in a Series B round of funding led by the pension fund for the Berlin Chamber of Dentists.

Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.

Digital media-focused invoice financing startup BillFront has picked up $35m in a Series A round from 4finance, NIBC Bank Deutschland and FinLeap.

Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.

German wealth management startup Cashboard has raised €3m in a Series A round led by Digital Space Ventures. Investment also came from existing backers.