Tag: Germany

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.

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.

German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.

Germany payments and added services company AEVI has closed its Series B round at €30m. The funding comes in the form of a €20m investment from HPE Growth Capital and €10m from Adveq.

German invoice financing startup Bezahlt has picked up €3.5m in funding through a mixture of equity and debt.

German banking app designed for freelance workers Kontist has raised €2m in a new funding round. The capital comes from Danish seed investors Founders and Vækstfonden.

German insurance firm Talanx is forming a joint venture with Berlin-based company builder FinLeap to launch a digital platform for independent asset managers and private banks.