Klarna to acquire German payments company BillPay for reported £60 million

Swedish e-commerce payments company Klarna is acquiring Germany’s BillPay. Sky News is reporting the deal is worth £60 million. The UK’s Wonga had owned BillPay, another online payments company which operated in Austria, Germany, Switzerland and the Netherlands. “Germany is one of the largest e-commerce markets in the world, and we are delighted to have […]

Raisin secures €30 million in Series C funding round

German deposit marketplace Raisin has raised €30 million in a Series C round led by New York fund Thrive Capital with participation from Ribbit Capital and Index Ventures. Raisin will invest the funds back into the product and its ongoing internationalisation by launching in Italy soon. It recently launched in Spain, bringing its reach to […]