Peter Thiel-backed fintech startup Deposit Solutions sells 5% stake to Deutsche Bank, reportedly at ‘unicorn terms’

Deutsche Bank has acquired a roughly 4.9 percent stake in Hamburg-based fintech startup Deposit Solutions, which counts Peter Thiel, Greycroft, Kinnevik and e.ventures among its earlier backers. Neither company disclosed the exact terms and volume of the investment, but Handelsblatt reported earlier this morning that the deal gives Deposit Solutions a valuation of around €1 […]

Holidu raises €40 million to expand new service for vacation rental owners

Munich-based Holidu announced €40 million of Series C funding to expand its signature software-and-service products for the vacation rental market. The round was led by Prime Ventures, with support from coparion and MairDuMont Ventures. All previous investors participated in the round, as well: EQT Ventures, Venture Stars, Senovo, and Chris Hitchen. Holidu’s first solution for […]

Tech.eu Podcast #130: FlixMobility and Klarna raise a lot of money, used-car marketplaces are hot, e-scooter fishing, interview with Klarna’s Sebastian Siemiatkowski, and more

This week, Natalie Novick and Andrii Degeler discuss fresh funding for Klarna, the “substantial” extension of FlixMobility’s latest round, a startup that makes money by fishing e-scooters out of Seine, the Molengeek project, and much more. The interview of the week is a conversation with Klarna’s Sebastian Siemiatkowski recorded at last year’s TOA conference in Berlin.

German proptech startup Seniovo raises €2 million in Series A for barrier-free reconstruction

Berlin-based proptech Seniovo receives €2 million in a Series A financing round led by PropTech1 Ventures and IBB Beteiligungsgesellschaft. The startup, which helps people in need of care with age-appropriate and barrier-free reconstruction of their apartments and houses, will use the capital for further growth and digitalisation of its processes. Today, almost a billion people […]