As part of the deal, Polku will enter into a strategic partnership with Smartum, another company in The Orange Company’s portfolio that offers employers a platform to manage benefit programs. The partnership will allow Polku to serve Smartum’s nearly one million strong employee network and more than 10,000 partners.
Danish apartment manager Novasol has agreed to take over the former Rocket Internet start-up Wimdu for an undisclosed amount. Novasol is one of the largest European property managers with 44,000 units and is part of the publicly-traded US travel company Wyndham Worldwide, which also owns the brands Ramada and Tryp.
French boat rental platform Click & Boat has raised €1 million from the Olma Fund. The company will use the new investment to accelerate its growth in Europe and launch new services.
Italian startup GoodBuyAuto.it raised €1 million for its online marketplace to buy and sell used cars. Among the investors who participated in this second round of funding are Fabio Cannavale, CEO of Lastminute.com; Lorenzo Sistino, former CEO of Fiat; and Giuseppe Guillot, COO of the Yoox Group. The investors bring with them years of experience and expertise in different but complementary industries, and their confidence in the project means that these top managers will be providing the startup with both fresh capital and know-how.
Berlin-based fintech startup Cashboard, which provides online wealth management services, has closed a €3 million Series A funding round. The investment comes from Digital Space Ventures, a $50 million fintech fund from Luxembourg. Also participating in the round were existing investors Redalpine Capital, Earlybird, and 500 Startups. Previous investors in the company also include Makers and ProSiebenSat.1.
Douleutaras, a platform that brings together employers and freelancers in Greece and Eastern Europe, has raised €1 million, according to EMEA startups.
Rocket Internet -backed Wimdu is merging with its rival accommodation booking platform 9flats in hopes to withstand Airbnb’s rise in Europe. The merger will result in Europe’s largest p2p accommodation rental marketplace, the companies claim, with half a million of properties on offer. Furthermore, the merger should result in ‘improved customer choice and experience’, and […]