Axel Springer and ProSiebenSat.1 team up to jointly promote startups and ‘Germany as a digital hub’

Axel Springer and ProSiebenSat.1, two of Germany’s leading media groups, today announced the launch of a joint project to ‘promote digital startups’ and bring international attention to ‘the positioning of Germany as a digital hub’. The press release announcing the unusual collaboration between the two media giants is very thin on details, but mentions that […]

Banking on Germany: After EyeEm and Number26, PayPal founder Peter Thiel heavily backs Kreditech

Peter Thiel, the co-founder of well-known companies such as PayPal and Palantir, and Facebook’s first ever outside investor, has backed yet another German tech company. The iconic investor has put up ‘double-digit millions’ for a stake in fintech startup Kreditech, according to a report from business magazine WirtschaftsWoche (via Gründerszene). The Hamburg-based company has not […]