Tag Archives: Rocket internet

Switzerland-based Klik & Pay acquires Rocket Internet’s payment service Paymill

Payment service provider Klik & Pay and the Munich-based online payment service provider Paymill have announced that they are going to merge their services. Nothing will change for the existing customers since the products of both companies will continue to … Continue reading

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Munich-based fintech startup Paymill enters into a strategic insolvency and is looking for a buyer

It seems as if the European fintech market is entering a phase of consolidation. Earlier today the mobile payment companies SumUp and payleven announced a merger agreement. A few hours later we learned that the Munich-based fintech startup Paymill seems to be … Continue reading

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Now official: Mobile payment companies payleven and SumUp join forces

Two of the leading European mobile payment companies SumUp and payleven today announced a definitive merger agreement to create the global leader in mobile payments. The shareholders of both companies have approved the transaction and will continue to support the combined company going … Continue reading

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Alibaba acquires controlling stake in Rocket Internet’s ecommerce platform Lazada for about $1 billion

The Chinese ecommerce giant Alibaba Group and Rocket Internet’s Lazada Group announced today that Alibaba entered into an agreement to acquire a controlling stake in Lazada, a leading ecommerce platform in Southeast Asia. The transaction consists of an investment of … Continue reading

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Rocket Internet secures additional €75 million from Orange for its Africa Internet Group

Rocket Internet’s Africa Internet Group, the largest e-commerce platform in Africa and parent company of Jumia, today announced a partnership with Orange to accelerate the growth of the company and seize development opportunities on the continent. In line with the … Continue reading

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Rocket Internet uses up to €150M for the buyback of convertible bonds with the goal to support the company’s stock price

The Management Board of Rocket Internet decided to spend up to €150 million on a program to repurchase senior unsecured convertible bonds due 2022 issued by the company during 2016. Repurchases of convertible bonds under the program may commence immediately … Continue reading

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Helpling launches new technology with the goal to bring cleaners and their customers closer together

The on-demand home services platform Helpling today announced it will globally migrate to the technology of its British subsidiary Hassle.com. Helpling acquired the European pioneer of online home services in 2015. The new technology platform will allow customers to browse individual … Continue reading

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Rocket Internet’s real estate portal Lamudi raises €29 million to grow its operations across Latin America and Asia

The emerging markets real estate network Lamudi has raised €29 million in a new funding round to grow its operations across Latin America and Asia. The fresh capital comes from the Asia Pacific Internet Group, which is a joint venture of Rocket … Continue reading

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Rocket Internet’s fintech startup Spotcap raises further €31.5M from a Russian billionaire

Rocket Internet’s lending platform Spotcap just announced the closing of its third financing round. The Berlin-based fintech startup raised € 31.5 million in new funding led by Finstar Financial Group, the VC firm of the Russian billionaire Oleg Boyko. Previous investor Holtzbrinck Ventures … Continue reading

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French market leader Planet Cards acquires Rocket Internet daughter Bonnyprints

​Bonnyprints (Wunderkarten.de) has just been acquired by Planet Cards SAS, the French market leader for personalized wedding­, birthday­ and special occasion­cards. Planet Cards will integrate Bonnyprints, and their shop Wunderkarten.de, into their product portfolio. This deal combines two

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