Today in Germany: Simfy, Lendico



Spotify competitor Simfy shuts down

After Warner Music, Sony Music, and Universal revoked their licenses, Simfy now shuts down its service. US-based Grooveshark also sent out an email to its user three days ago, informing customers that it is going to discontinue its service.
[Gründerszene] (German), [RollingStone]

P2P lending service Lendico raises €20 million

Existing investors Rocket Internet, Access Industries, and Holtzbrinck Ventures as well as one new investor injected €20 million in Berlin-based P2P lending service Lendico.

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