Today in Germany: Rocket Internet, Valendo



Rocket Internet valuation grows

Berlin-based company builder Rocket Internet announces a couple of numbers today: One of them being the valuation of its portfolio which increased from €3.4 billion since its IPO to €6 billion .

Fintech-Startup Valendo raises €1 million

Berlin-based online pawnshop Valendo found another investor: Entrepreneur Friedhelm Herb. In addition to the round from March 2015, where company builder FinLeap invested, it now has over €1 million in funding. The investment will be used to grow the team. After having started in the B2C sector, the startup plans to go into the B2B business.

 Image: Rocket Internet