4. July 2016–
Swiss FinTech acquires Paymill
In April this year, Munich-based fintech Paymill filed for preliminary insolvency proceedings. Now, the Stripe copycat got acquired by Swiss payment provider Klik & Pay. Overall, Rocket Internet-backed Paymill received €18 million in funding since 2012. Paymill’s product will continue to be offered. More details of the deal have not been shared.
DCMN acquires 1SDK
Berlin-based growth marketing specialist DCMN has acquired mobile attribution startup 1SDK. The two teams will combine their expertise to develop new mobile marketing products. The amount stays undisclosed.
Make sure not to miss all startup and tech events this weeks: