Paymill swipes $13.2m

Jan 8, 2013 • Joanne Faulkner

Holtzbrinck Ventures, a spin out from media parent Georg von Holtzbrinck Publishing Group, and early stage venture capital investor Sunstone Capital have invested in a €10m ($13.2m) round for Paymill, a Germany-based online payments company incubated by Rocket Internet. Other investors in Paymill are Rocket Internet and RI Digital.

Mark Henkel, chief executive of of Paymill, said: “The investments by Holtzbrinck Ventures and Sunstone Capital reinforce our leading innovative position in the European online payment market and will help us…

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