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Paymill gathers USD 5 million in new funding round

Friday 15 February 2013 09:50 CET | News

Paymill, a Germany-based payments service provider, has secured another USD 5 million in a funding round led by investment company Blumberg Capital.

The current round follows the financing the startup has raised from Holzbrinck and Sunstone in January 2012. Paymill has revealed plans to expand in Asia and Latin America.

The company enables online stores and service providers on the internet to integrate common payment methods into their platform, especially online card payments. Paymill is already active in 34 countries across Europe and other regions. The service includes providing of payment methods and payment processing in the background.
 


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Keywords: Paymill, online payments, Germany
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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