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Germany’s Paymill raises €10m from Holtzbrinck Ventures, Sunstone Capital

7 Jan 2013

Munich-based online payments processor Paymill has raised €10m in funding from investors including Holtzbrinck Ventures and Sunstone Capital.

The company gives online stores and service providers on the internet the ability 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 company was founded in June 2012 by Mark Henkel. He said, “The investments by Holtzbrinck Ventures and Sunstone Capital reinforce our leading innovative position in the European online payment market and will help us to continue our rapid growth. Especially, we will use the funds to further improve our technical platform and to enhance our customer care. It’s our goal that everyone can accept online payments fast and easily.”

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