
Holtzbrinck and Sunstone back Paymill
Holtzbrinck Ventures and Sunstone Capital have invested €10m in German payment services provider Paymill.
The company intends to use the funding to push for further growth and international expansion. It will improve its technical platform and enhance its customer care service. Paymill is already backed by Rocket Internet and RI Digital.
Company
Paymill was founded by Mark Henkel in Munich in June 2012. The management team is complemented by Stefan Sambol, Jörg Sutara and Kilian Thalhammer and the company currently employs 25 staff overall. Paymill is active in 34 countries across Europe and other regions. It offers a secure integrated payment service for online stores and service providers.
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