According to reports, Payleven, a Berlin, Germany-based mobile payments startup, raised approximately €2m in funding.
The investment came from B5, the holding firm recently launched by Silvio Berlusconi’s daughters (Marina, Barbara, Eleonora) and sons (Pier Silvio, Luigi Berlusconi).
Founded in March 2012 by Rafael Otero, Alston Zecha, Dr. Alexander Zumdieck, Konstantin Wolff, and launched by Rocket Internet, payleven provides businesses with tools to process card payments using smartphones or tablets (iPad, iPhone, iPod Touch, Android).
Already available in Germany, the Netherlands, Italy, Great Britain, Poland and Brazil, payleven currently employs around 70 employees.
07/12/2012: Silvio Berlusconi’s Family to Launch Investment Firm
03/09/2012: Payleven Raises Double-Digit Million Euro Funding
21/01/2013: Payleven Raises Funding