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Germany

FinXP launches Real Time Payments

FinXP launches Real Time Payments

Payment and banking service provider FinXP has launched Real Time Payments by FinXP (RTPF). This is an account-to-account payment method that is targeted at online merchants. The Malta-based electronic money institution says its transaction fees are lower than many other popular alternative payment methods.

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Signa Sports United acquires sports store Wiggle

Signa Sports United acquires sports store Wiggle

Signa Sports United has agreed to list on the New York Stock Exchange through a merger with special-purpose acquisition company Yucaipa. The deal will raise over 530 million euros in proceeds for Signa Sports United, which will use part of this money to buy UK-based sports store Wiggle.

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Sennder raises 65 million euros

Sennder raises 65 million euros

Sennder, a digital road freight forwarder from Germany, has raised 80 million dollars (65 million euros). This follows the first close of its Series D funding round in January and brings the total size of this round to almost 200 million euros.

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ParcelLab raises 92 million euros

ParcelLab raises 92 million euros

ParcelLab, which offers a post-purchase customer experience for online retailers, has raised 112 million dollars (92 million euros) in a Series C funding round led by Insight Partners. With the money, ParcelLab wants to expand globally and enhance the progression of its newly released returns portal.

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DHL builds largest parcel center in Germany

DHL builds largest parcel center in Germany

Next year, DHL will have the largest parcel center in Germany. It's not building a completely new building to achieve this. Instead, DHL will expand its parcel center in Aschheim by building a new facility adjacent to the existing center. The two buildings will be connected through a tunnel for trucks.

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