There is no single mobile payment company in Europe that has reached the scale and stature that Square has in the U.S., where the Jack Dorsey-led startup processed $1 billion in transactions in 2012. Payleven, one of the many mobile payment startups that want to take that crown on the other side of the pond, is today announcing two more steps in its strategy to convince businesses and consumers to… → Read More
A double-dose of details today about the normally secretive e-commerce startups incubated by the Samwer bothers-backed Rocket Internet. Silvio Berlusconi was outed as one of the key investors in Square clone Payleven; and Zalando, inspired by Zappos in the U.S., is reporting 2012 net sales of €1.15 billion and reaching breakeven in its core markets of Germany, Austria and Switzerland. → Read More
Payleven, the mobile payment company from the Samwer bothers’ Rocket Internet incubator, is now taking orders for its chip-and-PIN readers, which it says makes it one of the first of the Square-style competitors in Europe to offer quick way to comply with Visa’s card payment requirements in the region. The readers were first announced in October 2012; today Payleven starts to take orders — at a… → Read More
Payleven, the Rocket Internet-incubated mobile-payment service that uses a dongle attached to a mobile device to make and process card transactions — yes, like Square — is today announcing that it has picked up another round of funding, as well as a new investor. As has been the case with many past investments in Samwer-incubated startups, neither the exact funding figure, nor the investor, have… → Read More
More news in the European mobile payment dongle space this morning: Rocket Internet’s Payleven is expanding the availability of its Android app — previously only offered in Germany — to three more markets: the U.K., Italy and Poland, where the app can now be downloaded from Google’s Play Store. → Read More
Square has Starbucks and now Square-clone Payleven, which is backed by Germany’s Rocket Internet incubator/investor, has signed up Berlin taxi association — Taxiverband Berlin (TVB) — to trial its Chip and PIN payment dongle. Payleven also makes a smaller magnetic swipe dongle for taking mobile payments but taxi drivers have opted to kick the tyres of the Chip and PIN system. → Read More
Rocket Internet, the incubator/investment vehicle from the Samwer brothers, is known to move fast: Today, news comes that Payleven, its recently outed Square-clone, has opened its doors in the UK, Netherlands, Poland and Brazil, in addition to its existing operation in native Germany. That looks like the beginnings of a pretty ambitious international expansion plan and will certainly keep European… → Read More
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