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Today in Germany: Liqid, Smaac, Lovoo Written by Felicitas Hackmann on 28. June 2016

Liqid receives investment

Berlin-based trust administration startup fintech Liqid received a seven-digit amount from German publishing house Handelsblatt, more specific it’s group VC arm Dieter von Holtzbrinck Ventures. The investment also includes media cooperation budget.
[Gründerszene] (German)

€3.3 million for Smaac

Potsdam-based fintech startup Smacc aims to bring accountant to the digital age with its own soft- and hardware. To expand and to grow the team, it now raises a €3.5 million strong Series A round from Cherry Ventures, Rocket Internet, Dieter von Holtzbrinck Ventures and Grazia Equity.
[Gründerszene] (German)

Update: Lovoo CEO steps down

After dealing with prosecutors who said the company places fakes profile in order to make users pay over the past few weeks, Lovoo‘s CEO Benjamin Bak steps down.
[Gründerszene] (German)

Image: Some rights reserved by 401(K) 2013