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Today in Germany: Payworks Written by Felicitas Hackmann on 6. September 2016

Payworks raises $4.5 million and rebrands

Munich-based fintech Payworks raises $4.5 million. Besides existing investors Speedinvest and business angels, Rumford and fintech investor HW Capital joined and also led the round. Papers were signed in May, however, it just now was announced. With the new money comes a new name: Payworks will now be called Pulse. The startup works on the technical infrastructure for debit and credit card payment.
[Gründerszene] (German)

Photo credit: USDAgov via Visual Hunt / CC BY