London-based health clinic for men Numan acquires Swedish health company Vi-Health

Today London-based men’s health startup Numan has announced its acquistion of Vi-Health, a pioneering medical science and healthcare technology company based in Sweden. Launched in February 2019, Numan helps men take action when it comes to their health and wellbeing. According to the startup, recent findings show that 3 out of 4 men don’t go to…

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EU-Startups

Dutch conversational commerce platform CM.com acquires Amsterdam-based fintech PayPlaza for €10M

CM

Netherlands-based CM.com, a cloud software for conversational commerce, has reached an agreement to acquire Amsterdam-based PayPlaza, a point of sale (POS) payment acceptance platform. According to CM.com, the transaction comprises a consideration of €10M (excluding a capped earn-out). Upon closing, the acquisition will be immediately accretive to EBITDA.

Conversational commerce is e-commerce done via various means of conversation and using technology such as speech recognition, speaker recognition, natural language processing, and artificial intelligence.

Aim of the acquisition 

According to CM.com, this acquisition forms a next step for it to offer omnichannel communications and payments solutions from one single platform. 

With this development, CM.com plans to merge its payments solutions with PayPlaza’s technology, thereby offering its existing and new customers quick access to additional payment options from one single platform. 

“The anticipated growth of unattended POS terminals for self-checkout and the increasing demand for mobile payment solutions in the delivery, retail, and hospitality market provides ample growth opportunities,” it mentions in the press release. 

Jeroen van Glabbeek, CEO of CM.com, “We see an increased demand for integrated online and mobile payment and physical in-store solutions, like mobile pin terminals. With PayPlaza we strengthen and further enrich the payments proposition on our conversational commerce platform.”

What does PayPlaza offer?

Founded in 2010 by Edgar Antonio Plasa, PayPlaza connects partners to its POS Gateway, POS, and mobile-POS terminal devices and serves large retailers such as Zeeman, and Dutch government departments such as the Ministry of Foreign Affairs.

The company employs about 50 people across offices in the Netherlands, Germany, and Spain, and has around 20,000 payment terminals connected to its platform. It runs a high margin and profitable business with currently €4M in annual recurring revenues, which are primarily license-fee based.

Edgar Plasa, CEO of PayPlaza comments, “We operate a payments processing platform that also includes a physical instore solution that facilitates purchases, can scan items, and serves as a complete mobile cash register. In the Netherlands, we have grown rapidly in recent years. Being part of CM.com enables us to accelerate our expansion across Europe.”

The founder of PayPlaza will stay on and is fully committed to executing the growth strategy.

Last year, in November, PayPlaza unveiled a new corporate identity – new brand design, website, and logo. 

About CM.com

Founded in 1999 by Jeroen van Glabbeek and Gilbert Gooijer, CM.com connects businesses to people and people to businesses via telecom operators, worldwide payment providers, and messaging channels. It is a listed company (Euronext Amsterdam: CMCOM) and provides conversational commerce services from its cloud platform.

The company provides messaging and voice channels such as SMS, Over The Top (OTT) (e.g. WhatsApp Business, Apple Business Chat, Google RCS, Facebook Messenger, and Viber), Voice API, and SIP. These messaging channels can be combined with cloud platform features, like Ticketing, eSignature, Customer Contact, identity services, and a Customer Data Platform.

CM.com is a licensed Payment Service Provider (PSP) offering card payments, domestic payment methods, and integrated payment methods like WeChat Pay. The company currently employs about 550 people in 20 different countries worldwide.

Startups – Silicon Canals

PwC acquires almost 50% stake in Berlin-based data anonymization startup Statice

Statice GmbH, the AI startup specializing in privacy-preserving synthetic data, and PwC Germany, one of the leading auditing and consulting services organisations in Germany, have today announced a cooperation. PwC Germany has acquired a significant minority stake of nearly 50% in Statice and will support the Berlin-based technology company’s continued expansion. Statice, founded in 2018,…

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EU-Startups

[BioCatch in Crowdfund Insider] Tel Aviv based Digital Identity Firm BioCatch Acquires Another US Patent for Method It Uses to Verify Users’ Credentials

BioCatch, a digital identity firm, has revealed that it has acquired a registered US patent for the method it uses to verify a user’s identity and for detecting fraud. According to BioCatch, the verification process is based on the manner in which the user holds and accesses their mobile device.

Read more here.

The post [BioCatch in Crowdfund Insider] Tel Aviv based Digital Identity Firm BioCatch Acquires Another US Patent for Method It Uses to Verify Users’ Credentials appeared first on OurCrowd Blog.

OurCrowd Blog

Canva acquires background removal specialists Kaleido

Kaleido, makers of a drag-and-drop background removal service for images and video, have been acquired by up and coming digital design platform Canva. While the price and terms are not disclosed, it is speculated that this young company may have fetched nearly nine figures.

It’s the right product at the right time, seemingly. In 2019, the Vienna-based Kaleido made remove.bg, a quick, simple, free, and good-enough background removal tool for images. It became a hit among the many people who need to quickly do that kind of work but don’t want to fiddle around in Photoshop.

Then late last year they took the wraps off Unscreen, which did the same thing for video — a similar task conceptually, but far more demanding to actually engineer and deploy. The simplicity and effectiveness of the tool practically begged to be acquired and integrated into a larger framework by the likes of Adobe, but Canva seems to have beaten the others to the punch.

Animated image showing a stack of books on a table in a room, but the table and room get deleted.

Image Credits: Unscreen

The acquisition was announced at the same time as another by Canva: product mockup generator Smartmockups, suggesting a major product expansion by the growing design company.

We completely bootstrapped Kaleido with no investors involved from day one,” said co-founder and CEO of Kaleido, Benjamin Groessing, in a press release. “It has just been two founders and an incredible team. We’ve been profitable from the start — so this acquisition wasn’t essential for our existence. It just made sense on so many levels.”

The company declined to provide any further details on the acquisition beyond that the brand and name are expected to survive — at least Unscreen, which makes perfect sense as a product name even under another company.

German outlets Die Presse and Der Brutkasten cited sources putting the purchase “reiht sich dahinter ein” or in the same rank as the largest Austrian exits (the largest of which was Runtastic at €220M), though still in the two-digit millions — which suggests a price approaching $ 100M.

The team at kaleido celebrating their acquisition - each member has been digitally added.

Image Credits: Kaleido

Whatever the exact amount, it seems to have made the team very happy. And don’t worry – they put that image together using their own product for each person.

Startups – TechCrunch

Austria’s App Radar acquires Spanish competitor TheTool to be the one-stop-shop for app marketing products

App Radar

Austria-based App Radar is an app marketing company that focuses on organic and paid user acquisition and lets companies combine self-service tools with managed services for app marketing. The company has recently announced that it has acquired its Spanish competitor TheTool.

Although the financials of this deal were not disclosed, according to App Radar it is a six-digit deal. 

The tools of the trade

TheTool is a performance-based Mobile ASO tool for iOS and Android apps. It enables users to easily track and optimise their app marketing strategy, increase downloads and grow their business.

Created by PICKASO, the leading App Marketing and Mobile Growth agency in Spain, TheTool specialises in data insights for app marketers. Its customer base, which comprises more than 400 customers, will be acquired by App Radar. 

“Their suite of products is the perfect complement to what we have built at TheTool. By combining these solutions App Radar is going to have one of the most complete app marketing offerings available,” says Daniel Peris, the Co-Founder and CEO of TheTool.

The European app market on the radar 

Founded in 2015 in Austria by Thomas Kriebernegg and Christian Janesch, App Radar provides self-service tools and managed services that drive organic and paid user acquisition to companies including Rovio Entertainment, Wargaming and DEGIRO across 160 countries.

“Its features have been designed around a clear UX developed in line with feedback from marketers. As a result, it is the only platform that works hand-in-hand with their workflows. This allows marketers to move between research, analytics and editing all inside one solution rather than having to run multiple solutions,” says the company in its press release. 

According to the company, this acquisition is an assets-only deal that will expand App Radar’s presence in Europe and enable the app marketing company to offer a range of new features to its clients. It is one of the first major acquisitions of an App Store Optimisation Tool in the industry, claims the Austrian company. 

The acquisition follows App Radar recording a second straight year of turnover doubling. “This deal is a huge step in App Radar’s journey. It will enable us to significantly expand our product offering and provide us with a stronger footing in the European app market,” says Thomas Kriebernegg, CEO and Co-Founder of App Radar,

“Our goal is to become a one-stop-shop for app marketing products and TheTool’s range of excellent app analytics services is an important piece of this puzzle. We plan to build on this achievement by further expanding our reach in Europe – particularly the UK and Germany – and doubling down on product development,” he adds. 

Backed by Austrian’s leading VC network eQventure, App Radar’s customer base includes iTranslate, Kolibri Games, Wargaming, DEGIRO, Rovio Entertainment, among others.

Startups – Silicon Canals

UK-based online car retailer Cazoo acquires Germany’s leading car subscription startup Cluno

Cazoo, a leading online car retailer from the UK, which makes getting your next car as simple and seamless as buying any other product online, has today announced the acquisition of Cluno, Germany’s leading consumer car subscription platform, for an undisclosed sum. Founded in 2017, Cluno has grown to a team of over 100 based…

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EU-Startups

Global design platform Canva acquires two word class European innovators: Kaleido AI & Smartmockups

Online design platform Canva has achieved another milestone today after announcing a strategic investment into its vibrant apps ecosystem through the acquisition of two innovative European startups: Kaleido.ai, a leading visual AI platform (Austria) and Smartmockups, a realistic product mockup generator (Czech Republic). Together, the companies will capitalize on the significant global reach of Canva’s…

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EU-Startups