Silvio Berlusconi Revealed As Payleven Backer

By  |  February 17, 2013
 | 

According to a TechCrunch report, Silvio Berlusconi and his family are likely major investors in the Samwer Brother’s Square-clone Payleven.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Berlusconi, the former Prime Minister of Italy and controlling shareholder of Mediaset, may have contributed to Payleven’s $53.5 million dollar funding round through his B Cinque family investment arm.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Rocket Internet also revealed that Zalando hit net sales of $1.54 billion in 2012, including reaching breakeven points in Germany, Austria and Switzerland.

    Read the full story here.


    Recommended

    Bessent Says Crypto Firms Are Sabotaging Best Chance for Rules

    Figure, blockchain

    Figure Tests Future of Trading With Blockchain Stock Launch

    AI, pharmaceuticals, drug discovery

    Pharma Rewires Drug Development With AI Operations

    Crypto Advocates Urge UK’s FCA to Narrow Regulatory Scope

    See More In: