Valmano has a new owner
The Munich-based media house ProSiebenSat.1 (P7S1) sold the jewelry startup Valmano to Fiparel, a Luxembourg-based investor. Valmont was founded in 2013 in P7S1’s incubator, Epic Companies, and offers over 8,000 pieces of jewellery and watches. Additional details surrounding the deal remain undisclosed.
W&W acquires 75 per cent of Treefin
Wüstenrot & Württembergische Group (W&W) acquired the majority (75 per cent) of Treefin, a fintech startup that offers digital finance assistance. Treefin provides users an overview of their finances, including their banking accounts, deposits and different insurances. The startup was founded in 2014 and has over six million users.
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