PayPal Ventures led a €22m Series B round in NX Technologies.

PayPal Ventures, a corporate VC, investing in financial services, commerce enablement, and data and infrastructure companies, led a €22m Series B round in NX Technologies, a a fintech company that operates the automotive payment management platform bezahl.de, with participation from Seaya Ventures, Walter Ventures and Motive Ventures. “We are thrilled to have successfully closed our series B financing round. Our payment management platform bezahl.de has created a new standard for payment management in the auto industry, and I am proud of the entire NXT team for the dedication and hard work that has allowed us to reach this exciting milestone. I look forward to our continued future growth alongside our new and existing investors,” Lasse Diener, NX Technologies CEO and Co-Founder.