NX Technologies, a fintech firm operating as bezahl.de, a digital automotive payment management platform, has secured €22 million in Series B funding led by PayPal Ventures, with participation from Seaya Ventures, Walter Ventures, and existing investor Motive Ventures. The funding will strengthen NX Technologies’ market position in Germany, and enhance its platform, which offers streamlined payment solutions for automotive businesses, significantly reducing operational complexities. Bezahl.de has already seen adoption from over 70% of the top 100 automotive retail groups, and over 1,000 car dealerships, in Germany.
PayPal Ventures Leads NX Technologies’ €22 Million Series B Funding Round
