The founders of the Global Savings Group: Andreas Fruth, Gerhard Trautmann and Adrian Renner (from left),
Photo: Global Savings Group

Global Savings Group secures a further 12 million euros

Rocket Internet, HV Capital, DTCP, RTP Global and M6 are investing a further 12 million euros in the Munich-based discount code company Global Savings Group.

Almost exactly one year ago, the Global Savings Group last received fresh capital from its investors: At that time As in the current financing round, 12 million euros were raised. The investors were already involved in the company and are increasing their stakes with the new deal.

Recently, the Global Savings Group also grew through acquisitions

The Munich-based company claims to be Europe's leading platform for rewards, cashback, bargains, and shopping content. Founded in 2012 as Cuponation, the company employs more than 500 people in offices in eight countries. In the spring, the Munich-based company acquired the French cashback company Igraal for 35 million euros.

A year earlier, the Global Savings Group Pouch for a single-digit million amount. The British company's browser extension automatically searches for suitable voucher codes when shopping online.

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