Payment function provided
Luca app attracts investors
04/14/2022, 10:35 a.m.
During the peak phase of the pandemic, the Luca app collects contact details in order to trace possible chains of infection. Now the app needs to be developed as a payment app. Investors are making millions available for this.
The creators of the Luca app have raised 30 million euros in a funding round to convert the app intended to contain the corona pandemic into a payment app for the catering and culture sector. Berlin Culture4Life GmbH’s venture capitalists include Target Global, The Delta and Embedded/capital, the Berlin-announced operating company.
With the financing round, the FinTech entrepreneur Julian Teicke (founder and director of the Berlin start-up Wefox) takes over the chairmanship of the board of directors. According to Culture4Life Managing Director Patrick Hennig, musician Smudo is still involved in the business. The Die Fantastischen Vier rapper helped develop the app. As Hennig said, the app will be further developed with the help of the new investors.
On Monday, Hennig announced that the Luca system would no longer collect contact details to contain the corona pandemic because contracts with federal states expired at the end of March. However, the function can be reactivated if necessary.
The Luca app was launched in 2020 to collect contact details of restaurant customers and event visitors, as required by most infection protection regulations, in an efficient and privacy-friendly way. data. However, the Luca system has repeatedly come under heavy criticism. Luca’s skeptics were particularly bothered by the concept of central data storage.
Critics such as the Chaos Computer Club have warned against the misuse of data collected through the Luca system. The Luca encryption system criticized by critics withstood the attacks, but the manufacturers of Luca could not prevent the Mainz police from illegally interrogating customer data via the health service in order to clarify a possible crime.