Infrastructure & Enterprise Software

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.

German FinTech company Stocard has launched a free buyers’ protection for all users of its Stocard Pay platform.

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Automated spend management solution for businesses Expensya has collected $20m in funding to support its international expansion.

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

One of the UK's most influential financial regulators was targeted by 238,711 malicious and unsolicited emails over the final three months of 2020, averaging around 80,000 email attacks per month.

JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.

Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.

San Jose-based threat detection and response company Vectra AI raised $130m in a funding round that valued the company at $1.2bn.