Canaan makes its biggest investment in Latin America with Marvin
Marvin, a Brazilian B2B payments platform has raised $5m in a Series A funding round led by early-stage venture capital firm Canaan.
Brazilian PayTech Barte said to raise $3m seed
Brazilian PayTech startup Barte has reportedly raised $3m in its seed funding round to help bolster its position in the country.
SumUp partners with Starling to support SME merchants get paid quicker
Mobile point of sale (POS) platform SumUp has teamed up with UK challenger bank Starling Bank to support faster payouts to SMEs in the UK.
Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round
Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.
American Express, Tink enter European banking partnership
American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.
Axle Payments said to raise $27.7m in a round of debt and equity
Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spread.
Kashier Payments said to raise a seed investment
Egypt-based Kashier Payments has reportedly closed a seed round led by Glint Ventures.
Payment firm Airwallex closes a $100m Series D round at $2.6bn valuation
Melbourne-based cross-border FinTech Airwallex raised another $100m in an extension to its Series D round.
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