B2B payments startup Mondu extends Series A
B2B payments company Mondu has extended its Series A funding round by $13m, as it looks to bolster its market growth.
Klarna reports $1bn annual loss
Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
Mexico-based PayTech app Nelo raises $100m
Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.
Zilch becomes first BNPL to partner with UK debt charity StepChange
UK-headquartered buy now pay later (BNPL) FinTech Zilch has partnered with UK debt charity StepChange to help those during the cost-of-living crisis.
Southeast Asian buy now pay later firm Kredivo nabs $270m
Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.
Saudi Arabia’s Tamara raises up to $150m from Goldman Sachs
Tamara, a shopping and payments platform in Saudi Arabia and the GCC region, has secured $150m in a receivables warehouse facility from Goldman Sachs.
Klarna Australia reports disastrous losses
Buy now, pay later (BNPL) provider Klarna Australia has reportedly haemorrhaged $56m in losses last year.
Digital payment platform Kasheesh welcomes star-studded funding round
Kasheesh, which claims to be a first-to-market digital payment platform, has increased its total capital raised to $8.5m, with backing from high-profile investors.
Airwallex partners with Atome to offer BNPL services in Asia
Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.
Tymit nets £23m to reinvent credit
Tymit, a buy now, pay later (BNPL) startup, has raised £23m in Series A funding to help its members achieve financial stability.
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