Rocket Internet nets $605m as the German FinTech sector could overtake the UK after...
The backer and incubator of several FinTech companies Rocket Internet has had a smashing start of 2019.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.
Payments processing company EBANX nets $30m round
Brazil-headquartered payments processor EBANX has netted a $30m investment from FTV Capital.
Klarna announced new partnership with shoe retailer the Dune Group
Buy now, pay later company Klarna has signed a partnership with the Dune Group as it keeps expanding.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
Mobile wallet app Yoyo Wallet raises ?12m for Series B
Yoyo Wallet raises ?12m in its Series B funding round led by Metro Group venture capital arm Horeca.
Platinum Equity acquires PLI Card for an undisclosed amount
Global private equity firm Platinum Equity has acquired PLI Card Marketing Solutions from affiliates of the company’s founders.
What does Klarna’s mega valuation mean for the Nordic FinTech industry?
Swedish payment and shopping unicorn Klarna has become Europe's most valuable FinTech, but what does that mean for the other FinTech ventures in the Nordics?
State Bank of India backs Pine Labs with $20m investment
Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.
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