Klarna CEO under fire from money.co.uk for calling credit card model ‘unsustainable’
Financial comparison site money.co.uk slammed buy now, pay later firm Klarna founder for claims that it offers a fairer and more equitable platform for consumer spending than credit cards.
PayTech PawaPay scores $9m in seed capital to scale presence
African payments firm PawaPay has raised $9m from a seed funding round led by MSA and UK investment fund 88mph.
Fiserv, Selecta partner to bolster cashless payments footprint in EU
FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.
Brex-rival Ramp more than doubles valuation to $3.9bn after Thiel’s Founders Fund-led round
FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.
SoftPOS vendor Phos raises €2m to scale its mobile payment offering
SoftPOS FinTech startup Phos has secured €2m in funding as it plans a Series A round later in the year.
Opay nets $400m to become Nigeria’s newest unicorn in Softbank-led funding round
Lagos-based mobile payment platform OPay reportedly raised $400m in a funding round led by SoftBank Vision Fund 2, valuing it at $2bn.
Alerzo bags $10.5m in Nosara-led Series A
Nigerian FinTech Alerzo has raised $10.5m from a Series A funding round led by Nosara Capital.
Zepz looks to new geographies following $292m Series E
UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
BharatPe bags debt funding just weeks after its Series E close
Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.
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