E-commerce

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.

UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.

The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.

UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.

Spanish FinTech Pecunpay has launched a new digital payments innovation centre named FINTANK.

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Ecuador’s Kushki raised a $86m round in what it claimed was the highest valuation Series B in LatAm, valuing the 4-year company nearly at $600m.

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

From: RegTech AnalystOutgoing US president Donald Trump has signed an executive order banning transactions with eight Chinese-connected apps, including Alipay.The list also includes apps...