PhonePe partially spins out of Flipkart and raises $700m
PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.
Wirecard and Klarna ink new deal to give merchants even more payment options
Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.
QRails bags $8m in Series A with plans to open an office in Sydney
QRails, a cloud-based payments processor, has netted $8m in its Series A round led by EFM Asset Management.
Zilch exits stealth on the back of $10m round and now plans to give...
London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.
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.
PayPal among investors backing Gojek
FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.
Ant Financial Group takes minority stake in Swedish unicorn Klarna in new deal
Alibaba’s payment arm has bought a minority stake in Klarna as the Swedish FinTech looks to grow its global reach.
Eight FinTech and RegTech companies you missed at Sthml Fintech Week
From: RegTech Analyst The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week. The Stockholm event was full...
Klarna global revenue jumped by 31% in the last year
Swedish Klarna became Europe most valuable private FinTech unicorn in 2019 and has kept on growing since.
Rapyd to expand its global reach through new Visa agreement
FinTech solution integrating expert Rapyd has made no secret of its global ambitions. Now, the unicorn has taken another step to realising its vision through a new Visa partnership.