Mobile Payments

Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.

Real-time global payments system Bottlepay has rolled out its payments app across Europe.

A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.

US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.

Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.

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.