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.
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.
BharatPe said to hit $400m valuation after funding round
QR-based payments company BharatPe has reportedly raised $75m in a Series C round which has valued the FinTech at $400m.
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.
Visa argues that millennials are driving FinTech innovation and reveals how it leverages this...
Millennials are driving the FinTech evolution in everything from payments to banking. Now, a Visa executive is arguing that FinTechs better pay attention.
Toast pulls in $400m as it looks to build upon strong growth
Restaurant management platform Toast has received $400m in its Series F round, which comes after a successful year that increased its revenue by 109%.
Klarna aims to strengthen its underwriting capabilities through Moneymour acquisition
Swedish FinTech unicorn Klarna has bought Italian payment company Moneymour from its founders and minority investors.
Curve and Starling Bank accused of having edited their own Wikipedia pages to remove...
Two of the UK’s most prominent FinTech scaleups have been accused of altering their own Wikipedia pages to make them seem more positive.
SoftBank-backed OPay struggles with service outages and its customers are not happy about it
Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.
Curve founder Shachar Bialick responds to a smattering of negative headlines by labelling them...
FinTech startup Curve has faced lot of criticism lately. Now the founder has responded to the bad press his venture has received by essentially accusing the media of publishing fake news.