European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
KKR backs Philippine B2B platform GrowSari
GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, will receive $45m in Series C funding from global investment firm KKR.
Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round
Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.
Mooncard secures €20m to accelerate its expansion in Europe
Corporate card provider Mooncard will bolster its development in France as well as expand internationally, following the close of a €20m funding round.
Toku’s Series A infusion of $9.3m to bolster digital collections in Latin America
Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m.
Volt secures $23.5m in its Series A round as it eyes new territories
Volt, an open payments gateway, has scored $23.5m in its Series A round, which will help it expand into new countries.
One of Canada’s fastest growing companies Float secures Series A
Float, a no personal guarantee corporate card supplier, has secured $30m in its Series A funding round.
Stellar Development Foundation injects $550,000 into SatoshiPay despite COVID-19 restrictions
SatoshiPay is set to keep developing its B"B solution after the the Stellar Development Foundation made a strategic investment of $550,000 by way of convertible loan notes into the company.
kevin. eyes bolstered payments offering following substantial seed raise
Lithuanian PayTech startup kevin. has secured $10m from a seed funding round co-led by OTB Ventures and Speedinvest.
UK bank 3S Money raises £3m to boost hiring, business expansion
UK banking platform 3S Money has raised £3m from a Series B funding round and has hit a £40m valuation.
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