Tag: Lunar

Danish neobank Lunar has welcomed American actor Will Ferrell as its latest investor.

FinTech companies in the region raised more than $2.6bn across 87 deals during the first nine months of the year

Danish challenger bank Lunar has secured €210m from a Series D funding round led by Heartland.

Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.

Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Despite Covid-19, FinTech investment in the Nordics continued to go from strength to strength in 2020.

Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.

Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.

London-based FinTech Zilch has officially launched its new feature Snooze, giving users the ability to delay repayment on an instalment, or an entire payment plan by between four to seven days.