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Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.
Klarna was briefly Europe’s highest valued FinTech in 2020 and while the FinTech company has helped shape buy now and pay later services, there are many more gaining a lot of traction.
Buy now, pay later solution Pace Enterprise has reportedly secured a seven figure seed funding round.
Paidy, a Japanese point-of-sale financing platform, has reportedly secured $48m in a Series C round, coming just months after its former round.
Payment solution developer Klarna Bank has acquired point-of-sale finance business Close Brothers Retail Finance, from UK merchant banking group Close Brothers.