Tag: Softbank

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Ecuador’s Kushki raised a $86m round in what it claimed was the highest valuation Series B in LatAm, valuing the 4-year company nearly at $600m.

SoftBank’s Opportunity Fund led a $10m Series A round of funding into Zoe Financial, a digital marketplace for people to find and hire vetted independent financial advisers.

Hashdex, an alternative investment platform for cryptocurrencies, has reportedly scored $26m in its latest funding round.

True Balance scored $10m in debt funding for its non banking financial firm, True Credits.

Lumu, which has created a continuous compromise assessment cybersecurity model, has netted $7.5m in its Series A funding round.

Greensill Capital, a supply chain finance firm backed by SoftBank and advised by former prime minister David Cameron, is preparing for insolvency within days.

Health insurance startup Vitable Health has collected $1.6m in a funding round, which was led by SoftBank Group.

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.