Tag: Sweden

Klarna's latest app update is aimed at elevating the shopping experience for its UK customers to offer them more flexibility, control and personalisation while shopping online.

Klarna's losses grew sevenfold in the first six months of 2020 and now its ongoing conflict with the Swedish government has taken another turn.

Klarna's CEO has hinted that it might soon go public despite the Swedish payment unicorn's losses having jumped to $59.8m in the first six months of 2020, a sevenfold increase from the same period in 2019.

Swedish FinTech Open Payments has added €3m in a seed round and will use the cash injection to grow its team and its reach across the European market.

Swedish FinTech Tink has ramped up its European expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Just a few weeks after Klarna was named Europe's most valuable FinTech company on the back of a $650m round, the Swedish decacorn has now received new investment from Macy's.

Eurofins Digital Testing, the end-to-end quality assurance and testing services provider, has acquired cybersecurity Commissum Associates. Terms were not disclosed.

The challenger bank industry in the Nordics has taken another step forward with Rocker tapping Enfuce, the Finnish FinTech startup, to enable it to issue Visa cards and process payments.

Insurello has secured $8.04m in a new investment round led by Inventure and Schibsted with the participation of existing investor Luminar Ventures.