Klarna aims to strengthen its underwriting capabilities through Moneymour acquisition

Swedish FinTech unicorn Klarna has bought Italian payment company Moneymour from its founders and minority investors.

Klarna launches global Consumer Council initiative to essentially get more feedback

Some companies are happy to do just customer surveys to get more feedback. Klarna has taken that idea one step further with its latest initiative.

Galileo opens offices in Mexico just as the Latin American FinTech scene is booming

Salt Lake City-based Galileo has just announced that its open for business in Mexico City as a wave of investments washes over Latin American FinTech companies.

SoftBank-backed OPay struggles with service outages and its customers are not happy about it

Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.

Clearhaus gains UK license days after Brexit

Digital payments acceptance startup Clearhaus has reportedly received a license to offer its services in the UK.

Alibaba-backed Global Blue is getting listed on the New York Stock Exchange as it...

Tax-free shopping and payment solution provider Global Blue is being listed on the New York Stock Exchange.

Shopify launches starter loans for budding online merchants

The Canadian e-commerce company Shopify has announced that it wants to help SMEs trade things on the web by launching starter loans.

PayPal has closed the $4bn acquisition of Honey Science Corporation

Having first been announced in November 2019, PayPal has now finalised its acquisition of the rewards and shopping platform Honey Science Corporation.

HyperPay closes funding to support growth across Egypt and GCC

HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.

PayPal becomes first foreign payments platform in China after latest acquisition

Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.

News Stories

Publishing assessment of value statements is bound to become a headache for asset management...

UK authorities are enforcing stricter reporting rules for the asset management industry. But navigating the regulations can be tricky.

LinkSquares collects $14.5m in its Series A

LinkSquares has collected $14.5m in its Series A round which was led by Jump Capital and will help it continue its 300% year-over-year growth.

Controversial Clearview AI reveals its entire client list has been stolen in a breach

Someone has stolen Clearview AI’s full client list as the facial recognition software company is still reeling from the backlash of having scraped public pictures from social media platforms.

Insight Investment deploys €100m debt capital to iwoca

Global asset manager Insight Investment has reportedly supplied European small business lender iwoca with €100m in debt capital to help the FinTech finance more loans.

Pioneering FinTech VC house QED Investors hits $350m final close for oversubscribed Fund VI

From: AltAssets FinTech venture capital pioneer QED Investors has hit a $350m final close for its oversubscribed sixth flagship fund. “When Frank Rotman and I founded QED...