Klarna becomes Europe’s most valuable FinTech on the back of $650m round

Swedish payments unicorn Klarna can convincingly claim to hold the title of Europe's most valuable privately-owned FinTech company after a $650m funding round pushed...

Klarna could soon be Europe’s most valuable FinTech if reports about its upcoming funding...

Klarna may soon arguably be named Europe's most valuable privately held FinTech after news broke that the payment firm is in talks with investors to raise new funding that would push its valuation across the $10bn mark.

Payment service provider Mollie collects €90m in Series B round

FinTech Mollie has closed a €90m Series B funding round, taking the total amount raised by the company to €115m. Technology-focused growth equity investor TCV...

Klarna’s new app introduces social shopping to UK consumers

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.

Sezzle unveils new virtual card powered by Marqeta

Instalment payments platform Sezzle has released its virtual card for shoppers, enabling customers to pay using interest-free instalments both in-store and online.

Payment processing market to be worth $120.7bn by 2025

New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.

Zilch exits stealth on the back of $10m round and now plans to give...

London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.

Klarna’s beef with the Swedish government takes another turn with H&M skirting new e-commerce...

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 hints of upcoming IPO as company suffers sevenfold increase in losses in...

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.

Jack Ma’s Ant Financial files for what could be the biggest IPO ever

Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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