Move over Klarna, Checkout.com just became Europe’s most valuable FinTech
Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.
Openpay has officially launched in the US
Klarna and Afterpay just got more competition in the US as Australian buy now, pay later provider Openpay has just kicked off its operations in the country.
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Fisdom has closed a $7m funding round led by PayU
WealthTech startup Fisdom has bagged $7m in an investment round led by payment technology firm PayU.
PhonePe partially spins out of Flipkart and raises $700m
PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
Chipper Cash picks up $30m in raise backed by Jeff Bezos
Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos' private VC fund Bezos Expeditions.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.