Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round

Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.

India-based Paytm preps for planned $3bn IPO

India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.

Y Combinator-backed Cashfree lands funding from SBI for its payment platform

Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.

BNPL giant Klarna launches interest-free shopping app which can be used at any online...

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

Truebill hauls in $45m to develop its personal finance app

Personal finance app provider Truebill raised $45m in Series D funding giving it a valuation of $500m.

Italy-based headless commerce platform Commerce Layer lands $16m

Commerce Layer closed a $16m Series B funding round led by Coatue Management, with participation from existing investors Benchmark and Mango Capital.

Curate Capital leads $1.5m seed funding round for Park Place Payments

Los Angeles-based FinTech Park Place Payments raised $1.5m in a seed funding round led by Curate Capital.

SpotOn valued at $1.88bn after Andreessen Horowitz-led investment

CA-based software and payments company SpotOn raised $125m in a funding round led by venture capital giant Andreessen Horowitz that valued the startup at about $1.88bn.

Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK

New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.

Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack

Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.

News Stories

How transparent AI will help the adoption of the technology in insurance

As AI becomes more widely used across industries, in insurance is lagging behind. Akur8 believes this could be down to the need of transparency. Akur8...

How to meet the needs of the top three underserved segments in wealth management

With 2021 moving into the halfway mark, TietoEVRY’s Sameer Datye has listed the biggest wealth trends of 2021.

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

FinTech investment growth in the Baltics paused in Q1 due to lack of large...

FinTech companies in the region raised just $11.2m across 12 deals during the first three months of 2021 expends Estonia footprint with Icefire acquisition

Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.

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