Swedish fintech Zaver raises $5M to bring cardless payments and BNPL to ‘durables’ sector
Swedish fintech Zaver, which enables merchants to accept cardless payments and offer buy-now-pay-later as an option, has raised $5 million in new funding.
Finland-based payment services provider Enfuce raises €7 million in Series-B round
Finland-based payment services provider Enfuce has raised €7 million in a recent Series-B funding.
Fintech startup Yap raises $10 million
Fintech startup Yap has raised $10 million in its Series B round, co-led by Flourish Ventures and Omidyar Network India.
Stripe has raised a new round of funding to accelerate momentum in Europe
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
Fintech startup ClearGlass Analytics closes $3.6m for pension funds transparency platform
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform.
Australian fintech investment in 2020 remains strong through COVID at US$1.4 billion
Investment in Australia’s fintech sector was strong at US$1.4 billion in 2020, despite a fall from a record $2.09 billion in 2019.
‘Buy now, pay later’ fintech Klarna raises $1bn
Klarna, the Swedish fintech company, has raised $1bn in funding that values the ‘buy now, pay later’ outfit at $31bn.
India attracted $2.7 billion in fintech investment in 2020: KPMG
‘Payments remained the hottest area of investment, followed by insurtech and wealthtech’ India attracted $2.7 billion in fintech investment in 2020, the second-highest amount ever after 2019’s record $3.5 billion, according to the Pulse of Fintech H2’20, a bi-annual report on global fintech investment trends published by KPMG. While the majority of fintech investment was seen early on in the year, merchant platform Pine Labs and Razorpay each raised $100 million in H2 2020. “Payments remained the hottest area of investment, followed by insurtech and wealthtech,” says the report. Fintech investors also adjusted their strategies in the second half of the year, shifting focus more to profitability. Investors moved away […]
