Just over a week after obtaining its full banking licence in Sweden, fintech company Klarna has receiving a fresh investment from Visa. No terms for the deal were revealed but according to a report from Bloomberg, the Swedish company will be issuing new equity and will be targeting new regions for its services. According to […]
Swedish fintech mainstay Klarna has obtained a full banking licence in Sweden. The approval, effective immediately, was granted by Sweden’s financial supervisory authority, Finansinspektionen. “We are now one of Europe’s largest banks with 60 million customers, 70,000 merchants and working seamlessly across borders,” said Klarna CEO, Sebastian Siemiatkowski. The licence will allow Klarna, which was […]
London-based fintech company Zopa, an online lender, has raised £32 million. The investment came from the Indian financial services group Wadhawan Global Capital and Northzone. This brings the total raised by the startup to £80 million.
Spanish bank BBVA has launched an open banking platform by making its APIs publicly available. The BBVA API Market will release eight of the bank’s APIs to companies, startups, and developers to access and integrate customer data into their services, such as customer acquisition and loan origination. The open banking platform will comply with the […]
Financial services giant BNP Paribas is hosting its next mixer event in Paris on May 30, tackling the challenge of regulation.
Digital banking technology startup Meniga has announced a funding round of €7.5 million from Industrifonden. Velocity Capital, Frumtak Ventures, and Kjolfesta also participated. Meniga provides a platform for banks to use and make sense of the personal finance data they collect from customers. The new funds will be invested into research and development and expanding […]
German fintech startup Solarisbank has just raised €26.3 million in funds. Investors include the Japanese SBI Group, Arvato Financial Solutions, and Unicredit. Previous investors including Finleap, Hegus, and Yabeo also participated in the round.