At the recent Brilliant Minds conference in Stockholm, Tech.eu caught up with Jacob de Geer, co-founder and chief exec of Swedish mobile payments startup iZettle.
Paymill, a German startup with a Stripe-like product that enables online merchants to easily accept credit and debit cards, has been acquired by Swiss fintech solutions provider Klik & Pay (part of CYBERservices). Before we break out the champagne, note that Paymill recently decided to go for a ‘strategic’ preliminary insolvency as it engaged in […]
Sweden-based Klarna, one of Europe’s most valuable fintech firms, this morning announced that it had tapped debt markets for the first time in its history, issuing subordinated notes totalling 300 million Swedish crowns (roughly $32 million at current currency exchange rates). As Reuters reports, Klarna said the 10-year notes have a floating rate, and that […]
Stockholm-based mobile payments company iZettle is celebrating five years in business by unveiling a new card reader, new features and pricing. It is launching the new iZettle Reader, which the company claims allows small businesses to accept credit card and contactless payments faster than before. The company is also backing up its “more you sell, […]
Dutch fintech startup InvoiceFinance has raised €3.4 million in funding from Peak Capital and fintech entrepreneur Kalo Bagijn. The startup provides an online marketplace for SMEs to have their outstanding invoices financed by professional and institutional investors, regardless of industry or the size of the company. “The money that is locked in outstanding invoices for […]
Capital One is launching a new accelerator, Capital One Growth Labs, in partnership with L Marks to find innovative startups in the financial industry.
Far from cooling off, investments in European and Israeli FinTech startups continued to be on the rise in the first quarter of 2016.