As more traditional brick-and-mortar retailers look to capitalise on the growth of e-commerce and mobile to compete against the likes of Amazon, fintech startups are reaping the rewards. In the latest
Microsoft has quietly ended its Surface Plus financing program about a year after it launched. In a message on its site, the company said it stopped taking new enrollments on August 31 “after mu
Yuri Milner has always looked past the present. The world-renowned investor, DST Managing Partner and billionaire has invested $100 million of his own money to look beyond our solar system in search o
Fintech startup Klarna grew thanks to its e-commerce payment service, but now the startup is diversifying a bit. The Swedish company is launching Wavy, a free peer-to-peer payment app and service. Aft
Klarna, the Swedish startup that works with e-commerce businesses and retailers to provide financing and other payment services, today announced that it has picked up yet another large investment, its
Klarna, the $2 billion+ startup out of Sweden that works with some 70,000 e-commerce sites to enable payments and provide flexible financing to make purchases, is adding one more key investor to help
After Anders Holch Povlsen and his firm Brightfolk bought up a stake of at least $225 million in Klarna earlier this month, today the profitable Swedish payments startup, now valued at over $2.25 bil
Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fas
Atomico has closed its fourth fund with $765 million, making it one of Europe’s single largest venture capital funds. The firm began raising the fund eleven months ago (we’d flagged it for y
Some chopping and changing is afoot in the world of payments in Europe. Today, Klarna, the startup out of Sweden that works with online merchants to enable flexible payment options, confirmed that it
All the work that went into creating peer-to-peer payment app Cookies isn’t disappearing forever. After filing for bankruptcy, Swedish tech company Klarna approached the team behind Cookies so that
The online financing giant Klarna is continuing its rollout in the U.S. with a host of new partnerships and a new product so online shoppers in the U.S. and Europe can actually take out loans from
Between January 1, 2014 and end of March 2016, 51 fintech investments were made in companies in Sweden, Finland, Norway, Denmark and Iceland, totaling $390.17 million.
Unicorn eCommerce startup Klarna and digital payments startup Modo announced a new strategic partnership this morning at Money20/20 Europe. Under the terms of this new partnership Modo will provide Kl
While most of Europe has been mired in economic turmoil since 2008, Sweden has managed to stay afloat -- and even accelerate its growth. The country and, especially, its capital, Stockholm, have outpa
Klarna co-founder and CEO Sebastian Siemiatkowski took the stage at Disrupt London today to discuss his payment startup and the wider financial tech ecosystem in Europe and in the U.S. Klarna isn'
Inking the deal with AmEx completes the set of credit companies that are working with the service. The Stockholm-based company had already signed up Visa and MasterCard as partners.
Some big news today in the world of fashion e-commerce. Farfetch, the London-based online marketplace for high end fashion retailers, is announcing a raise of $86 million. The funding vaults
The payments market in the U.S. couldn't be be more competitive, and now yet another player is entering the mix. Stockholm-based Klarna is set to announce its U.S. team ahead of expansion plans into N
Even as a clutch of new payment technology companies including Zooz Mobile and Plastiq announce new financing rounds today, it seems like investors are no longer paying out for payment companies. O