N26 Resumes Operations in Italy, Appoints Andrea Isola as New General Manager German digital bank N26 has successfully resolved the regulatory compliance issues that led to its temporary suspension in Italy in 2022. With new leadership in place and a renewed focus on expansion, the bank is ready to compete in the Italian market. Milan, […]
Agrolend, a leading digital lending platform for Brazil’s agribusiness sector, has successfully raised $53 million in a Series C funding round, bringing its total funding to nearly $100 million. The round was led by Creation Investments and Syngenta Group Ventures, with participation from new investors such as Vivo Ventures, L4, and Japan’s Norinchukin Bank. Previous […]
Date: October 23, 2024 London, UK – Affirm (NASDAQ: AFRM) shares experienced a notable decline today following Klarna’s announcement that its popular “Buy Now, Pay Later” (BNPL) services are now integrated with Apple Pay, giving Klarna a competitive edge in the digital payments space. This development is seen as a significant step for Klarna, offering […]
SAN FRANCISCO & NEW YORK, October 22, 2024 – Infinity Ventures, an early-stage venture firm dedicated to supporting the future of fintech and commerce, announced the successful closure of its $184 million Fund II. Co-founded in 2021 by former PayPal executives Jeremy Jonker, Jay Ganatra, and Mario Ruiz, Infinity Ventures is renowned for its unique […]
Warsaw-based startup Oxla raises $11 million in Seed funding to redefine high-volume data analytics with a lean, high-performance architecture. October 23, 2024 – Warsaw, Poland: Oxla, a startup specializing in large-scale data processing, has raised $11 million in Seed funding. The round was led by TQ Ventures, with participation from Lead Ventures, Warsaw Equity Group, […]
Zurich, October 21, 2024 – UBS, as part of its ongoing efforts to streamline operations after acquiring Credit Suisse, has reached an agreement to sell its 50% stake in Swisscard, a leading Swiss credit card provider, to its joint venture partner, American Express. This strategic move marks another step in UBS’s divestment of certain Credit […]
London, 22 October 2024 – Zip, the world’s leading AI-powered procurement orchestration platform, today announced the successful completion of a $190 million Series D funding round, propelling the company’s valuation to an impressive $2.2 billion. This significant milestone, led by BOND, marks one of the largest funding rounds for an enterprise SaaS company in 2024. […]
Beijing & Purchase, New York – October 21, 2024 – Mastercard has announced the launch of its latest product, Mastercard Move Commercial Payments, designed to streamline and transform cross-border commercial payments for banks. Revealed at the annual Sibos conference in Beijing, this groundbreaking solution aims to address long-standing challenges in the cross-border payment ecosystem, providing near real-time, […]
Baar, Switzerland – October 2024 – Albatross, a cutting-edge AI startup focused on revolutionizing user engagement in eCommerce, media, and online marketplaces, has raised €3 million in a pre-seed funding round. The investment was led by Swiss venture capital firm redalpine, with participation from French VC Daphni. The funds will accelerate the development of Albatross’s […]
Klarna’s Flexible Payment Options Now Integrated with Apple Pay In-App and Online in the U.S. and UK, with Canadian Expansion to Follow 17 October 2024 – Klarna, the global AI-powered payments network and shopping assistant, has announced its integration with Apple Pay, offering flexible payment options for users at checkout online and in apps on […]
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