BNPL boom: Square is buying Afterpay for $29bn
Square, the listed US payments fintech founded by Twitter’s Jack Dorsey, is set to acquire Australian Buy Now Pay Later firm Afterpay in a $29bn (£21bn) deal.
Spendesk raises €100m Series C round
Paris-based fintech Spendesk, which automates finance processes, has raised €100m in a Series C led by General Atlantic.
More fintech funding raised in the first half of 2021 than the whole of 2020
So far, in the first half of 2021, fintechs have raised more than they did in the whole of 2020, $5.7bn compared to $4.3bn, an increase of over a third (34 per cent).
Younited Credit closes $170m funding round to help deepen presence across Europe
Another day, another $100m+ funding round, this time it’s for French credit and payment platform Younited.