News
Global fintech investment fell by 19% in H1 2024, according to new Innovate Finance report
Global fintech investment fell by 19% in H1 2024 compared to H2 2023 amid an “economic slowdown”, according to the latest report on investment trends by Innovate Finance, a UK-based independent industry body.
TeamSystem acquires 61% majority stake in Italian SME credit mediator Change Capital
Italian business software solutions provider TeamSystem has acquired a 61% majority stake in Change Capital, a Milan-based fintech providing AI-backed credit mediation services for SMEs.
Klarna sells checkout business to investor consortium
Klarna has finalised a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors led by Kamjar Hajabdolahi, CEO and founding partner of Stockholm-based venture capital firm BLQ Invest.
Finbourne lands £55m Series B from Highland Europe and AXA Venture Partners
Finbourne Technology, a London-based investment data management solutions vendor, has raised £55 million through a Series B round spearheaded by UK venture capital firm Highland Europe and AXA Venture Partners (AVP), a French VC specialising in tech companies.
Apple partners Santander’s Zinia for BNPL financing services in Germany
Apple has tapped Spanish banking giant Santander’s digital consumer finance platform Zinia to power new payment capabilities across its operations in Germany.