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Klarna has announced a $1.7 billion deal to free up capital for lending as its stock has plummeted 76% since its IPO. The Swedish fintech is looking to strengthen its financial position amid macroeconomic headwinds and investor concerns.
Berlin fintech Credibur has reached €2 billion in debt facility volume on its private credit infrastructure platform, highlighting the growing demand for tech-driven operational solutions in the private credit market.
Learn how embedded insurance works, why it's important, and how AI technology makes it possible for more people to get protection easily.
Steward raises $5M to automate AML compliance for the $100B investment management market, using AI to streamline regulatory processes.
Berlin-based Upvest has raised $125 million at a €640 million valuation, reflecting Europe's growing appetite for digital investment infrastructure.
Fuse has raised $25 million to modernize aging loan origination systems used by US credit unions, with a $5 million 'rescue fund' to help institutions transition from legacy software.
Ramp acquires Stockholm fintech Billhop to launch corporate cards and finance tools in the UK and EU this summer, signaling a major shift in the European spend management market.
Dublin fintech Teybridge Capital has pledged £600 million to support UK SMEs, as part of a broader £937 million Irish investment package unveiled at the UK-Ireland Summit in Cork.
TaxDown secures €4M to expand its AI tax platform, following a year of doubled revenue and profitability.
Revolut has applied for a U.S. bank charter, pledging $500 million to the American market and appointing a former Visa executive as its new U.S. CEO.
