Payments fintech Vitesse raises $93m Series C funding to fuel US expansion efforts
Vitesse has also appointed former 10x Banking chief Curt Hess as its new US executive president.
KKR
FinTech Futures: Top five stories of the week – 23 June 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
PayPal to sell up to €40bn of European BNPL loans to KKR
The transaction, subject to certain conditions, is expected to close in the second half of 2023.
KKR to acquire majority stake in Heidelpay
The CEO of Heidelpay will remain as a long-term shareholder.
Bank of Ireland UK sells credit card portfolio for £530m
Jaja will become the consumer credit card issuer for the bank and the AA.
KnowBe4 reaches $1bn valuation with latest investment round
The cybersecurity firm has raised a further $300 million.
KKR leads $100m funding round in Cross River Bank
New Jersey-based bank plans expansion abroad.
Philippines’ Voyager Innovations reaches $215m funding
Latest $40m injection follows juicy $175m investment last month.
KKR and Tencent lead $175m investment in Philippines’ Voyager Innovations
“Largest investment to date in a Philippine tech company.”
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Avaloq in talks with private equity firms?
Avaloq is rumoured to be talking to private equity (PE) firms. Suitors reportedly include New York-based KKR.
