Mastercard snaps up Swedish AI cybersecurity start-up Baffin Bay Networks
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
The partnership has resulted in 52% more monthly active users for Buddy, Klarna Kosma says.
Andersson will join Zimpler’s leadership team and report directly to CEO Johan Strand.
Doconomy will fold Dreams’ behavioural science platform into its environmental impact measurement tools.
Rosén will be tasked with further developing Medius’ existing product suite as well as delivering new products.
Most of Lunar’s existing investors took part in the funding round, the neobank says.
The cash will be used to strengthen its product suite in existing markets and boost its growth across Europe.
Zingmark joins Loomis Pay from Nordea, where he worked for over eight years in various roles.
With the initiative, Klarna hopes to accelerate innovation in the development of open banking use cases.
The layoff comes just two months after it shed 10% of its workforce.
With SEB Embedded, the firm is aiming to become a leading provider in the BaaS market.
A handy round-up of this week’s fintech funding news from around the world.
DBT’s credit analysis tech platform analyses real-time data to provide a more accurate risk assessment for SMEs.
The BNPL giant is planning more cuts after laying off approximately 700 staff back in May.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Christoffer Malmer, head of SEBx, discusses the Nordic bank’s BaaS venture with FinTech Futures.
The firm says it “has not been immune to the significant downdrafts of fintech stock in public markets”.
Juni’s Series B funding round comprises $100 million in funding and $106 million in venture debt financing.
Trustly is aiming to boost its footprint in the UK market, which it says “presents a dynamic ecosystem”.
Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.
Our weekly fintech round-up for you to get the latest funding news from around Europe.
The two firms aim to develop digital banking solutions that will help banks tackle climate change.
Fintech start-up Humla will be powered by a BaaS platform developed by SEB’s innovation studio SEBx.
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
Lunar CEO says the new funding will enable the firm to continue carrying out its Nordic expansion plan.
Rocker’s biometric payment card is the first of its kind in Sweden.
Scandinavian travel management company Resia is TripActions’ third acquisition in Europe.
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
The European fintech plans to “hyper-scale” and move into the US and Australia this year.
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
With the steady decline of cash in the Nordics, it is increasingly vital for businesses to provide digital payment options.
SunTec’s Xelerate platform will digitise SEB’s sales process globally.
Firm aims to diversify its offering with price comparison platform acquisition.
New product will give internet-first businesses access to short-term credit.
Swedish payments company aims to help small businesses transact easier.
The recurring billing platform provider will seek to move into six new countries.
The minority stake investment will expand IKEA’s financing offering in-store and online.
The deal adds a platform for linking creators and retailers to Klarna’s retail ecosystem.
Rumoured deal is valued at around €110 million.
Swedish financial supervisory authority deploys range of modules from vendor.