In 2021, Visa surprised the European fintech industry by announcing that it would acquire Tink for €1.800 billion. Klarna now wants to compete directly with Tink with a new business unit that has its own brand: Klarna kosma.

Banks must recognize that the past financial history and characteristics of those categorized as similar to one another merely represent preliminary reflections of the customer in question.

The instant payment platform allows merchants to make, manage and receive secure payments by connecting directly from the payer's bank to the merchant's bank.

The startup offers infrastructure for greater control and transparency over a company's financial transactions by automating reconciliation through a no-code offering.

Working from home during the pandemic created tailwinds for hardware rental companies. But even with the prospect of a hybrid return to offices, there are reasons to rent not just software, but also laptops, phones, or even furniture.

Challenger banks have collectively become a force to be reckoned with in the world of consumer financial services, and one of the big Nordic players, Lunar, is announcing new investments along with two new services for continue to fulfill its ambition to provide a comprehensive super app for its users.

With Receive, company teams can automate processes across the credit management value chain. Its clients include banks, other lenders, utilities and telecommunications companies.

Nubank reported its fourth-quarter financial performance and, in response to rapid revenue growth and an improving economy, the company saw its value drop 9% in regular trading after falling sharply in recent sessions. Now valued at just $8 per share

and Google, received $225 million in funding to continue developing its technology and expand its global presence.

Funding for payments startups has surpassed funding for merchant tools and services startups.