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Klarna creates global ‘Consumer Council’

Bank Innovation

The Sweden-based fintech, founded in 2005 and currently […]. Point-of-sale lender Klarna, which has a banking license in Europe and partners with banks in other markets, is creating a new mechanism to acquire feedback as it evolves its products.

Marketing 221
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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing.

Samsung 160
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CBA Invests $200M In Klarna For Australian Rollout

PYMNTS

The Commonwealth Bank of Australia (CBA) has invested $200 million in the Swedish FinTech unicorn Klarna , the buy now, pay later service for shoppers, both companies announced on Thursday (Jan. Klarna was founded in 2005 and has raised a total of $1.4 billion valuation makes it the most valuable privately-held FinTech in Europe.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

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Berkeley Intros Real-Time Business Payments

PYMNTS

Berkeley Payments was founded in 2005 and is headquartered in Toronto. In October, Berkeley acquired Toronto-based FinTech startup Pungle , a fast, integrated payments platform. The acquisition puts Berkeley in the position “to be one of the most innovative, fastest-growing FinTech companies globally,” Hamburg said at the time.

Payments 134
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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. Customer engagement platform Paytronix has named Amy Porter , founder and chairman of AffiniPay, to its board. For its part, Newton, Mass.-based

Industry 130
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Why Is Qatar Banning Crypto?

PYMNTS

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. The new ban states virtual asset services include the exchange or transfer of virtual assets, or the exchange between virtual assets and fiat currencies.