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Klarna rival alert: London’s buy-now-pay-later fintech drums up £22.3M funding

On Dec 16, 2020
@Level39CW shared
London-based fintech @PayZilch secures an additional $30 million in funding to launch a new cash flow management tool allowing consumers to prioritise their financial health @UKTNofficial https://t.co/FQt7Y4FA7N #Level39
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Zilch, London-based Klarna-competitor has announced to have secured an additional $30 million (approx £22.3 million) equity funding.

www.uktech.news
On Dec 16, 2020
@Level39CW shared
London-based fintech @PayZilch secures an additional $30 million in funding to launch a new cash flow management tool allowing consumers to prioritise their financial health @UKTNofficial https://t.co/FQt7Y4FA7N #Level39
Open

Klarna rival alert: London’s buy-now-pay-later fintech drums up £22.3M funding

Klarna rival alert: London’s buy-now-pay-later fintech drums up £22.3M funding

Zilch, London-based Klarna-competitor has announced to have secured an additional $30 million (approx £22.3 million) equity funding.

UK BNPL startup Zilch scoops $30 million in funding

UK BNPL startup Zilch scoops $30 million in funding

Zilch, a UK-based startup competing with the likes of Klarna in the buy now, pay later market, has picked up an additional $30 million in funding just weeks after securing a consumer credit ...

UK-based Zilch raises $30 million for its BNPL platform with a twist

UK-based Zilch raises $30 million for its BNPL platform with a twist

London-based Zilch, a buy-now-pay-later (BNPL) startup that doesn’t require integration on the merchant side, has landed $30 million in a Series B funding round from a range of VCs ...

Zilch: London-based Klarna and Clearpay arch rival becomes first ‘buy now pay later’ fintech to secure FCA licence

Zilch: London-based Klarna and Clearpay arch rival becomes first ‘buy now pay later’ fintech to secure FCA licence

Zilch has become the first company in the market to become fully Financial Conduct Authority (FCA) licensed

Gauss Ventures leads USD 55 million round in Curve

Gauss Ventures leads USD 55 million round in Curve

In a record year for Fintech investments, Curve is now amongst the top 5 UK Consumer Fintechs* *

The unstoppable rise of neobanks

The unstoppable rise of neobanks

The banking sector has historically been a monopoly, with the world’s biggest institutions maintaining a relatively unchallenged hegemony. However, a new breed of digital-only neobanks are ...

Crypto.com Promises 100 Pct Refunds To Its Wirecard Users

Crypto.com Promises 100 Pct Refunds To Its Wirecard Users

The CEO of Crypto.com, a Wirecard Card Solutions card issuer, vowed to issue refunds to its customers hours after regulators froze Wirecard's cash and assets.

Why every company will soon be a fintech company

Why every company will soon be a fintech company

I’ll be covering three reasons why companies that have nothing to do with finance will get into financial services and what that transition may look like.

Lanistar and Mastercard announce partnership ahead of fintech challenger’s product launch

Lanistar and Mastercard announce partnership ahead of fintech challenger’s product launch

Lanistar and Mastercard have announced a new partnership as the fintech challenger prepares to launch its new banking alternative product later this year

Banking on tech alone not enough for digital challengers

Banking on tech alone not enough for digital challengers

Major banks have long held all the cards, operating in closed environments and keeping their customer data under lock and key – but no more. In the new opening banking landscape, banks must ...

UK fintech Curve launching its first ever crowdfunding campaign

UK fintech Curve launching its first ever crowdfunding campaign

Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card and one even smarter app, is launching a seven figure crowdfunding campaign this ...

Digital Banking Solution Provider Meniga Raises $9.4 Million in New Funding

Digital Banking Solution Provider Meniga Raises $9.4 Million in New Funding

As a company, the only thing better than a customer that loves your services and solutions is a customer that wants a piece of the action as well. That’s the happy situation digital banking ...

Open Banking adoption surges past 1 million customers

Open Banking adoption surges past 1 million customers

New figures published show that customer use of Open Banking in the UK has surpassed the 1 million customer mark for the first time.

Is Lanistar a scam?

Is Lanistar a scam?

FCA warning over FinTech with aims to become a unicorn follows collapse of £15m investment deal

Europe-based Fiat-to-Crypto Gateway BTC Direct Secures $13 Million Series A Funding

Europe-based Fiat-to-Crypto Gateway BTC Direct Secures $13 Million Series A Funding

This is the first funding for BTC Direct over the last seven years since inception. It will use these funds to further expand its services.

Due diligence important for residential real estate projects post COVID-19

Due diligence important for residential real estate projects post COVID-19

The pandemic may impact cashflows to real estate projects with delays in customer collections and unwillingness of banks and NBFCs to provide further funding.

A better Klarna? Meet the fintech launching the “AmEx card for Gen Z”

A better Klarna? Meet the fintech launching the “AmEx card for Gen Z”

Zilch wants to offer shoppers an alternative to "buy-now-pay-later" providers like Klarna, but does it solve the debt issue?