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Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

TechCrunch

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. It is live in Sweden, U.K.,

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Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden.

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Celebrity video platform Memmo raises $10M

TechCrunch

The concept probably reminds you of Cameo (indeed, Carole Baskin of “Tiger King” fame has a presence on both platforms), but while Cameo is U.S.-based, “We want to be the place where you can find everyone from world famous talents like a soccer or basketball star, to the local musician down the road,” he said.

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Klarna launches new Klarna Kosma division for its open banking platform

TechCrunch

Klarna now wants to compete directly with Tink with a new business unit that has its own brand — Klarna Kosma. Tink and Klarna are also both headquartered in Stockholm, Sweden. With this new strategy, Klarna is essentially saying that it’s open for business. billion ($2.15 billion at the time of the deal).

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Billogram, provider of a payments platform specifically for recurring billing, raises $45M

TechCrunch

Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy and sell in-person went cash-free.

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Bitpanda obtains German crypto license as crypto platforms want to prove they are legit

TechCrunch

Bitpanda says it is the first European retail investment platform that meets these requirements. As Bitpanda wants to grow its white-labeling business , these licenses are key advantages when it comes to signing partnerships with other European fintech companies. -based company.

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Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

Along with that news, it’s launching a crypto trading platform and B2B payments for its small and medium business customers. That number has now grown to 500,000 across a footprint that includes Denmark (its home base is in Copenhagen), Sweden and Norway. The new services join a swelling list of offerings for its users.