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

TechCrunch

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. Initially, Juni will make money on interchange fees (minus the cashback it offers) and by charging a subscription in the best SaaS tradition. million in seed funding.

Marketing 119
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Making sense of Klarna

TechCrunch

In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me.

Sweden 143
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Klarna confirms new $31B valuation

TechCrunch

Klarna , the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. It has a range of licensed banking services, such as savings and current accounts, in Sweden and Germany , with more countries to follow.

Sweden 107
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Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

The startup has raised €70 million ($77 million at today’s rates), at what I understand from a person close to the company to be a $2 billion post-money valuation. That number has now grown to 500,000 across a footprint that includes Denmark (its home base is in Copenhagen), Sweden and Norway.

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Star’s launch means lots of new content for Disney Plus — but not in the US 

The Verge

If you’re an international Disney Plus customer who lives in the UK, Ireland, France, Germany, Italy, Spain, Austria, Switzerland, Portugal, Belgium, Luxembourg, the Netherlands, Norway, Sweden, Denmark, Finland, Iceland, Australia, New Zealand, or Canada — the regions that will get access to Star starting today — that’s great news.

Content 80
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Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023

TechCrunch

At the start of this year, Sono announced that it would license its solar body panel technology to other companies and named electric autonomous shuttle company EasyMile as its first customer. Sono has partnered with National Electric Vehicle Sweden (NEVS) to produce the vehicles in its former Saab factory.

Public 82
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Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

TechCrunch

With fragmented and unresolved distribution and digital payments ecosystems, game studios have found it difficult to serve African consumers and make a ton of money doing so. It also handles localization, distribution, user acquisition, monetization, customer experience for studios and licenses their games on exclusive, long-term contracts.

Game 98