Financial

Klarna collates $1bn
The instalment finance provider, which counts several corporates as investors, almost tripled its valuation to $31bn in the round.
RecargaPay racks up $70m in series C
Experian helped the mobile payment services provider pass $100m of total funding, participating in a round that will support hiring and product development.
JCB unearths Net Protections stake
The Hakuhodo DY, Ricoh Leasing and Orix-backed B2C e-commerce payment service has received $56.4m from JCB at a $551m valuation.
Bottlepay gets $15m poured in
New York Digital Investment Group was among the investors in the Bitcoin payment service’s seed round, which valued it at $71m.
BRI Ventures accelerates with startups
BRI's Sembrani Wira accelerator, which counts Fazz Financial as a partner, has selected nine startups for its first cohort.
Corporate venturing deal net: 22-26 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Coinbase confirms direct listing plans
BBVA, NTT Docomo, USAA and New York Stock Exchange will have the option to sell shares in the digital currency trading platform at a possible $100bn valuation.
Zanbato zooms towards funding
JP Morgan has become the first strategic bank investor in the securities trading platform provider.

Other News

Borrowell bags $25m
IA Financial Group, Equitable Bank and National Bank of Canada all took part in the latest round for the financial education platform provider.
JG Summit calls Tyme for $110m round
JG Summit Holdings participated in a series B round for the digital banking network and will help it apply for a licence in the Philippines.
Marqeta makes way to IPO stage
Commerzbank, Visa and CreditEase could be in line for exits after the card issuing platform developer confidentially filed to go public at a possible $10bn valuation.
Varo banks $63m
The Progressive-backed digital banking technology provider has now secured at least $482m in total, with Russell Westbrook Enterprises leading its latest round.
Promise navigates to $20m
The Bumble and Roc Nation-backed bill payment platform developer secured series A cash that pushed its overall funding to about $30m.
Ikea unpacks Ikano Bank deal
Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.

Editor's Picks

Klarna collates $1bn
The instalment finance provider, which counts several corporates as investors, almost tripled its valuation to $31bn in the round.
Robinhood takes $3.4bn from existing investors
The Alphabet and Roc Nation-backed share trading platform operator reportedly secured the equity funding together with up to $600m in debt financing.
Visa releases Plaid from acquisition agreement
The $5.3bn purchase agreed a year ago would have enabled Alphabet, Mastercard, Citi and American Express to exit the banking software producer.
SoFi's valuation soars in reverse merger deal
SoftBank and Renren-backed online financial services provider SoFi will list on the New York Stock Exchange at an $8.65bn valuation double that of its last round.
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