Search Results for "Klarna"
4 results for "Klarna"
Deals 4
Nordea Bank Linked to Potential Acquisitions of Avanza and Nordnet
Nordea Bank is reportedly exploring acquisitions of digital banks Avanza and Nordnet as part of a fintech-driven M&A wave in the Nordic region. The move would help Nordea adopt digital technology and counter competition from fintechs like Lunar, Klarna, and Revolut. This reflects a broader 2026 trend of traditional banks acquiring digital-first competitors.
Migrant Banking Platform Majority Raises $20M in Fifth Funding Round
Majority, a mobile banking platform serving migrants, raised $20 million ($12.5M equity, $7.5M debt) in its fifth funding round. The round was led by prominent fintech founders including Klarna co-founder Victor Jacobsson and iZettle co-founders, with follow-on from Avid Ventures, Valar Ventures, and Heartcore Capital. The funding supports the company's push toward profitability.
Klarna Launches Open Banking Platform Connecting Fintechs and 4,300 Banks
Klarna launched an open banking platform providing a single API that connects fintechs and banks across 14 European markets. The platform enables third parties to build integrated financial services by accessing infrastructure linked to 4,300 banks. This initiative laid critical groundwork for embedded finance in Europe.
Klarna Acquires Close Brothers' Consumer Financing Arm
Swedish BNPL and embedded payments fintech Klarna acquired the consumer financing arm of UK-based Close Brothers Group. The deal expands Klarna's embedded lending footprint in the UK market. This represents a fintech acquiring traditional bank-held consumer finance capabilities to bolster its embedded finance offerings.