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Klarna inks major deal with UK retailer Arcadia

Swedish payments startup Klarna is inking a deal with UK retail conglomerate Arcadia to bring a “buy now pay later” offering to its e-commerce channels.

iZettle buys Scottish POS startup to beef up SME offering

Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.

Northzone closes new $335m fund for European FinTech

Northzone, a Scandinavian VC firm that’s backed FinTech startups including iZettle, MarketInvoice and Klarna, has raised €300m ($335m) for its new fund.

Nordea looks for AI and blockchain in new accelerator

Swedish financial services group Nordea is selecting startups for its second accelerator programme from a long list of 35 teams.

Bankrupt KnCMiner finds buyer in GoGreenLight

Bankrupt bitcoin mining conglomerate KnC Group has sold its KnCMiner subsidiary to fellow Swedish company GoGreenLight.
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