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Welcome to Techcrunch Fintech!
This week, we look at the fintech heavyweight, such as the clarna and Stripe, which is designed into their crypt strategy, planning IPOs, one of the fintech’s Super Bowl ad, Stripe’s new start -up and venture capital, and much more !
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The great story
CEO of Klarna, Sebastian Siemiatkowski, and on February 8 Post x that he and clarna “embrace the cryptography. “” Swedish shopping now, Pay’s later giant is also said to plan an initial public offer in April aimed at $ 15 billion in evaluation of Financial times-Despite the fact that it would be about one-third lower than its $ 45.6 billion in 2021, it remains “one of the biggest lists of the year,” Ft announced. Klarna was estimated at $ 6.7 billion when 2022 He raised $ 800 million.
Dollar and cent
KaznaAn Egyptian fintech starting company offering financial services for low and medium -sized workers has recently provided $ 16 million in pre -series B funding and has made full funding at more than $ 63 million.
Rapyd financial network It strives to raise $ 300 million in a new funding round, which appreciates the global payment platform to $ 3.5 billion, which is significantly reduced compared to the $ 2021 rating of about $ 9 billion.
Fintech-tourned-hr clothes Part tries to formulate the base of an IPO. On February 4, he claimed that the annual revenue interest rate had risen to $ 800 million in 2024 after increasing by 70%. In addition, it sold $ 300 million in secondary shares to General Catalyst and an anonymous “sovereign investor”.
Super -logicA start -up company to help consumers apply reward points to experience such as Courtside Tickets to NBA Games, $ 13.7 million with $ 200 million.
Lighter picture BenchFall appears due to the newly released bankruptcy– Records show that a Canadian-based start-up company, which offered ironically enough cloud accounting software to small businesses, has consistently fought to achieve profitability. It burned $ 135 million from its 2012 foundation to September 2024. At the time of the collapse, the bench was forced to close because of a “liquidity crisis”, according to the records. The company has since been purchased by Employment.com. However, bench’s bankruptcy offers a window in the dangers of too much debt for start -up businesses. Charles Rolllet looks at.
Strip He closed the $ 1.1 billion purchase of the Stablecoin platform – indicating the largest acquisition of the payment giant so far and the cryptographic tangible pressure.
In the other Stripe News, Techcrunch learned that the payment giant has prompted Asya Bradley to serve as start -ups and a venture capital partner. Bradley had previously played revenue roles in Synapse and Sila. The LP of Ganas Ventures and the Cowboy Ventures Venture Funds.
The star of Philadelphia Eagles, who runs Saquon Barkley, has not only become an investor of fintech start RampBut he was the star of the company’s first Super Bowl commercial.
High -interest headquarters
The leader of the US Consumer Financial Guard (CPFB) tells all employees to stop workingTo day after the Trump administration closes the office of the office for a week.
Plaid works with Goldman Sachs when he raised a tender for $ 300 million and $ 400 million
Thank you for reading it! Until next week … Follow me on X @Bayareawriter For fintech news, coffee and much more.
