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Klarna, Northzone invest EUR 300 mln in European fintech companies

Wednesday 7 September 2016 09:00 CET | News

Klarna investor Northzone has announced a EUR 300 million venture capital fund to invest in early-stage European fintech companies.

A special interest Northzone has is in the’“second wave’ of fintech companies, ones that are addressing topics around compliance, as well as insurance sector.

Northzone is interested in mobile-first models, ecommerce, fintech and B2B software-as-a-service. Northzone’s fintech portfolio includes mobile payments firm iZettle and online payments processor Klarna, plus Market Invoice.

Northzone also invested in Auka, formerly mCash, a white label service that helps financial institutions launch their own mobile payments services.


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Keywords: Klarna, Northzone, investment, Europe, fintech, startup, online payments, SaaS
Categories: Payments & Commerce
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Countries: World
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