FinTech, GreenTech and Sustainability: The Latest Technology News in Europe

We read the News so you don’t have to. Here are a few of the latest Fintech, GreenTech and Sustainability news of the past few days.
By Alicia Bock Grava – Senior Tech Recruiter – Stelfox International Division

Stockholm-based Klarna has recently announced a fresh injection of $1 billion in an equity funding round. This cool pile of cash is expected to accelerate international expansion and further capture global retail growth. This 4x oversubscribed round included a combo of new and existing investors, and closed at a valuation of (are you sitting down?) $31 billion. This thus makes Klarna the highest-valued private fintech company in Europe, and the second-highest worldwide, rivalled only by Stripe. Click here for the full article

Mastercard ex-chief plans to invest $100m+ fund into Europe’s payment startups. Javier Perez’s new fund, Global PayTech Ventures, holds north of $100m in assets. As a result, the fund could help drive another generation of world-class European payment startups. Click here for the full article

Climate data: the new key for finance decision making. According to the UN, globally, we need to invest between $5 and $7 trillion per year to achieve the Sustainable Development Goals (SDGs) to combat global challenges such as climate change – far from the estimated $3 trillion per year currently discussed. Click here for the full article

Working conditions and sustainable work: An analysis using the job quality framework. On average, workers in the EU enjoy better working conditions today than at the beginning of the millennium. Working time quality has clearly improved, but also the physical environment is better, especially where it counts most: in occupations with high exposure to physical risks. Click here for the full article

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