August 6, 2025 – FintechDaily

Klarna Explores Possibility of Reviving Autumn IPO

Klarna is aiming to revive its initial public offering plans after pausing due to market volatility earlier this year. According to a memo reported by...

Latvian Fintech Startup Handwave Secures $4.2 Million for Palm Payment Solutions

Latvian fintech startup Handwave has secured $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US. The...

Alaan Secures $48 Million for Its Spend Management Platform

Alaan, a UAE-based AI-powered corporate spend management platform founded by former McKinsey consultants, has raised $48 million in Series A funding. Peak XV Partners (formerly...

Sainsbury’s Sells Its Travel Money Division to Fexco

UK supermarket group Sainsbury's is divesting its travel money business to Ireland's Fexco. Financial details of the transaction were not disclosed. Fexco will assume control...