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Monedo Files For for Bankruptcy; Klarna Hits $10.65B Valuation; Affirm Raises $500M; Razer, Gaming Hardware Maker, Aims to Build a Bank
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Monedo Files For for Bankruptcy; Klarna Hits $10.65B Valuation; Affirm Raises $500M; Razer, Gaming Hardware Maker, Aims to Build a Bank

Weekly FinTech Digest | Week 38

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Linas Beliūnas
Sep 18, 2020
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Monedo Files For for Bankruptcy; Klarna Hits $10.65B Valuation; Affirm Raises $500M; Razer, Gaming Hardware Maker, Aims to Build a Bank
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This week (14-18 September) was yet another interesting week in FinTech this year. A German FinTech Monedo once backed by PayPal investor Peter Thiel, has filed for bankruptcy after failing to recover from the economic effects of the Coronavirus pandemic; Affirm, Max Levchin's buy now, pay later credit card alternative, has raised $500 million in a Seri…

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