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
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…