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Monday, August 3, 2020

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Curve is set to raise £100m in the upcoming Series C

Curve has managed to overcome the Wirecard struggle and now is looking to raise fresh capital, according to Sifted.

TransferWise hits $5bn valuation

TransferWise early investors sold some of their stakes in a $319 million secondary deal. With that, the value of the company was estimated at $5bn.

Curve hires former PayPal exec Scott Weller as first CFO

The former Finance Director from PayPal has been hired by UK-based card and mobile app provider Curve to act as its first chief financial officer (CFO).

Klarna has tightened lending during the lockdown

Buy now, pay later service Klarna has seen a boom in business during Britain's lockdown. However it tightened its rules on lending as a result of the financial uncertainty caused by the UK’s lockdown.

The story of the ‘World’s most wanted man’ Wirecard’s Jan Marsalek

Jan Marsalek, who was Wirecard’s chief operating officer, is one of the current world's most wanted men. He is now supposed to be in Russia, in a GRU safehouse west of Moscow, after Bellingcat reported he was present in Minsk two days ago.