Your Daily FinTech Podcast - June 10th, 2022

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. This podcast episode is sponsored by Provenir. Provenir does more than help with your current tech challenges. They eliminate them. Designed and built to power agility, their cloud-native technology puts your team in control. Loved by Startups. Trusted by Decacorns. THE NEWS HIGHLIGHT OF THE DAY IS Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million. JUST IN: Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it the last major financial services firm taking the plunge into crypto. ALSO: Marqeta announced that Western Union will support their next generation real-time, multi-currency digital wallet and digital banking platform in Europe. WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS? Juni is announcing $206 million in funding London-based Codat announced it has raised $100M in a series C round of funding. Nigerian fintech startup Indicina announced a US$3 million funding round to accelerate its expansion into other African markets. FlexiLoans.com has raised around $90 million in series B funding Indonesian cryptocurrency exchange Pintu has raised $113 million in a Series B funding round Fruitful is emerging from stealth, announcing a total of $33 million in equity funding raised across a seed and Series A round over the past 18 months. Knock announced the closing of its previously announced $220 million funding round. Backbase raised €120 million in growth equity funding from Motive Partners.