https://techcrunch.com/2021/01/25/alma-raises-59-4-million-for-its-klarna-like-payment-option/

41 0

French startup Alma is raising a $59.4 million Series B funding round (€49 million). The company has been building a new payment option for expensive good. You can choose to pay over three or four installments. This product sounds familiar if you’ve used Klarna in the past. But Klarna isn’t available in France. Cathay Innovation, Idinvest, Bpifrance’s Large Venture fund, Seaya Ventures and Picus Capital are participating in today’s funding round. In addition to today’s equity round, Alma is raising a credit line of $25.5 million (€21 million) to finance merchant payments. What makes Alma attractive to merchants is that the startup is handling 100% of the risk involved with a payment over ... Full story

25 January

wait