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Today In Payments Around The World: EBANX Lands $430 Million Investment; Klarna Launches Tool For European Retailers

Today In Payments Around The World: EBANX Lands $430 Million Investment; Klarna Launches Tool For European Retailers

June 15, 2021 at 10:36PM
by PYMNTS

In today’s top payments news around the world, EBANX has notched a $430 million investment from Advent International, while Klarna is rolling out a new Comparison Shopping Service (CSS). Plus, Hims & Hers will buy United Kingdom-based Honest Health.

Advent Backs Brazilian FinTech EBANX In $430 Million Deal

EBANX, the Brazilian FinTech, has captured a $430 million investment from Advent International. EBANX said it has helped firms like Uber, Spotify, Shopee, Alibaba and Amazon conduct business with over 70 million Latin American individuals throughout 15 nations by way of its platform.

Klarna Rolls Out Google CSS Tool For European Retailers Save

Klarna is launching a new Comparison Shopping Service (CSS) offering to help its European partner merchants bolster their return on Google ads. To that end, Klarna CSS is rolling out in 21 markets throughout Europe and aims to help merchants with bolstering their customer reach and powering traffic from high-intent customers.

Hims & Hers To Acquire Honest Health, Expand UK Foothold

Hims & Hers, a multispecialty telehealth company, will buy United Kingdom-based Honest Health, which works in the hair-loss-related product business. “Adding Honest Health to our family not only perfectly aligns with our mission but also unlocks new category and geographic opportunities to even further accelerate growth,” Hims & Hers CEO and Co-Founder Andrew Dudum said in a press release. “We are thrilled to have the Honest Health team join the Hims & Hers family.”

InMobi’s Glance Acquires Shop101 For Live Social eCommerce In India

India-based Glance, which is owned by InMobi, has purchased eCommerce reseller Shop101 to further live social selling in the nation. Terms of the deal were not made known. Glance attained unicorn status late last year. The firm provides smartphone content and videos via its Roposo platform. Shop101 was established by Kalpak Chhajed, Aditya Gupta and Abhinav Jain.

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