BERLIN (Reuters) - Deposit Solutions, a German fintech firm backed by Silicon Valley investor Peter Thiel, is launching its savings portal in the United States as it seeks a slice of the $16 trillion market for deposits in the world’s biggest economy. The nine-year old startup’s platform will enable savers to build a portfolio of deposits, while banks can broaden their funding sources without having to go through a broker, CEO and founder Tim Sievers told Reuters on Tuesday. Deposit...

BERLIN, March 4 (Reuters) - Klarna, Europe’s most valuable fintech company, said on Wednesday that China’s Ant Financial Services Group had taken a small stake in it as the two strengthen their online shopping partnership. The Swedish ‘buy now, pay later’ app is already embedded in AliExpress, the international shopping platform run by e-commerce giant Alibaba Group, an affiliate of Ant Financial. “The current partnership where Klarna payments are available in AliExpress should now expand to...

BERLIN (Reuters) - Swedish financial technology company Klarna plans to launch in Australia and other markets in 2020 after a strong start for its ‘buy now, pay later’ service in the United States, CEO Sebastian Siemiatkowski told Reuters. Klarna, which was valued at $5.5 billion in an August funding round that raised $460 million, is also beefing up a key tech hub in Berlin as it extends its coverage and introduces new products for users and merchants. “We are winning a new merchant every...

FRANKFURT (Reuters) - Online payments firm Klarna, which has attracted a growing following with its “buy now, pay later” service for shoppers, said on Tuesday it had raised $460 million in a funding round that makes it Europe’s most valuable fintech startup. FILE PHOTO: People gather in Klarna office in Stockholm, Sweden February 17, 2016. REUTERS/Mia Shanley/File Photo Investors led by San Francisco-based Dragoneer Investment Group put new money into the Swedish company, giving it a...