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PayPal backs Swedish financial tech startup Tink
PayPal Holdings Inc has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and financial technology startups to access financial data more easily, the companies said on Tuesday. The San Jose, California-based payments company will use Tink’s technology to allow customers to connect their bank accounts to their PayPal accounts, the firms said. Tink will use the funding to expand its team, build new products and connect to more banks, it said. The company had last raised 56 million euros ($62.7 million) in February from investors including Insight Venture Partners and the venture capital arms of banks Nordea and ABN Amro Group NV. (Fonte: Reuters)
LevelTen Energy raises $20.5 million for its renewable energy marketplace
LevelTen Energy, a marketplace that consolidates renewable energy projects and potential buyers to lower prices for aggregated buyers and expand the market for sellers, has raised $20.5 million in a new round of funding. Investors in the round included the venture arms of utility and energy companies like Constellation Technology Ventures (the investment arm of Exelon Corp.), Equinor Energy Ventures and Total Ventures. The financing was led by Prelude Ventures, with participation from other financial investment firms including Element 8 Fund, Founders’ Co-op, Techstars Ventures and Wireframe Ventures. (Fonte: TechCrunch)
Carrefour says blockchain tracking boosting sales of some products
French retailer Carrefour SA has seen sales boosted by the use of blockchain ledger technology to track meat, milk and fruit from farms to stores and will extend it to more products to increase shopper trust, an executive said on Monday. Carrefour has launched blockchain information for 20 items including chicken, eggs, raw milk, oranges, pork and cheese, and will add 100 more this year with a focus on areas where consumers want reassurance, like baby and organic products. (Fonte: Reuters)
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