Daily Fintech Newsletter | Feb. 17th, 2021
Hi!
In case you missed it, please see below today's most relevant fintech news.
iwoca, one of Europe’s largest small business lenders, announced a UK-first integration with leading small business platform Xero. Integrating iwocaPay – iwoca’s invoice checkout – into Xero’s platform, will for the first time provide small businesses with a Pay Later option for their business customers. As part of this new integration, iwocaPay will be directly accessible in Xero. Small business owners can add this feature to their Xero invoices and by doing so get them easily and digitally reconciled, whilst at the same time offering attractive payment options to their customers. Link here.
Tillit, a fintech startup that is building something akin to buy now, pay later for B2B purchases, looks set to become Sequoia Capital’s next European investment. According to multiple sources, the Silicon Valley VC — which recently expanded to Europe with an office in London — is backing a €2.5 million round in the Oslo, Norway-based company, alongside seed investors LocalGlobe and VisionariesClub. Sequoia and LocalGlobe declined to comment. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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