Daily Fintech Podcast - March 1st, 2022

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Welcome to another episode of our Daily Fintech Podcast.

This podcast episode is sponsored by Uncover, the new podcast by ComplyAdvantage. Join CEO Charles Delingpole and his team as they interview compliance leaders, FinTech innovators, and financial crime experts to uncover the latest best practices and industry trends. Subscribe on Apple Podcasts or Spotify today

THE NEWS HIGHLIGHT OF THE DAY IS

Zip Co has entered into a merger agreement with US-based rival Sezzle, valuing the target at approximately $491 million.

FURTHERMORE,

Discovery Limited released interim financial results for the six months to December 2021, with group chief executive and founder Adrian Gore saying that the shared-value insurance model ensured Discovery’s resilience during a tough period.

WHAT ABOUT FUNDING ROUNDS AND INVESTMENTS?

LEASY has secured $2 million in equity and $15 million in debt.

Savvy Wealth announced that it closed on $7.3M in seed funding co-led by Index Ventures and Thrive Capital.

Canza Finance announced the completion of its $3.27M seed round.

NOW, LET’S COVER NEW LAUNCHES AND FEATURES.

Retailers will be able to showcase their latest and best deals directly to Buy Now, Pay Later (BNPL) shoppers thanks to a new deals feature introduced to the Zip Co app.

Coinbase is adding support for Ledger hardware wallets to Coinbase Wallet extension, providing an additional layer of security and greater peace of mind for their users.