FinTech Magazine - August 2021 | Page 13

3 SWEDEN

Klarna joins two leading climate change programmes

4

SINGAPORE
Singapore FinTech Association launches new networking club
Klarna had already pledged to implement decarbonisation strategies in line with the Paris Agreement . To realise that ambition , the global retail bank , payment solutions provider , and shopping service has announced it is joining The Climate Pledge and the Race to Zero campaign .
The SFA announced the launch of a new SG FinTech Club , which will act as a networking hub among local fintechs based in Singapore . More than 1,400 fintechs are based in the citystate , employing an estimated 10,000 people and accounting for 13 % of its GDP in 2020 .

5 THE PHILIPPINES

Voyager Innovations raises US $ 167mn in funding for PayMaya
Voyager Innovations has reportedly netted $ 167mn in an investor funding round for its Manila-based fintech PayMaya . The raised capital will be used to speed up its expansion plans , which include obtaining a digital banking license from the Philippines Central Bank . fintechmagazine . com 13