FinTech
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Finance
Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in…
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Finance
Klarna CEO wants to turn the platform into a ‘super app’ with help from AI
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
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Finance
UK finance watchdog teams up with Nvidia to let banks experiment with AI
Jakub Porzycki | Nurphoto | Getty Images LONDON — Britain’s financial services watchdog on Monday announced a new tie-up with…
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Finance
Klarna takes on banks with debit card as it diversifies beyond buy now, pay later
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end…
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Finance
Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue
The Starling Bank app displayed on a person’s phone. Adrian Dennis | AFP via Getty Images LONDON — British online…
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Finance
Personal finance app Monarch raises $75 million despite ‘nuclear winter’ for fintech startups
Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino. Courtesy: Monarch The personal finance startup Monarch has raised…
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Finance
Klarna doubles losses in first quarter as IPO remains on hold
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
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Finance
UK clamps down on ‘wild west’ of buy now, pay later sector with new rules
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end…
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Finance
EToro IPO filing cites Israel-Hamas conflict as potential business risk
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May…
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Finance
Fintechs that raked in profits from high interest rates now face resilience test
The app icons for Revolut and Monzo displayed on a smartphone. Betty Laura Zapata | Bloomberg via Getty Images Financial…
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