FinTech
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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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Finance
Britain at risk of losing ground to rival fintech and crypto hubs, execs warn
Workers cross a junction near the Bank of England (BOE) in the City of London, UK, on Tuesday, April 8,…
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Finance
UK announces draft rules for crypto industry, touts greater collaboration with U.S.
Romain Costaseca | Afp | Getty Images LONDON — Britain on Tuesday published draft legislation for the cryptocurrency industry, touting…
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Finance
SoFi CEO says fintech bank is bringing back crypto investing
Anthony Noto, CEO of SoFi. Adam Jeffery | CNBC SoFi CEO Anthony Noto said the fintech bank will bring back…
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Finance
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019. Pedro Nunes | Reuters LONDON —…
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Finance
Bunq, a neobank for ‘digital nomads,’ accelerates U.S. expansion effort as profit jumps 65%
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some…
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Finance
Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion
Jakub Porzycki | Nurphoto | Getty Images Ripple on Tuesday said that it’s agreed to buy prime brokerage firm Hidden…
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