Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
Cash App’s parent company Square is now officially a bank
A year after receiving Federal Deposit Insurance Corp (FDIC) approval, Square Financial Services, Square’s state-chartered industrial bank has begun operations.
Mexico-based Klar scores $15m in its Series A round
Mexico-based challenger bank Klar has reportedly bagged a $15m Series A funding round, which was led by Prosus Ventures.
NBA All-Star Baron Davis joins $9m funding round of family-focused FinTech UNest
UNest, a FinTech helping parents to invest in their children future, has scored $9m in its funding round which will support the launch of its new features.
UK FinTech Curve opens New York office ahead of its planned autumn US launch
The British all-cards-in-one solution provider Curve is planning to go across the pond in the fall and has taken a clear step towards it with the opening of its first US office.
Starling Bank enters “rocket ship mode†as the FinTech firm forecasts it will break...
Anne Boden, founder and CEO of Starling Bank, believes the challenger bank will break even by the end of next year as the company has doubled its users since 2018.
Accordion closes ‘significant minority investment’ from FFL Partners
Accordion, a private equity financial consultancy and portfolio management company, has received a ‘significant’ minority investment from FFL Partners.
Personal finance app SigFig secures $50m Series E
Personal finance app SigFig has secured a $50m Series E equity round led by growth equity firm General Atlantic.
SBI makes second FinTech investment of the week
SBI Holdings has closed its second FinTech deal this week, backing personal finance platform Movencorp.
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