Fintech

Walletmor Shipped Over 1,000 Payment Implant Orders To Consumers

The world of payments continues to shift and evolve. Paying through an implant in one's hand or wrist seemed futuristic…

3 days ago

Scotland Wants To Create Over 20,000 Fintech Jobs By 2032

Scotland aims to strengthen its position in the fintech industry. Through its new event series, the country aims to establish…

7 days ago

Crypto-focused Digital Bank Nuri Filed For Insolvency But Plans A Restructuring

When it rains, it often pours in the cryptocurrency industry. Nuri, a German crypto-oriented financial institution, has filed for insolvency.…

1 week ago

UK Challenger Bank Dozens Shuts Down As Money Flows Dry Up

The fintech landscape has grown relatively challenging for many participants. UK challenger bank Dozens is the latest outfit to wind…

1 week ago

Bank of Thailand Will Run Its CBDC Trial Later This Year

Central bank digital currencies, or CBDCs, are an intriguing albeit immature concept. Various central banks want to experiment with issuing…

2 weeks ago

Robinhood Lays Off Hundreds Of Employees And Begins Hierarchy Crunch

In an unsurprising turn of events, Robinhood will fire nearly a quarter of its employees. The decision is the latest…

2 weeks ago

Aussie Neobank Up Bank Launches A BNPL Improvement To Thwart Impulse buying

Banks and financial institutions closely watch the BNPL space. Some even come up with alternative solutions as the popular concept…

2 weeks ago

Apple’s BNPL Venture Attracts Scrutiny From The CFPB

Apple is one of the few technology giants exploring the BNPL space. Although the plans have not been finalized, the…

3 weeks ago

HSBC UK Focuses On Gender Inclusion By Removing Unnecessary Data Collection From Products & Services

HSBC wants to do its part in closing the gender gap. The UK arm of the bank wants to stop…

3 weeks ago

Neon Bangs Big On Credit Card-Focused FIDC

Brazil remains a very intriguing region for payment innovation. For example, Neon, a digital bank, wants to launch a Credit…

4 weeks ago

Interoperable QR Codes In Southeast Asia Remove Need For US Dollar As Intermediary Currency

Paying with QR codes has become the norm in most Southeast Asian countries. However, there is little or no interoperability…

4 weeks ago

H1 2022 Has Been Brutal For Publicly-Traded Fintechs

The fintech industry is subjected to a rude awakening where top-tier firs are concerned. Close to half a trillion US…

1 month ago

Stripe is The Latest Fintech Darling To Take A Valuation Haircut

The problems continue to mount in the finance and fintech sector. Payment processing giant Stripe is the latest firm to…

1 month ago

Zip Is The Latest BNPL Provider Leaving The UK

Another BNPL player looks to exit the UK market in a surprise development. Zip, an Australian buy now, pay later…

1 month ago

eToro And Fintech V Cancel Their Merger IPO Due To External Circumstances

Many people were surprised when eToro Group canceled its initial public offering this week. The initial plan involved merging with…

1 month ago

Aussie BNPL Provider Openpay Abandons US Operations Over Lack of Investor Interest

Even though BNPL solutions are all the rage today, there will be hurdles to overcome. Openpay, the Australian BNPL outfit,…

1 month ago

Irish Fintech Outfit Will Create 100 New Jobs By March 2024

In times when nearly all finance and fintech firms are laying off people, Money Jar creates a beacon of hope.…

2 months ago

Klarna May Raise Extra Funds At A Nearly 84% Valuation Haircut

It has been brewing for a while now, but Klarna is raising additional funding to keep its business afloat. Unfortunately,…

2 months ago

Finastra Launches Its Native BNPL Alternative In The US

The success of Buy Now, Pay Later (BNPL) cannot be underestimated. However, there is room for alternative solutions, such as…

2 months ago

Amount Is The Latest Unicorn To Significantly Cut Its Workforce

Things remain very tough in the finance and fintech industry. Various companies are forced to lay off employees, and Amount…

2 months ago

Kasheesh Lets US Consumers Split Online Payments Across Credit, Debit, And Gift Cards

Online payments lend themselves to ongoing innovation and new ideas. Kasheesh intends to let consumers split their online payments across…

2 months ago

Revolut Experiments With “Responsible” BNPL In Ireland

Revolut has big plans to roll out Buy Now, Pay Later (BNPL) solutions across the European market. However, the company…

2 months ago

GhanaPay Wants To Help Modernize The Banking Sector In Ghana

Mobile wallets are widely considered a go-to tool in the Western world. In the rest of the world, things are…

2 months ago

Canada’s Wealthsimple Will Lay Off 13% of Its Staff After Growing Too Fast

It continues to rain layoffs in the finance industry. Wealthsimple, the Canadian digital wealth platform, will lay off 13% of…

2 months ago

Bank-backed Blockchain Outfit We.Trade Is Shutting Down

It is a very rough time for the cryptocurrency industry ad its service providers. We.Trade, a bank-backed blockchain consortium for…

2 months ago