Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Klarna's Charter Bid Tests the FinTech Banking Model
The Swedish company filed applications with both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp., seeking authority to operate a federally insured industrial bank in the United States. The company said Monday…
'Too much tax, too much regulation': Fintech chief warns on UK economy
The boss of one of the UK's fastest-growing fintech unicorns has warned the country risks “putting founders off” with overregulation and heavy taxation as speculation rises that the Labour government could make a major lurch to the…
Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Buy now, pay later pioneer Klarna applied to establish an FDIC-insured U.S. bank in Utah, a move that would allow the Swedish fintech to operate its own American banking subsidiary if approved. The filing signals a broader shift among fintech firms…
Klarna wants to become a bank. Here's what that could mean for millions of customers
The buy now, pay later fintech company Klarna wants to become a real bank. The Swedish company just announced its plans to establish a U.S.-based subsidiary known as Klarna Bank USA. If approved, the FDIC-backed bank would set up shop out of Utah.
Huw Jenkins: Newport County owner 'open-minded' on his future
Newport County owner Huw Jenkins is ready to sell up and walk away from the club if a new investor sought a complete takeover. Jenkins says he is open-minded about his future at County as he looks for fresh investment to help avoid another season…
From Energy Independence To Intelligence: Data As A Critical Resource
A.T.M. Rahat Mohammad is the Cofounder and Head of BD & IR for SPONSOR (SCOP), a climate fintech accelerating climate mitigation projects. For years, conversations about energy have centered on access, production and security. Nations have pursued…
There's an Urgent Sign of an Impending Market Collapse
Can't-miss innovations from the bleeding edge of science and tech For over a year now, sober-minded observers have warned that the AI bubble can't last for much longer. Unfortunately for everybody, it's managed to outperform even the most cynical…
Tuvoli, NATA and Embry-Riddle launch Inaugural AI Symposium for Business Aviation to guide Industry transformation
AISBA is designed to bring the business aviation community together around practical learning, candid discussion, and real-world AI applications, with programming around use cases, strategic considerations, and applied learning across a range of…
The New Face Of Global Payments: Onchain Consumer Finance Apps
Benedetto Biondi is the CEO of Folks Finance, a leading crosschain lending protocol in DeFi. We're used to everything in the world being globalized. Goods and services are traded internationally every day. Millions of people cross borders…
Retail Investors No Longer Want Exposure-They Want Optionality
Bill Capuzzi is the CEO of Apex Fintech Solutions, advancing digital custody, clearing, and wealthtech for the next generation. Today's retail investors aren't choosing a strategy and sticking with it. They're building portfolios around…
HOOD Stock Price Jumps as Robinhood Doubles Down on Crypto: Is $125 Next?
Robinhood Markets Inc. (NASDAQ: HOOD) is giving investors another reason to revisit its long-term growth story. After gaining nearly 4% in Friday's session, HOOD stock held firm around $113.30 in pre-market trading today as markets continued to…
Stock Market Today, July 6: Southeast Asian Mobility Upstart Grab Falls as Uber CEO Exits Board
Grab Holdings (GRAB 1.28%), a Southeast Asian super-app for rides, delivery, and financial services, closed at $3.85, down 1.28%. Shares fell after the company said Uber Chief Executive Dara Khosrowshahi stepped down from its board, as the company…
Young Americans Are Getting Prenups, Even If They Aren't Rich
Most couples wait until they're engaged to talk about prenuptial agreements. Michelle Kaiser brought it up on the fourth date. The 38-year-old, who works in fintech, had more complex investments than her future husband, including derivatives and…
Nu Holdings Stock: Soaring NII Growth, Profitable And Cheap (NYSE:NU)
The Asian Investor 32.67K Followers Nu Holdings is rapidly expanding in Latin America, driving strong net income growth and customer monetization through credit portfolio expansion. NU trades at a deeply discounted 11.8x P/E, well below both U.S.
SA banks back Bridgement with R330m to fuel AI-driven loans
Rand Merchant Bank and Standard Bank have backed SA fintech Bridgement with R330 million to expand services. Rand Merchant Bank (RMB) and Standard Bank have backed SME-focused fintech Bridgement with R330 million to expand its online AI-powered…
Receive a Daily briefing on Fintech Industry News
Get Started