Business
New Regulations Reinvent Digital Assets’ Role in U.S. Banking System
Regulatory amendments position digital assets for mainstream banking inclusion. New York's revised…
Startup
Fintech
Klarna Moves to Establish US Presence with Banking Licence Application
Klarna is pursuing a US banking license to expand its operations. The company aims to switch from partner banking to direct service provision. CEO stresses commitment to transparency and consumer…
Stoa Secures Funding to Elevate Cash Management Rewards Platform
Stoa raised $2.4 million for its cash management platform. The platform offers upfront rewards on fixed-term "Stoa Pots". Expansion plans…
Starling Bank Cuts Jobs to Boost AI Strategy and Efficiency
Starling Bank to cut 130 jobs for operational efficiency and AI focus. AI financial assistant introduced to enhance customer financial…
Exchanges Clash with Stablecoins as Roles Shift in Cryptocurrency
Stablecoins and exchanges previously collaborated, now their roles are diverging. Open USD debut shows this shift, gaining participants and market…
Thredd and Cross River Boost FinTech U.S. Entry
Thredd partners with Cross River to assist global FinTechs entering U.S. market. Collaborative efforts focus on compliant and streamlined processes for market entry. Personnel changes at Thredd align with technological…
Qonto and Pennylane Compete for SME Market Share
Qonto and Pennylane target SMEs with distinct fintech solutions. Both companies expand product offerings to gain European market share. E-invoicing…
N26 Achieves First Full-Year Profit After Overcoming Challenges
N26 reports full-year profit with increased revenues and customer growth. New CEO Mike Dargan leads strategic realignment after managerial changes.…
Green Dot Advances with Banking and FinTech Split
Green Dot shareholders approve the banking and FinTech separation. Smith Ventures to privatize Green Dot's FinTech business. The embedded finance…
