Klarna Faces Increased Losses but Expands US Presence
Klarna reported a net loss of $53 million in Q2 2023. Restructuring charges and compensation expenses impacted financial performance. Revenues…
ECommerce Surges as Payments and Data Shift in New Directions
ECommerce began with a Sting CD purchase 31 years ago. New models focus on blending payments seamlessly into users' lives.…
UK Fintech Zilch Sees Revenue Surge with New Customer Acquisitions
Zilch's revenue doubled in 2025, aided by customer growth and product development. Transaction and advertising revenues rose by 81 percent,…
Riva Money Revolutionizes Cross-Border Payments with $3M Pre-Seed Funding
Riva Money raised $3 million for streamlining cross-border payments. Riva integrates blockchain and stablecoins for efficient money transfers. Funding supports…
Stablecoin Growth Threatens Bank Lending Landscape
Stablecoins strain banks by redirecting funds, diminishing traditional bank lending. The Federal Reserve highlights future growth impacts backed by major…
Fintech Investments Decline Despite Strong Deals in UK
UK fintech investment dropped 5%, totaling $7.2 billion in 2025’s first half. Deals by Rapyd Financial Network and FNZ highlight…
JPMorgan Analyzes Plaid’s Future in FinTech Landscape
JPMorgan focuses on FinTech, starting analysis on Plaid Inc. Plaid sees growth but faces potential regulatory and market risks. Changes…
Brex Expands Services to European Markets, Opens Netherlands Office
Brex acquires EU license, expanding corporate services in Europe. The company progresses with a phased rollout, aiming full EU operations…
Financial Conduct Authority Overhauls Payment Firm Safeguards
FCA introduces new rules to safeguard customer funds in payment firms. Implementation is set for May 2026, focusing on fund…
Zempler Bank Boosts Profits Amid Microbusiness Focus
Zempler Bank's profits rose 58% to £5.2 million by March 2025. Customer deposits increased 15% to £626 million, reflecting user…
