Klarna Revenue Rises but Doubles Its Losses
Klarna's revenue increased to $701 million, showing a 13% growth. The fintech faced escalating losses, reaching $99 million in Q1.…
Unique Father’s Day Gifts for Finance-Savvy Dads
Finance-themed gifts offer originality for Father's Day celebrations. Items combine nostalgia with modern technology for engaging experience. Gifts foster appreciation…
FinTech Surge Sees Chime IPO and eToro’s Stock Debut Propel Market
Chime files IPO seeking a significant digital banking market share. eToro lists on Nasdaq, seeing remarkable investor interest and stock…
Bank Executives Urge Reform of Strenuous Regulatory Hurdles
Banking executives highlight regulatory obstacles hindering market entry. Historical data shows fewer new banks due to rigorous requirements. Legislation seeks…
Lithic Enables FinTechs to Issue Cards on American Express Network
Lithic expands its platform with the American Express network for FinTechs. The expansion simplifies card issuance and offers varied payment…
Amsterdam’s GoDutch Raises €1.2M with Entrepreneur-Focused Fintech
Amsterdam's GoDutch secures €1.2M for fintech advancement to aid entrepreneurs. Funding will enhance product features and broaden marketing in the…
Zopa Bank Secures £80 Million Through London Stock Exchange Bond Listing
Zopa Bank raises £80 million through a bond listing on the LSE. Investor interest is evident from oversubscription with 20…
CFPB Withdraws Legal Action Against Walmart and Branch
CFPB dropped its lawsuit against Walmart and Branch relating to worker accounts. The case focused on financial practices in Walmart's…
Bank of America Expands Its Presence with 150 New Branches
Bank of America plans 150 new branches by 2027. Expansion aims to enhance physical presence and client services. Digital banking's…
Byline Bank Boosts Embedded Finance with Strategic Hires
Byline Bank expands its payments and FinTech division with new hires. David Prochnow and Joe Wolsfeld lead the new team,…
