Starling Bank’s Profits Drop as Regulatory Issues Bite
Starling Bank's profits fell by 26% due to regulatory issues. Revenue increased to £714 million despite these financial challenges. It…
Velocity Secures $10M to Revolutionize Digital Finance Platform
Velocity's $10M funding targets a new, innovative finance operating system. Industry veterans lead the charge with strong investor backing. Integrating…
Open Banking Struggles to Compete with Rising Card Payments in the UK
Open banking lags behind traditional card payments in usage across the UK. Consumer awareness of the technology remains a significant…
Pagaya Expands in Lending by Boosting BNPL Bonds
Pagaya issues $300 million in bonds for Klarna's BNPL loans. J.P. Morgan and Atlas will manage the bond sale. Pagaya…
Papaya Global Rolls Out New Platform to Streamline Contingent Workforce Payments
Papaya Global's Contingent OS enhances management of global workforce payments. The platform integrates finance tools to support efficient cross-border transactions.…
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…
