Credit agencies in the United Kingdom will begin receiving reports from leading Buy Now, Pay Later vendor Klarna.
Scalapay lets customers choose its “buy now pay later” option while they checkout by setting up an account in just two to three minutes.
New research by Klarna reveals how shopping habits have permanently changed in the aftermath of the pandemic, with UK consumers becoming increasingly reliant on their mobile devices and shopping apps.
The KPMG Pulse of Fintech Q3 report pointed to 274 deals worth over $8bn in investment; the hottest areas of investment include artificial intelligence, insurtech, regtech and blockchain; the three biggest countries come as no surprise with the US, China and the UK dominating their respective regions. Source.
KPMG UK has appointed Ian Taylor as director, leading the crypto and digital assets team, while Peter Harmston will head up the firm’s payments practice.
U.S. based cryptocurrency exchange Kraken has agreed to acquire London based Crypto Facilities as they make a push into futures...
Kroo has just closed their most recent funding round, successfully raising £26 million. This round of funding has had incredible results with over 60% of investors reinvesting, showcasing their belief in the Kroo vision.
KuCoin announced that it has become the first major exchange to support Brazilian Real (BRL) deposits and withdrawals following a recent policy change made by the Central Bank of Brazil.
Landbay will add Positive Lending to its distribution network; Landbay has a comprehensive suite of services for its intermediaries and is also supporting them in advance of the UK's September PRA portfolio landlord changes; Landbay is a UK specialist buy to let mortgage lender authorized by the FCA and involved with the P2PFA as one of its members. Source
Landbay's most recent fundraising brings total funding to GBP7 million ($8.98 million) which the company has obtained from crowdfunding; the company's business is focused on funding buy to let mortgages and it has received authorization from the FCA; it plans to use the new funds to expand its operations and launch new products. Source