Europe

CBDCs have the potential to make a significant impact on global finance, but appropriate safeguards need to be in place, an official from the Monetary Authority of Singapore (MAS) said today. The industry gathered for the Singapore FinTech Festival, where one of the presenters was

About: It’s almost go time for the holiday shopping season, and nearly 90% of U.S. consumers plan to make at least some of their purchases online — 13% more than did in 2020. The 2021 Holiday Shopping Outlook, PYMNTS surveyed more than 3,600 consumers to learn what is driving online sales this...

As Facebook moves to rebrand as Meta, the tech giant is rumored to have talks of physical retail stores to showcase virtual reality headsets and other merchandise.

The partnership and shareholding marks the first of its kind between a YouTuber and a UK fintech.

SEMA — which stands for Sports, Entertainment, Music and Arts — offers those in the sports and entertainment industries concierge financial services.

Just two peer-to-peer lenders have been authorised to offer the recovery loan scheme (RLS). Funding Circle and Assetz Capital are the only two P2P platforms accredited to offer funding under the government-backed scheme, out of 74 approved firms. In contrast, the coronavirus business interruption scheme – which preceded the RLS – included more P2P platforms...

Quartr, a Stockholm-based app platform that gives retail investors on-the-go access to company information raised $4.5M.

Nigeria’s eNaira digital currency is proving popular, although some critics say the population’s mistrust of the government might hinder its progress.

Clearpay customers can use their virtual cards to pay for items in-store in four payment instalments and take the item home on the same day.

Square Loans, formerly known as Square Capital, originated $594M in small business funding in Q3, bringing the company to $1.6B originated YTD. Square had already been recognized among the largest small business lenders this year so far. The Q3 figure boils down to 83,000 individual loans. Overall, Square Loans was mentioned very little in the...