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Fintech

Fintech
·Jun. 10, 2022

Klar lands $70M in General Atlantic-led round

Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. The raise follows a period of hypergrowth for the company.Klar experienced a “7x” year-over-year increase in revenue and 4x bump in transaction volume over the...
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Fintech
·Jun. 10, 2022

Fintech Nexus USA 2022: Meta pushes NFTs and creator monetization

Meta has delved into the world of NFTs and Web3 to help creators monetize their assets. They say partnerships with fintechs are essential.
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Fintech
·Jun. 10, 2022

Hedge funds plan to buy more crypto amid a down market and potential regulatory clarity –

The crypto hedge fund market is evolving as traditional players want to get a slice of the digital asset pool.
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Fintech
·Jun. 10, 2022

Terra’s Luna, Luna Classic Tokens See Volatile Trading Amid New Developments

Futures tracking the two tokens racked up nearly $18 million in liquidations over the past day in a higher-than-usual move.
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Fintech
·Jun. 10, 2022

Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex –

Is billionaire-funded crypto education really what low-income people need?
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Fintech
·Jun. 10, 2022

Fidelity’s Abigail Johnson Reaffirms Crypto Commitment in Bear Market

“This is my third crypto winter," the U.S. brokerage CEO said at Consensus 2022, looking back on the firm’s trailblazing journey into digital assets.
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Fintech
·Jun. 10, 2022

Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate

The stage at Consensus 2022 erupted with an intense dispute over the future of a Fed-managed digital currency.
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Fintech
·Jun. 10, 2022

Fintech Nexus USA 2022: Ten years in and Chris Britt and Chime are only getting started

Chime has come a long way since its founding a decade ago, but co-founder Chris Britt said the company is only getting started.
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Fintech
·Jun. 10, 2022

Apple’s latest fintech move has buy now, pay later industry on edge

Apple's move into the crowded "buy now, pay later" space has raised the stakes for the fintech companies that pioneered the trend.
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Fintech
·Jun. 10, 2022

Klarna CEO defends business despite massive losses and layoffs

The fintech reported a loss of $748 million last year and last month announced that it was laying off around 10% of its workforce....
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