UK fintech Kord, theend-to-end platform making onboarding clients, identity verification and paymentprocessing simplerand more secure, has raised £6.4 million in a Series A funding round. The investme…
Klarna, the Swedish financial company best known for its BNPL (Buy Now, Pay Later) products today said it had applied for a US banking licence. Klarna, which is listed in the US, has been making a big…
UK fintech startup Stoa has raised$2.4 million in a pre-seed funding round to accelerate the growth of its cashmanagement platform, which enables consumers and businesses to access upfrontrewards on c…
Thought Machine, one of the UK’s most valuable fintechs, is set to unveil that it has received £30m ($41m) funding from a “tier 1” bank later this year, as its annual revenues surpass $100m for the fi…
Starling Bank is set to cut around 130 jobs, as it looks to simplify its operations and cut duplication amid an AI push across the UK challenger bank. The cuts follow a dip in profits and revenues at …
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Qonto and Pennylane are two of France’s most well-known fintech disruptors. The Paris-based fintechs set out to disrupt particular areas of finance: Qonto- SME banking; and Pennylane- accounting softw…
Dilip Asbe said that newer UPI apps could be more competitive with a viable commercial model
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