News (805)
$1B Klarna Round Rumored Ahead of Major IPO
- Friday, 26 February 2021
- News
- Written by FinTech News Brief Staff
Stockholm-based Klarna is about to finalize a $1 billion funding round that would raise its valuation to a whopping $31 billion. So reports CNBC.
Read more...Fintechs Worldwide Rebounded Strongly in 2H’20 and Beyond: Reports
- Friday, 26 February 2021
- News
- Written by FinTech News Brief Staff
The second half of 2020 showed significant growth over the first half with respect to worldwide fintech investment deals as H2 doubled those in H1, reads a new report from KPMG. However, 2020 as a whole still checked in well under weight as the year-over-year total compared to 2019 was down to $105 billion from $168 billion.
Read more...Concentration of Crypto-crime Might Be a Blessing for Law Enforcement: Report
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Cybercriminals have been found to rely heavily on a highly-concentrated number of laundering service providers, potentially providing an avenue of opportunity for law enforcement to make significant strides in thwarting cryptocurrency-based criminal activity, reads a new report from Chainalysis.
Read more...Opera’s New Fintech Banking Service Expected to Reach 50 Million Users
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Opera is launching a new “in-browser cashback service” and digital wallet to be used while shopping online. So reports Finextra.
Read more...Marqeta Announces IPO, Consumer Credit Expansion
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Days after confidentially filing plans to go public, fintech Marqueta announced it is expanding in the consumer credit space. So reports TechCrunch.
Read more...Nvidia Plans Crypto-mining Processor Aimed at Ether
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Nvidia is planning the release of a new semiconductor series aimed at mining the ether cryptocurrency. So reports CNBC.
Read more...Sequoia Making B2B 'Buy Now, Pay Later' Europe Play: Report
- Saturday, 13 February 2021
- News
- Written by FinTech News Brief Staff
Fintech startup Tillit, a company building a product that essentially equates to a B2B “buy now, pay later” model, is likely to become U.S.-based Sequoia’s next investment in Europe. So reports TechCrunch.
Read more...Fintech Start-up MX Adds Huge Names to Its Board
- Saturday, 13 February 2021
- News
- Written by FinTech News Brief Staff
Ex-Goldman Sachs co-president Jon Winkelried is among some industry heavyweights that joined data firm MX’s board of directors. So reports CNBC.
Read more...IBM Still Atop Ecosystem Rankings, AI Loses Some Luster: CeFPro
- Friday, 05 February 2021
- News
- Written by FinTech News Brief Staff
A new, wide-ranging industry report from international research group The Center for Financial Professionals (CeFPro) identified IBM, Moody’s Analytics and Oracle atop its fintech ecosystem leaders list. The report also addressed a number of items with respect to the fintech industry (specifically emerging trends), the impact of COVID-19 and challenges industry players might face in the coming months.
Read more...Musk Tweet Sends 'Joke' Dogecoin Skyward
- Friday, 05 February 2021
- News
- Written by FinTech News Brief Staff
Dogecoin, the 12th largest digital currency by market cap, has surged in value nearly 700% in 2021 as of press time after Elon Musk tweeted about the “joke” currency. So reports Yahoo! Finance.
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