Klarna lays groundwork for IPO; avoids strike
Klarna is setting up a UK holding company ahead of a widely-expected initial public offering. Separately, the BNPL giant has struck a collective agreement with Swedish workers to head off a strike.
Klarna is setting up a UK holding company ahead of a widely-expected initial public offering. Separately, the BNPL giant has struck a collective agreement with Swedish workers to head off a strike.
Mediobanca has joined with Founders Factory, the London-based global company builder and early-stage investor, to launch a new fintech venture studio and accelerator, underpinned by an overall €12 million investment from the Italian investment bank.
After more than two years, Germany’s financial regulator BaFin has lifted a cap on the number of new customers that digital bank N26 can onboard.
How well-crafted regulation can act as an accelerator, not inhibitor, in becoming more resilient and successful in the future was answered by industry experts at EBAday 2025.
Auto finance companies’ portfolios grew in 2024 amid a stable competitive environment and some lenders’ investment in growth. Of the…
Asian bank DBS has teamed up with decentralised gaming virtual world The Sandbox to launch a metaverse experience showcasing ESG ideas and initiatives.
Terraform Labs and its former CEO Do Kwon have reached a $4.5 billion settlement with the SEC after a jury verdict held them liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unravelled.
With work on quantum computing gaining momentum, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has issued guidance to help the payment card industry mitigate risks posed by the technology.
Green fintech Iceberg Data Lab has launched a new product that harnesses generative AI technology to generate real-time, text-based and fully sourced explanations in response to questions regarding the ESG data of portfolio companies.
Major players from crypto and traditional finance have joined in a $135 million funding round in Digital Asset, the firm behind the Canton Network blockchain platform for tokenised assets.
Strong consumer demand contributed to an uptick in Valley National Bank’s auto book in the first quarter. The bank’s auto…
In the wake of allegations about payments processor Worldline earlier this week, Belgian prosecutors have opened an investigation into potential money laundering activities at the firm’s local unit.
Ofcom has announced its probe into cloud service providers Amazon, Microsoft and Google. The investigation will look into these providers, which generate around 81% of revenues in UK public cloud, to ensure the market is working properly and not limiting innovation or growth.
AI-driven lending platform Upstart’s auto originations skyrocketed 533.3% year over year in the second quarter as dealer volume rose and…