Klarna confirms mammoth $1 billion fund raise
Buy now, pay later giant Klarna has confirmed a $1 billion funding round, valuing the Swedish firm at $31 billion.
Swift Operations Forum Europe 2019, Amsterdam – Day 1 report
Financial services innovation and how industry participants can keep up with ecosystem culture were two of the key themes on day 1 of the Swift Operations Forum Europe (SOFE) 2019.
Nets and SoftPay get 7-Eleven back on track after ransomware attack
Nordic payments operator Nets and Softpay equipped all 7-Eleven stores across Denmark with emergency tap-to-pay SoftPOS kit the day after the chain’s payments and checkout terminals were knocked out by a cyberattack.
AI fintech Optasia lists in South Africa
UAE-based Optasia, a AI-powered fintech, has listed on the Johannesburg Stock Exchange (JSE) in one of the country’s biggest IPOs in recent years.
Derek White swaps Google Cloud for Galileo
After less than a year as head of Google Cloud’s FS business, Derek White is joining SoFi-owned API and payments platform Galileo as CEO.
Inside HDFS’ $632M ABS issuance (Big Wheels)
Harley-Davidson Financial Services returned to the asset-backed securitization market in September with its second motorcycle issuance of the year. Harley-Davidson…
700Credit rolls out latest fraud-prevention tool
Credit unions see leasing uptick
Credit unions are seeing an uptick in leasing activity this year as consumers continue to grapple with affordability. Leasing volume…
CAC originations fall 16.5%
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance. …
Goalsetter raises $9.6m to help families build wealth
Goalsetter a US financial education platform focused on helping families learn how to spend, save and invest, has raised $9.6 million in a Series A extension round.
JPMorgan Chase runs inaugural software engineering conference
JPMorgan Chase has kicked off Devup, its first software enegineering conference that will bring together 500 tech boffins from nearly 30 major cities globally to share experiences and ideas for boosting the bank’s technology programme.
Tokenised fund for footballers’ image rights launches
A Spanish startup has launched what it claims is the world’s first tokenised investment fund focused footballer’s image rights.
Gen Z wealth platform Alinea Invest raises $10.4 million
Alinea Invest has raised $10.4 million in Series A funding to build the investing app for the Gen Z youth market.














