BNPL giant Klarna makes it big in the US
After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.
Swedish FinTech Open Payments raises €3m growth round
Open Payments, a Swedish FinTech company, has collected €3m in a growth funding round led by Industrifonden, Sweden's venture capital fund.
Ripple diversifies into crypto custody with $250m Metaco acquisition
In a landmark deal, Ripple, the titan in enterprise blockchain and crypto solutions, has acquired Metaco, a Swiss-based firm known for its robust digital asset custody and tokenisation technology.
Mastercard joins forces with Dubai’s DET for innovative Digital City Partnership
The Department of Economy and Tourism (DET) of Dubai and Mastercard, a front-runner in payment innovation globally, have inked an innovative Memorandum of Understanding. The pivotal Digital City Partnership will further bolster Dubai's economic expansion in line with the ambitious Dubai Economic Agenda, D33.
upSWOT reveals pilot partnership with NerdWallet Small Business
UpSWOT has announced a pilot partnership with NerdWallet Small Business (NWSB) as they look to enhance the financial services offered to their SMB customers.
Guavapay teams up with Yapily to redefine top-ups through open banking
Guavapay, a FinTech firm based in London, has teamed up with Yapily, a market leader in open banking infrastructure.
Hitachi launch UPI ATM for cardless withdraw
Hitachi recently unveiled its Money Spot UPI ATM, which allows customers to make cardless withdrawals using a United Payments Interface app.
Mercedes transforms car into payment device
Mercedes-Benz is joining forces with Mastercard to introduce embedded in-car payments at the point of sale.
Zilch launches Zilch Up to provide access to more affordable credit
Zilch has introduced a groundbreaking product aimed at empowering individuals who are traditionally excluded from mainstream credit.
Nuvei and American Express announce new partnership
Pay with Bank Transfer, powered by American Express (PwBt), has announced its strategic partnership with Nuvei Corporation, the Canadian FinTech giant.
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