Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Credit Sesame secures $51m to bolster financial platform, tackle credit inequality
Credit Sesame has raked in $51m of funding to launch new AI-driven services to help consumers secure easier access to credit and banking services.
BIS, Bank of England unveil new BIS Innovation Hub in London
The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.
Lunar eyes accelerated digital banking roll-out following €210m Series D
Danish challenger bank Lunar has secured €210m from a Series D funding round led by Heartland.
Vietnamese FinTech Timo taps Mambu to push brand expansion
Ho Chi Minh-based digital bank Timo has teamed with software-as-a-service banking platform Mambu to scale its business.
Banking startup Kernolab inks $1m in pre-seed funding
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Lending platform Validus inks deal to buy PayTech KlearCard
Singaporean peer-to-peer (P2P) lending platform Validus has acquired business payments and expense management technology platform Klearcard in an undisclosed deal.
BankFi, The Co-operative Bank partner to give SMEs better banking experiences
BankFi, a technology platform that can be integrated with existing infrastructure to give access to banking services, has received funding alongside a partnership with The Co-operative Bank.
Akulaku mulls going public
Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.
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