JPMorgan’s UK digital bank has more than 1M customers
JPMorgan Chase & Co.’s UK digital lender has attracted 1 million customers in its first year of operation, making it...
Klarna plans to cut staff, growth plans after losses mount
Klarna Bank AB, months after announcing major job cuts and taking a $39-billion hit to its valuation, is planning to...
Buy-now, pay-later faces tougher rules as CFPB chief weighs in
The US Consumer Financial Protection Bureau released a sweeping report warning that the burgeoning “buy now, pay later” industry needs...
Goldman Sachs, Citigroup boost lending to Latin America startups
Banks including Goldman Sachs Group Inc. and Citigroup Inc. are stepping in with loans as Latin American startups face shrinking...
Milk, diapers and checking accounts: banking comes to Walmart
(Bloomberg) --Coming soon from the world’s largest retailer: checking accounts. A venture that’s majority-backed by Walmart Inc. is poised to...
Checkout.com will eliminate about 5% of employees in latest cuts
Checkout.com is eliminating 5% of its staff, the latest in a series of job cuts that’s swept technology companies this...
Revolut wants to compete with PayPal and Apple at online checkouts
Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at...
Goldman lends $140 million to Latin American fintech Xepelin
(Bloomberg) -- Goldman Sachs Group Inc. provided a $140 million credit line to help finance a Mexico expansion for Latin...
Klarna’s sales and losses grow as it builds US business
Klarna Bank AB said losses more than trebled in the first half of the year, ahead of a cost-cutting drive...
Cash is king for South African banks planning digital transition
South African banks see physical money remaining key to their business as almost a third of their customers aren’t ready...
