The 10 big fintech funding rounds in January you need to note
January was a strange month for fintech deals. As with other tech stocks, the financial sector has taken a tumble over the past month. Companies like Coinbase, PayPal and Mastercard…
Fintech
Ascend bags $30m Series A: Brings Klarna BNPL model to insurance industry
Buy-now-pay-later (BNPL) is the hottest thing happening in the fintech space right now. Investors are…
Year of the Tiger: China takes lead in digital currency as Meituan expands e-CNY payments
Leading Chinese shopping platform Meituan has expanded digital yuan payments to over 200 types of offline merchants as China welcomes…
Ex-Goldman Sachs chair converts to religion of bitcoin even as market tanks
How about this for weird timing: former Goldman Sachs chairman and CEO Lloyd Blankfein has outed himself as a hesitant…
The soaraway BNPL industry must win the public’s trust to keep growing
Buy-now-pay-later (BNPL) players aim to disrupt the business of traditional credit cards, but to do this the BNPL industry must…
Korean mega-disruptor Kakao sees stocks tank as controversy grows in South Korea
South Korea internet giant Kakao has seen its stock price slump to its lowest point in almost a year, as…
Klarna boss: People fear credit card companies “more than death itself”
A leading Klarna executive is accusing traditional credit card companies of having taken advantage of customers for years. Now, he says, they're facing a reckoning with alternative finance platforms muscling…
Britcoin is “the worst of two worlds”: Gets thumbs down from UK lawmakers
Lawmakers have warned that Rishi Sunak's proposed central bank digital currency (CBDC), commonly referred to as Britcoin, could be detrimental for the UK economy and people's privacy. The Chancellor of…
Get the data, from Monzo to Razorpay: The 10 biggest fintech deals of December
The fintech industry ended 2021 on a high note, with players in the ecosystem securing billions of dollars in funding deals in December. The fintech industry went from strength to…
Caught between banks and online shopping: Fintech predictions for 2022
The fintech industry has grown tremendously over the past few years at a breakneck pace that has only been accelerated by Covid-19. With 2022 at the door, Verdict spoke with…
Indonesia fintech boom: WeLab raises $240m for a shot at the market
Hong Kong-based fintech unicorn WeLab has raised $240m to pave the way for its expansion into Indonesia. The startup will use the money to acquire PT Bank Jasa Jakarta (BJJ),…
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