The technologies underlying fintech point to a world of empowerment, access, transparency and efficiency. However, in recent years its history and the actors who execute it have not been in line with those values.

LARNA has initiated a legal entity restructuring process to establish a holding company in the United Kingdom "as an important first step" in its plans for an initial public offering

Klarna Q2023 XNUMX: The results are the latest in a growing list of evidence that the Swedish fintech giant is evolving from a loss-making unicorn to a durable company ready for the public markets.

In 2021, UK neobank zopa, which has been around since 2004, jumped to a billion-dollar valuation thanks to a big investment from SoftBank and a plan to go public in 2022. Now it's 2023, it lands another fundraising of a different kind as the wait for IPO markets to reopen continues.

Apple Pay Later allows users to split the cost of an Apple Pay purchase into four equal payments over six weeks with no interest or late payment fees.

Crypto and blockchain startups have not had a good fundraising period for quite some time now, given the overall slowdown in funding, an increased focus on due diligence, and concerns about the macroeconomic environment and regulations in the US. US

The 2008 global financial crisis was easily the most destructive economic crisis since the Great Depression. And yet, it's still ironic that without it we wouldn't have a thriving startup ecosystem.

Klarna, the payment and shopping platform, has new features and updates that aim to give users a more personalized shopping experience.

When payment giant Stripe raised $600 million at a $95.000 billion valuation in 2021, it made headlines for raising capital at the highest valuation ever for a private company.

Referencing the economic turbulence, the giant Affirm announced that it will reduce its staff by 19%, or about 500 employees, and close its crypto unit.