Fintech News Today: Top ten Fintech News Stories due to the Week Ending February. Read more
The 3 hot themes in fintech information this past week ended up being crypto, SPACs and purchase now pay later, akin to lots of months so considerably this year. Allow me to share what I think about to be the top ten foremost fintech news posts of the previous week.
Tesla buys $1.5 billion for bitcoin, plans to recognize it as fee offered by FintechZoom.com? We kicked the week off that has the huge news from Tesla that they’d acquired $1.5 billion of bitcoin in January; bitcoin predictably soared on the information.
Mastercard to support Some Cryptocurrencies on The Network of its from The Wall Street Journal? A lot more great news for crypto investors as Mastercard indicated it will support some cryptocurrencies directly on the network of its as even more folks use cards to invest in crypto as well as using cards to spend the crypto of theirs.
Bitcoin to Come to America’s Oldest Bank, BNY Mellon from The Wall Street Journal? The nation’s oldest bank account provides us a trifecta of big crypto news because it announces that it will hold, transport as well as issue bitcoin along with other cryptocurrencies on behalf of the asset-management clients of its.
Fintech News Today – Movable bank MoneyLion to travel public through blank-check merger of $2.9 billion deal from Reuters? MoneyLion becomes the latest fintech to go on the SPAC camp as they announced a $2.9 billion package with Fusion Acquisition Corp.
OppFi is the newest fintech to visit public via SPAC as a result of American Banker? Opploans announced a rebrand to OppFi as they’ll also go public by merging with FG New America Acquisition Corp., an Illinois-based SPAC. (I am going to have more on this and the MoneyLion SPAC next week).
Ex-SoFi CEO Starts Blank Check Company to Raise $250 Million offered by Bloomberg? Mike Cagney has made the decision to become a member of the SPAC bash as he files documents using the SEC for Figure Acquisition Corp. I and intends to raise $250 million.
Klarna’s valuation set to triple to $30bln, tells you article from Fintech Futures? Privately held Swedish BNPL giant is reportedly looking to increase $500 huge number of in a $25b? $30b valuation. They also announced the launch of bank account accounts found in Germany.
Within The Billion Dollar Plan To Kill Credit Cards from Forbes? Great profile on Max Levchin, CEO and co founder of Affirm, and the original days of Affirm along with how it evolved into a BNPL juggernaut.
Survey Reveals a secret Customer Exodus in Banking from The Financial Brand? An intriguing international survey of 56,000 customers by Company and Bain indicates that banks are actually losing company to their fintech rivals even as they continue their customers’ core checking account.
LoanDepot raises simply $54M wearing downsized IPO out of HousingWire? Mortgage lender loanDepot went public this specific week inside a downsized IPO that raised just $54 million after indicating at first they will boost over $360 million.
Fintech News Today: Top 10 Fintech News Stories because of the Week Ending February