Klarna echoes Revolut and N26 with mobile move

John Reynolds / tech - Klarna is moving into the mobile phone market, mirroring similar moves by Revolut and the German challenger bank N26.The Swedish financial company is launching its mobile plans first in the US, follow...

Back to Top / Wednesday, June 18, 2025, 10:21 am / permalink 8315 / 4 stories in 8 months

Shopify Enables Crypto Payments via Coinbase, Stripe

Usman Qureshi / iphoneincanada - Shopify has enabled USDC stablecoin payments via Solana Pay, Coinbase, and Stripe—offering fast, low‑fee, global checkout with instant settlements.The post Shopify Enables Crypto Payments via Coinbase, Stripe first appeared on iPhone in Canada.

Back to Top / Friday, June 13, 2025, 2:21 pm / permalink 7881 / 2 stories in 8 months

UK fintech giant Wise to list in US in fresh blow to London Stock Exchange

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Back to Top / Thursday, June 5, 2025, 3:20 am / permalink 6860 / 4 stories in 9 months

Google Wallet Ends PayPal Integration for US Users

Google Wallet users in the US will soon lose the convenient option to link their PayPal accounts. Starting in June, this removal forces users to rethink their payment methods as the app streamlines its functions—leaving many to wonder if convenience is sacrificed for simplicity.

Back to Top / Tuesday, June 3, 2025, 9:21 am / permalink 6586 / 3 stories in 9 months

Irish Fintech Nomupay Secures $40M Investment for Asian Expansion

Irish fintech Nomupay has secured a $40 million investment tied to a significant partnership with a Japanese payments firm, bolstered by backing from SoftBank. The funding is aimed at driving strategic expansion into Asia, particularly Japan, demonstrating strong investor confidence in cross-border fintech innovation.

Back to Top / Tuesday, June 3, 2025, 4:20 am / permalink 6567 / 4 stories in 9 months

Valla Secures Dual Funding to Democratize Employee Legal Recourse

Legaltech firm Valla announced funding rounds aimed at broadening access to legal recourse for employees. The capital injection will boost its platform development to challenge traditional legal services, signaling investor confidence in its disruptive approach to employment law and dispute resolution.

Back to Top / Monday, June 2, 2025, 7:20 pm / permalink 6540 / 3 stories in 9 months

Google Wallet Drops PayPal Payment Option in the US

Google Wallet is set to remove PayPal as a payment option in the United States, leaving users and merchants scrambling for alternatives. The official change, confirmed via a help center update, marks a significant realignment in the digital payments landscape.

Back to Top / Monday, June 2, 2025, 4:20 pm / permalink 6520 / 2 stories in 9 months

Chime Eyes $11.2B Valuation in Anticipated IPO

Digital banking startup Chime is preparing for its IPO with a target valuation of $11.2 billion, signaling robust investor confidence. The move reflects the company’s rapid ascent in the competitive fintech arena amidst growing scrutiny and heightened expectations.

Back to Top / Monday, June 2, 2025, 3:20 pm / permalink 6512 / 1 stories in 9 months

Monzo posts robust profitability and customer growth amid IPO chatter

Monzo’s latest financial disclosures highlight its sustained profitability and increasing customer reliance. The bank, marking profitability for a second consecutive year, also reveals that roughly one-third of its customers now consider it their primary bank. These strong performance benchmarks fuel fresh IPO speculation in the competitive fintech arena.

Back to Top / Monday, June 2, 2025, 4:20 am / permalink 6437 / 3 stories in 9 months

Starling Bank Profit Slump Sparks Legacy and Fraud Concerns

British neobank Starling Bank is grappling with a noteworthy profit decline, as reports indicate a quarterly slump of around 25% to 26% amid legacy operational issues and Covid loan fraud complications. Financial hurdles and regulatory quirks appear to be hampering the bank’s performance, prompting questions about its sustainable profitability going forward.

Back to Top / Wednesday, May 28, 2025, 6:21 am / permalink 5907 / 3 stories in 9 months

Kota Secures $14.5M Series A for Employee Benefits Startup

Startup Kota has successfully closed a $14.5 million Series A funding round aimed at fixing a notoriously broken employee benefits system. The financing, announced with industry backing and a dash of entrepreneurial panache, promises to shake up HR tech in a market where capital often saves more than just face value.

Back to Top / Thursday, May 22, 2025, 1:20 am / permalink 5241 / 3 stories in 9 months

Klarna Q1 Report Reveals Rising Losses Despite Revenue Growth

Klarna’s recent quarterly report paints a mixed picture as revenues surged to about $700M, yet losses ballooned to $99M, more than doubling year-over-year. Investors and analysts are left to ponder how the fintech giant will reconcile impressive top-line figures with its burgeoning operational deficits as IPO ambitions remain stalled.

Back to Top / Monday, May 19, 2025, 9:20 am / permalink 5015 / 3 stories in 9 months

Revolut makes a bold move in France with Paris HQ launch

Revolut is making a thrilling foray into Western Europe by choosing Paris as its headquarters and anchoring its presence with a €1bn investment, alongside applying for a French banking licence. One might say the fintech giant is betting big on the city of baguettes and bureaucracy.

Back to Top / Monday, May 19, 2025, 6:20 am / permalink 5001 / 2 stories in 9 months

Chime Files for Nasdaq IPO Amid Fintech Frenzy

Fintech bank Chime is boldly stepping into the public arena by filing its IPO paperwork with the SEC. Coupled with an intriguing deal involving the Dallas Mavericks, the move underscores the company’s aggressive push for growth amid a renewed tech listing surge. Investors might want their seatbelts fastened for this fintech thrill ride.

Back to Top / Tuesday, May 13, 2025, 6:20 pm / permalink 4652 / 4 stories in 9 months

Robinhood Accelerates Canadian Expansion with WonderFi Acquisition

In a bold move north of the border, Robinhood is acquiring Canadian crypto leader WonderFi for CA$250 million, seamlessly integrating regulated digital asset platforms into its portfolio. This strategic play marks a deliberate pivot into Canada's burgeoning crypto scene, as the U.S.-based firm seeks to charm investors with its innovative, border-transcending ambitions.

Back to Top / Tuesday, May 13, 2025, 8:21 am / permalink 4589 / 4 stories in 9 months

Rippling Soars to $16.8 Billion Valuation Amid Financing Round

HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga.

Back to Top / Friday, May 9, 2025, 1:22 pm / permalink 4402 / 3 stories in 9 months

Employer.com Acquires Fintech Startup to Streamline Back Office Operations

Employer.com has moved to consolidate its technology portfolio by acquiring MainStreet, a fintech startup known for its expertise in research and development tax credits. The acquisition signals the company’s drive to simplify business back office procedures while adding a dash of financial innovation to its operational mix.

Back to Top / Tuesday, May 6, 2025, 12:20 am / permalink 4109 / 2 stories in 10 months

MoneyFellows Secures $13M for Regional Expansion Push

Egypt-based MoneyFellows has raised $13 million in a pre-series C round aimed at powering its group saving platform expansion beyond Egypt. Backed by Casablanca-based investors, the fresh funding bolsters plans for a regional push, including a new operation in Morocco by late 2025, highlighting its strategic ascent in the digital lending space.

Back to Top / Monday, May 5, 2025, 3:20 am / permalink 4023 / 3 stories in 10 months