Starling posts a $44.1M profit as Varo Bank lays off 10% of its staff and plans to restructure.
Visa is reportedly in discussions to participate in Airlwallex’s Series E extension, which can help strengthen its card business and complement its cross-border payment efforts.
The lender said “healthy spend levels” boosted Q2 earnings, in line with other issuers.
A new report shows they favor online and mobile messaging, but want a human for complex topics.
Fewer investment deals and declining profits could signal layoffs, but banks are holding off until they see how H2 2022 shapes up.