Allica Bank gets to £1B for deposits: The UK challenger bank hit the milestone just two years following its rollout, affirming its diversification strategy is working.
Fintech offers collectible assets to Europe’s ordinary investors: The Konvi platform lets people invest in wine and watches—with plans for NFTs—capitalizing on expected global growth in the collectibles market.
Crypto infrastructure builder ConsenSys snagged $450M, reaching a $7B valuation.
Walgreens and other major brands joined Mastercard Installments, further sharpening Mastercard’s edge in the BNPL space.
Fully digitized corporate onboarding is a must: A PYMNTS report finding suggests that banks’ prolonged, manual-task-riddled onboarding processes present competitive vulnerabilities for customer acquisition.
Luno’s investing arm leaves stealth mode: Luno Expeditions targets early-stage fintechs and startups focused on crypto and web3, and its focuses put it in a good spot despite mixed investing climates.
As buy now, pay later becomes a common consumer practice, Klarna has its sights set on expanding its services beyond online commerce. Hear from Klarna’s CMO about how its payment platform has turned into a growth partner for merchants and retailers.
Ruling narrows open banking’s UK potential: The Competition and Markets Authority’s (CMA’s) exclusion of e-commerce transactions from its open banking payments tech decision will help card issuers and neobanks dependent on interchange fees.
Moneyhub’s and Tink’s partnerships spotlight the growing demand for A2A payments ahead of planned card fee hikes.
Green Dot strikes open banking deal with Plaid: Green Dot’s neobank customers gain data-sharing capabilities for 6,000-plus outside apps. Are its banking as a service (BaaS) clients next?
Curated by eMarketer, this special collection of interviews will help you understand the financial services industry’s digital acceleration and how companies are pivoting toward fintech to increase retention.