Financial Services

Verizon banks on private 5G for business: The carrier’s service in BlackRock’s offices will showcase an opportunity for 5G to shine while challenging Wi-Fi’s dominance in office, enterprise, and government use.

Despite losses surging more than 300%, Klarna’s gross merchandise volume grew 42% YoY, and it hit 147 million active consumers.

Crypto mortgages will be niche loans without regulators’ OK: Milo lets wealthy investors buy homes with mortgages fully backed by Bitcoin, but it likely won’t gain traction without regulation.

TD could enhance US growth with First Horizon: The Canada-based banking giant’s proposed tie-up gives it a sizable footprint in a fast-growing part of the US—but it faces a tougher regulatory climate first.

The bank will combine all of its product lines into one app to boost digital engagement.

Savvy aims to push wealth management tech updates: The US-based wealthtech wrapped up a seed round to fund its play in a market that’s lagged in adopting newer technologies.