The country adopted Bitcoin as legal tender on Tuesday, but we have reservations as to how a decentralized currency designed to operate outside government control will support its economic goals.
As the consumer-facing BNPL market heats up, these banks could find success thanks to their strong user bases and acceptance foundations.
StanChart aims to join Singapore’s growing digital banking space: The banking giant plans to operate a digital bank in the country through a joint venture—making it the latest to dive into this emerging market.
The UK-based neobank is looking to do buy now, pay later (BNPL) trials in Europe next year—and it could quickly find a following within its large customer base.
Jeeves raised $57M to expand to more countries and help companies keep foreign exchange rates low, giving it an edge over other startups in the space.
PayPal wants to expand its in-store digital payment solution and card business as cash use falls across Europe.
Insurify’s mega-round came on the back of strong revenue growth—adding new insurance lines and embedded partnerships should power further growth.