U.S. officials are arguing over who should have jurisdiction to regulate fintech firms while Europe and China are already enjoying the innovations in the nascent industry.
As the Chinese and European governments have come up with detailed technical standards for...
Klarna, a Sweden-based fintech company, is the first to support two major climate change campaigns. The partnership with Climate Pledge and the Race to Zero project has been unveiled recently by the international retail bank and financial services provider.
Klarna...
Billhop announced Tuesday, February 16, 2021, that it had successfully raised €4 million in its Series A investment round. Following the €4 million investment, the Stockholm, Sweden-based financial technology institution will use its funding towards developing more products for...
Early-stage financial technology companies from Malaysia should be looking to expand toward Australia in a bid to get clients abroad. FintechNews Malaysia reports that Australia offers an ideal environment for these homegrown firms as it has a “mature financial...
The U.S. House Committee on Financial Services has recently passed resolutions to create the Task Force on Financial Technology.
The new task force aims to investigate the current legal framework for fintech, how the technology is used in lending and...
Revolut users will now be able to use its newly released brokerage platform. CNBC reports that the British company’s new service allows clients to trade stocks without paying commission. Stocks available for trading on the platform include US stocks...
The digital payments industry of Vietnam has been showing signs of robust growth and expansion, said Fintechnews Vietnam. This development is due to the actions taken by several entities including industry players, agreements and the Vietnamese government. This comes...
Greenlight, a children's financial infrastructure startup, revealed on April 27, 2021, that it had secured $260 million in Series D funding.
Andreessen Horowitz led the series, which included Canapi Ventures, Return Investors TTV Capital, Goodwater Capital, Fin VC, Wells Fargo...
The popular messaging application in Asia, Line, is slated to explore the world of financial technology and payments. The company’s founder, Shin Jungho, plans to make investments in the financial sector and to enhance the company’s use of artificial...
Fintech startups who are trying to turn into a bank need to slow down, as the New York Federal District requires a traditional route for granting fintech charters.
The Federal District has slammed the Office of the Comptroller of the...
