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Klarna cuts more jobs just months after laying off 10% of global workforce

Swedish buy now, pay later (BNPL) giant Klarna is to embark on a second round of layoffs just four months after it shed 10%...

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Nymbus and Citizens Bank of Edmond to launch niche bank for US military

Banking technology solutions provider Nymbus has partnered with Citizens Bank of Edmond to offer a financial services solution catering to newly enlisted members of...

Going Native

A question that comes up regularly is when Paribus will transition to Cardano. Although we’ve answered this many times we recognize that every week...

US consumer finance regulator to outline credit card-like BNPL protections

The US Consumer Financial Protection Bureau (CFPB) is set to outline new rules for buy now, pay later (BNPL) firms to ensure consumers are...

Fintech platform for freight and logistics, Denim, closes $126m Series B

Denim (previously Axle Payments), a financial enablement platform for the freight and logistics industry, has raised $126 million in Series B funding. Denim raises $126...

Alameda to repay $200 million to bankrupt lender Voyager

Trading firm Alameda Research will repay some $200 million in loans to Voyager Digital, the bankrupt crypto lender. Alameda will repay 6,553 in bitcoin (roughly...

Quilo introduces real-time loan syndication network

NEW YORK CITY — Lending platform Quilo unveiled its real-time syndication network that allows banks to digitally originate loans during FinovateFall 2022 in New...
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Paribus Twitter Town Hall Sept 15th, 2022

Paribus, a DeFi borrowing and lending platform, has recently announced a Twitter Space “Town Hall Event” set to take place Thursday September 15th at...

FTC orders Credit Karma to pay $3m for “misleading” consumers

The Federal Trade Commission (FTC) has ordered credit services company Credit Karma to pay $3 million for allegedly misrepresenting consumers with “pre-approved” credit card...

P2P lender liwwa raises $18.5m in equity and debt

Jordan-based fintech liwwa has closed an $18.5 million pre-Series B round of equity and debt. liwwa raises $18.5m in equity and debt Existing investors DASH Ventures,...

FinTech Futures: Top five stories of the week – 9 September 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. UBS, Wealthfront nix $1.4bn acquisition deal Swiss...

Europe fintech funding round-up: Ark Kapital, Credix and Nokkel

This week’s handy Friday funding round-up includes three European fintech start-ups – Ark Kapital, Credix and Nokkel. Swedish fintech start-up Ark Kapital has secured an...

Banks reclaim more properties in August as foreclosures tick upward

Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. With the...
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