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Happy Monday! Despite the challenges posed by volatile geopolitics and an economic recession, the 2023 FinTech ecosystem is looking bright. Financial resilience prevailed despite Europe’s tough FinTech funding landscape. High inflation led to restrictive policies and rising interest rates, impacting valuations. Bank failures in the US and Europe added

Adyen on Wednesday cut its medium-term sales target, earning praise from analysts who said the new forecast was more realistic at a time when the digital payments sector is struggling.  Adyen is now aiming for a 20-30% increase over the next three years. While Adyen said its “substantial long-term opportunity

Good morning FinTech Fanatic! Today's highlight circles around Klarna's chief, Sebastian Siemiatkowski, who recently checked off his 'three tick boxes' that set the stage for the company's much-anticipated IPO. With all systems go, Klarna is steering towards a public debut that could

Good morning! Two years after entering the Brazilian market, the German digital bank N26 has announced its departure.  The bank's exit aligns with a strategic shift to concentrate on key European markets, where it operates across 24 countries.  This move is part of a broader trend known as

Good morning! Today's news is all about Klarna: After avoiding a strike, Klarna reported its latest financial results revealing a net profit in Q3 2023. Operating profit was SEK 130 million in Q323, up from SEK -2bn in Q322 as Klarna prepares to invest in the busy Q4