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Countdown to Klarna's IPO: CEO says Klarna has the potential be a trillion-dollar company

Countdown to Klarna's IPO: CEO says Klarna has the potential be a trillion-dollar company

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

FinTech Juni To Offer Inventory Financing for E-Commerce Businesses

FinTech Juni To Offer Inventory Financing for E-Commerce Businesses

Today, Juni, the financial platform built for digital commerce, expands its Capital product offering with Inventory Financing for ecommerce businesses. The new product follows the launch of Juni’s media financing product earlier this year that allows businesses to ‘buy media, pay later’ (BMPL). The latest addition is part of

Two years after entering the Brazilian market, the German digital bank N26 has announced its departure

Two years after entering the Brazilian market, the German digital bank N26 has announced its departure

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

Klarna Hits Profit Milestone in Q3, Eyes $15 Billion IPO

Klarna Hits Profit Milestone in Q3, Eyes $15 Billion IPO

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

Guilty Verdict Shakes Crypto World: FTX Founder Faces 110 Years In Prison

Guilty Verdict Shakes Crypto World: FTX Founder Faces 110 Years In Prison

Happy Monday! Let's start the day with news from my second favorite city in the world, New York City, that came out just before the weekend: Former crypto titan Sam Bankman-Fried was convicted on seven charges of fraud and conspiracy following the FTX exchange collapse, with the jury

Revolut appoints new UK CEO amid struggles to get banking license

Revolut appoints new UK CEO amid struggles to get banking license

TGIF 😉 As we eagerly anticipate the weekend's arrival, I've compiled one last roundup of the most pivotal FinTech news to ensure you're fully in the know: Revolut, announced on Thursday a strategic move, appointing Francesca Carlesi, a seasoned banking professional with a history at

🦄Happy Unicorn Day!

🦄Happy Unicorn Day!

A decade has swiftly passed since Aileen Lee of Cowboy Ventures coined "unicorn" in a TechCrunch article to describe the rare breed of startups valued at over $1 billion, exactly 10 years ago on this day. Defined at the time as “U.S.-based software companies started since