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Portugal's FinTech Surge: Opportunities in a Time of Global Economic Strain
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's Pragmatic Growth Targets Lead to Stock Price Surge
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
Embedded Finance FinTech Swan opens office in Amsterdam and launches localized Dutch accounts
Swan, the emerging European leader in embedded finance, today opens its first office in the Netherlands, and launches localized Dutch accounts, as part of its continued European expansion. The launch is part of the company's European hyperlocalization strategy, following a successful launch in Spain earlier in the year.
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
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
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