Fintech News Today: Top 10 Fintech News Stories for the Week Ending February. Read more
The 3 hot themes in fintech information this past week ended up being crypto, SPACs and buy then pay later, similar to many days so far this year. Allow me to share what I consider to be the top 10 most important fintech news accounts of the previous week.
Tesla purchases $1.5 billion for bitcoin, plans to allow it as payment from FintechZoom.com? We kicked the week from which has the massive news from Tesla that they had acquired $1.5 billion of bitcoin in January; bitcoin predictably soared on the information.
Mastercard to support Some Cryptocurrencies on The Network of its coming from The Wall Street Journal? Much more good news for crypto investors as Mastercard indicated it is going to support some cryptocurrencies immediately on the network of its as more people use cards to invest in crypto and also using cards to spend the crypto of theirs.
Bitcoin to Come to America’s Oldest Bank, BNY Mellon coming from The Wall Street Journal? The nation’s oldest bank allows us a trifecta of huge crypto news as it announces that it will hold, transfer and issue bitcoin and other cryptocurrencies on behalf of the asset-management clients of its.
Fintech News Today – Movable bank MoneyLion to visit public via blank-check merger of $2.9 billion deal offered by Reuters? MoneyLion becomes the newest fintech to jump on the SPAC bandwagon since they announced a $2.9 billion offer with Fusion Acquisition Corp.
OppFi is the most recent fintech to go public through SPAC coming from American Banker? Opploans announced a rebrand to OppFi as they’ll in addition go public by merging with FG New America Acquisition Corp., an Illinois-based SPAC. (I am going to have more on this as well as the MoneyLion SPAC next week).
Ex-SoFi CEO Starts Blank Check Company to Raise $250 Million offered by Bloomberg? Mike Cagney has made the decision to join the SPAC bash as he files documents using the SEC for Figure Acquisition Corp. I and intends to bring up $250 million.
Klarna’s valuation set to triple to $30bln, says article from Fintech Futures? Privately held Swedish BNPL giant is reportedly looking to raise $500 zillion in a $25b? $30b valuation. Additionally, they announced the launch of savings account accounts found in Germany.
Inside The Billion-Dollar Plan In order to Kill Credit Cards from Forbes? Good profile on Max Levchin, CEO and co-founder of Affirm, and also the first days of Affirm in addition to how it became a BNPL juggernaut.
Survey Reveals a concealed Customer Exodus in Banking as a result of The Financial Brand? An interesting worldwide survey of 56,000 consumers by Company and Bain demonstrates that banks are losing company to their fintech rivals even as they continue their customers’ primary checking account.
LoanDepot raises simply $54M in downsized IPO out of HousingWire? Mortgage lender loanDepot went public this week inside a downsized IPO that raised just fifty four dolars million after indicating at first they will boost more than $360 million.
Fintech News Today: Top 10 Fintech News Stories for the Week Ending February