Fintech News Today: Top ten Fintech News Stories because of the Week Ending February. Read more
The three hot themes in fintech information this past week had been crypto, SPACs and buy then pay later, comparable to many months so far this year. Allow me to share what I consider to be the top ten most prominent fintech news accounts of the past week.
Tesla purchases $1.5 billion for bitcoin, plans to allow it as fee offered by FintechZoom.com? We kicked the week off of having the huge news from Tesla that they had acquired $1.5 billion of bitcoin found January; bitcoin predictably soared on the news.
Mastercard to support Some Cryptocurrencies on Its Network from The Wall Street Journal? More great 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 as well as employing cards to spend their crypto.
Bitcoin to Come to America’s Oldest Bank, BNY Mellon from The Wall Street Journal? The nation’s oldest bank account allows us a trifecta of huge crypto news since it announces that it will hold, transfer as well as issue bitcoin and other cryptocurrencies on behalf of the asset-management clients of its.
Fintech News Today – Mobile bank MoneyLion to travel public via blank check merger in $2.9 billion deal offered by Reuters? MoneyLion becomes the newest fintech to go on the SPAC bandwagon as they announced a $2.9 billion offer with Fusion Acquisition Corp.
OppFi is actually the most recent fintech to visit public via SPAC from American Banker? Opploans announced a rebrand to OppFi as they’ll additionally go public by merging with FG New America Acquisition Corp., an Illinois-based SPAC. (I am going to have more on this and also the MoneyLion SPAC next week).
Ex-SoFi CEO Starts Blank Check Company to Raise $250 Million offered by Bloomberg? Mike Cagney has decided to sign up for the SPAC party as he files files while using the SEC for Figure Acquisition Corp. I and intends to increase $250 million.
Klarna’s valuation set to triple to $30bln, affirms report from Fintech Futures? Privately contained Swedish BNPL giant is reportedly looking to raise $500 zillion at a $25b? $30b valuation. Additionally, they announced the launch of savings account accounts found in Germany.
Inside The Billion-Dollar Plan to be able to Kill Credit Cards from Forbes? Good profile on Max Levchin, co-founder and CEO of Affirm, and also the original days of Affirm in addition to the way it grew to become a BNPL juggernaut.
Survey Reveals a secret Customer Exodus in Banking as a result of The Financial Brand? An intriguing worldwide survey of 56,000 customers by Company and Bain indicates that banks are losing business to their fintech rivals even as they keep their customers’ core checking account.
LoanDepot raises just $54M wearing downsized IPO coming from HousingWire? Mortgage lender loanDepot went public this specific week inside a downsized IPO that raised just fifty four dolars million after indicating initially they will boost more than $360 million.
Fintech News Today: Top ten Fintech News Stories because of the Week Ending February