Fintech News Today: Top 10 Fintech News Stories due to the Week Ending February. Read more
The 3 hot themes in fintech information this past week had been crypto, SPACs and buy now pay later, similar to many weeks so even this season. Allow me to share what I think about to be the top 10 most important fintech news stories of the previous week.
Tesla buys $1.5 billion for bitcoin, plans to allow it as fee offered by FintechZoom.com? We kicked the week from which has the massive news from Tesla that they’d acquired $1.5 billion of bitcoin found January; bitcoin predictably soared on the news.
Mastercard to allow for Some Cryptocurrencies on The Network of its from The Wall Street Journal? Much more great news for crypto investors as Mastercard indicated it will support some cryptocurrencies immediately on its network as more people are using cards to buy crypto and also employing cards to spend their crypto.
Bitcoin to Come to America’s Oldest Bank, BNY Mellon coming from The Wall Street Journal? The nation’s oldest savings account gives us a trifecta of big crypto news as it announces that it is going to hold, transfer and issue bitcoin as well as other cryptocurrencies on behalf of the asset-management clients of its.
Fintech News Today – Movable bank MoneyLion to travel public via blank check merger of $2.9 billion deal offered by Reuters? MoneyLion becomes the most recent fintech to go on the SPAC train because they announced a $2.9 billion package with Fusion Acquisition Corp.
OppFi is actually the newest fintech to travel public through SPAC coming from American Banker? Opploans announced a rebrand to OppFi as they’ll also go public by merging with FG New America Acquisition Corp., an Illinois-based SPAC. (I will have more on this and the MoneyLion SPAC following week).
Ex-SoFi CEO Starts Blank-Check Company to Raise $250 Million offered by Bloomberg? Mike Cagney has decided to become a member of the SPAC soiree as he files files while using the SEC for Figure Acquisition Corp. I and intends to bring up $250 million.
Klarna’s valuation set to triple to $30bln, affirms article from Fintech Futures? Privately contained Swedish BNPL giant is reportedly looking to raise $500 zillion in a $25b? $30b valuation. They also announced the launch of savings account accounts found in Germany.
Inside The Billion-Dollar Plan to be able to Kill Credit Cards offered by Forbes? Good profile on Max Levchin, co-founder and CEO of Affirm, as well as the early days of Affirm along with the way it grew to become a BNPL juggernaut.
Survey Reveals a concealed Customer Exodus in Banking as a result of The Financial Brand? An intriguing global survey of 56,000 consumers by Bain & Company shows that banks are losing company to their fintech rivals even as they keep their customers’ primary checking account.
LoanDepot raises just $54M wearing 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 because of the Week Ending February