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 then pay later, similar to many weeks so even this season. Here are what I consider to be the top ten most important fintech news posts of the past week.
Tesla buys $1.5 billion for bitcoin, plans to accept it as payment offered by FintechZoom.com? We kicked the week from having the huge news from Tesla that they’d acquired $1.5 billion of bitcoin found January; bitcoin predictably soared on the news.
Mastercard to support Some Cryptocurrencies on The Network of its from The Wall Street Journal? More good news for crypto investors as Mastercard indicated it is going to support several cryptocurrencies immediately on the network of its as more people are utilizing cards to purchase crypto as well as 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 account provides us a trifecta of big crypto news as it announces that it will hold, transport and issue bitcoin along with other cryptocurrencies on behalf of the asset management clients of its.
Fintech News Today – Movable bank MoneyLion to visit public through blank-check merger in $2.9 billion deal from Reuters? MoneyLion becomes the most recent fintech to go on the SPAC camp since they announced a $2.9 billion deal with Fusion Acquisition Corp.
OppFi is the newest fintech to go public via SPAC as a result of 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 will have much 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 made a decision to become a member of the SPAC party as he files documents 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 wanting to increase $500 huge number of at a $25b? $30b valuation. They also announced the launch of bank account accounts found in Germany.
Inside The Billion-Dollar Plan In order to Kill Credit Cards from Forbes? Good profile on Max Levchin, co founder and CEO of Affirm, and the early days of Affirm in addition to the way it became a BNPL juggernaut.
Survey Reveals a secret Customer Exodus in Banking as a result of The Financial Brand? An interesting worldwide survey of 56,000 customers by Company and Bain indicates that banks are losing company to their fintech rivals while as they continue their customers’ central 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 at first they would boost over $360 million.
Fintech News Today: Top 10 Fintech News Stories due to the Week Ending February