FTX collapse will slow down crypto regulations, analyst warns

Eric Johansson — Tue, 06 Dec 2022 12:54:46 +0000

The implosion of the industry darling has put the future of the Digital Commodities Consumer Protection Act in doubt.

The post FTX collapse will slow down crypto regulations, analyst warns appeared first on Electronic Payments International.

What could keep Dubai from becoming a cryptocurrency capital?

Eric Johansson — Tue, 29 Nov 2022 03:30:00 +0000

Dubai must tackle three major challenges to ensure its future as a global cryptocurrency hotbed: the risk of fraud, talent shortages and international competition.

The post What could keep Dubai from becoming a cryptocurrency capital? appeared first on Electronic Payments International.

The 10 biggest fintech deals you missed in October

Eric Johansson — Mon, 14 Nov 2022 02:13:00 +0000

Fintech funding rounds still closed successfully in October, despite the industry's struggles with market uncertainty.

The post The 10 biggest fintech deals you missed in October appeared first on Electronic Payments International.

Fintech layoffs continue with digital bank Chime cutting 12% of staff

Eric Johansson — Thu, 03 Nov 2022 10:14:37 +0000

First Chime had to stop calling itself a bank, now it has to axe 12% of its staff.

The post Fintech layoffs continue with digital bank Chime cutting 12% of staff appeared first on Electronic Payments International.

Cover Genius bags $70m Series D amidst insurtech investment drop

Eric Johansson — Tue, 01 Nov 2022 10:22:12 +0000

Money seems to be drying out in the insurtech industry after the Covid-19 boom.

The post Cover Genius bags $70m Series D amidst insurtech investment drop appeared first on Electronic Payments International.

Klarna rival Tymit bags £23m round as BNPL industry keeps struggling

Eric Johansson — Wed, 26 Oct 2022 07:00:00 +0000

Late fees and a white label credit card are two of the things that make Tymit stand out in the increasingly crowded buy-now-pay-later market.

The post Klarna rival Tymit bags £23m round as BNPL industry keeps struggling appeared first on Electronic Payments International.

“Shoot now, pay later”: Fintech has become the latest gun control battleground

Eric Johansson — Thu, 22 Sep 2022 02:59:00 +0000

Fintech firms have found themselves at the centre of the US gun control debate.

The post “Shoot now, pay later”: Fintech has become the latest gun control battleground appeared first on Electronic Payments International.

Fintech startup Ledgy bags $22m in Series B round

Eric Johansson — Wed, 21 Sep 2022 09:55:33 +0000

Ledgy wants to remove the headache of equity management for startups.

The post Fintech startup Ledgy bags $22m in Series B round appeared first on Electronic Payments International.

White House orders SEC to “aggressively pursue” cryptocurrency firms and introduces framework for new rules

Eric Johansson — Tue, 20 Sep 2022 11:41:51 +0000

Joe Biden's White House has presented the framework for new cryptocurrency rules.

The post White House orders SEC to “aggressively pursue” cryptocurrency firms and introduces framework for new rules appeared first on Electronic Payments International.

Klarna CEO bullish despite tripling losses

Eric Johansson — Thu, 01 Sep 2022 15:26:20 +0000

The CEO of Klarna remains confident and takes a jab at rival Affirm as he reports that losses have tripled so far this year.

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