Why the fintech industry should be worried
Investment is cooling down, startups are firing hundreds of employees, and fintech stocks are dropping.
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Retail Banking and Lending
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Retail Banking and Lending
Bitstamp CEO is out after short term in charge
Bitstamp has a new CEO, barely 18 months after Julian Sawyer took on the role
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Carlyle Group further dilutes stake in SBI’s credit card JV
American private equity firm Carlyle Group has diluted its stake in SBI Cards & Payments Services in a block deal worth $294.84m. …
Mashreq Bank launches new unit to bolster payment capabilities
UAE-based Mashreq Bank has carved out a new wholly-owned subsidiary from its existing payments business to bolster its position in the digital…
NatWest plans to foray into BNPL space this year
British banking group NatWest is reportedly planning its foray into the burgeoning buy now, pay later (BNPL) market later this…
Korean mega-disruptor Kakao sees stocks tank as controversy grows in South Korea
South Korea internet giant Kakao has seen its stock price slump to its lowest point in almost a year, as…
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Minority challenger bank Majority’s minority shareholders inject $27m in major Series A
Majority, a challenger bank for immigrants, has raised $27m in a new funding round from tech celebrities such as Klarna…
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Retail bankers plan to invest in internal software upgrades to cope with regulatory changes: Poll
The need to transact remotely amid COVID related lockdowns is accelerating innovation and technology adoption by financial institutions. Regulatory initiatives…