Market Launch: The Swiss National Bank (SNB) has introduced instant payments in Switzerland, allowing around 60 Swiss financial institutions to receive and process...
Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand.
Laybuy's Previous Struggles: Laybuy ceased...
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a secondary share sale.
Employee Benefits:...
ICYMI Funding Round-Up Summary:
Cardea Corporate Holdings:
Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
