Banking
UK government looks to strengthen BNPL protections with launch of latest consultation
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...
Banking
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
Banking
Barclays signs agreement to become exclusive issuer of GM credit card programme
Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...
Banking
Santander UK enters open banking payments partnership with Token.io
Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure.
The collaboration allows Santander customers to...
Banking
UK challenger Monese to be acquired by fellow fintech Pockit
Pockit, a UK fintech, is acquiring Monese, a mobile banking provider, aiming to create a fintech platform for financially underserved and lower-middle-income consumers...
AI
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
Bitlayer (Singapore) secured $9 million in a Series A extension, co-led by Polychain Capital and Franklin Templeton, following a $5 million seed and...
Banking
Aleph acquires majority stake in Argentinian PSP Localpayment
Aleph Holding has acquired a controlling equity interest in Localpayment, an Argentinian payment service provider focused on emerging markets.
Localpayment will be rebranded...
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