[ad_1] Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending.…
Tag: PayPal Holdings Inc
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
[ad_1] SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup…
How to send a digital gift card on Amazon, Venmo or Cash App
[ad_1] Jeff Greenberg | Universal Images Group | Getty Images Don’t panic if you miss the window to order a gift for someone during the holidays, or are in a…
Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO
[ad_1] “Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later firm Klarna has established a holding…
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
[ad_1] The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America. Airwallex Global fintech giant Airwallex on Thursday said it has agreed to…
Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year
[ad_1] As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
[ad_1] Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses. Courtesy: Kelly Boynton | Gusto JPMorgan Chase is stepping up…
Fintech giant Wise allowed Russia sanctions target to withdraw money, UK government says
[ad_1] Wise CEO and co-founder Kristo Kaarmann. Wise British financial technology giant Wise allowed an individual on the Russian sanctions list to withdraw money, a U.K. government body said Thursday.…