FinTech

With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023

From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…

Sam Bankman-Fried’s lawyers reveal his planned testimony in FTX fraud trial

Lawyers for Sam Bankman-Fried late Wednesday revealed details of his planned testimony if he takes the witness stand at his…

Coinbase shares rise 6% as Grayscale ETF ruling takes effect

Shares of cryptocurrency exchange Coinbase rose about 6% Tuesday as optimism about a long-awaited bitcoin spot exchange-traded fund approval buoyed…

Binance to sell Russia business for undisclosed amount

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…

JPMorgan’s UK digital bank blocks customers from buying crypto

Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…

Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan

European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…

Britain’s $4.5 billion digital bank Monzo debuts investments feature

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into…

Stripe rival Adyen secures banking license in the UK

Dutch payments giant Adyen on Thursday said it won approval for a banking license in the U.K., marking a deeper…

Buy now, pay later firm Klarna cuts losses in first half but fails to post profit

Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as…