FinTech

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…

Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on

Spirits were high when Dutch payments firm Adyen floated on the Amsterdam stock exchange in 2018. The company was riding…

UK launches £1 billion fintech fund to compete with Silicon Valley

The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a…

Beyond Big Tech: Alternative ways to invest in A.I., according to two ETF experts

While ETFs holding stocks such as Microsoft, Tesla and Meta Platforms have outperformed this year, there are other ways to…

Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds

Rampant bots on Twitter helped to pump up the price of cryptocurrency, including coins traded by insiders at FTX hedge…