Cash App launches ‘pay later’ feature for P2P pay transfers

Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.

Chime Offers Up To 5% Cash Back And Other Perks On Secured Credit Card

The San Francisco fintech announced a new set of rewards–including cash back on one category of spending–in a bid to boost new-user growth.

Monzo to exit US market

Monzo is closing its US banking operations after struggling to gain traction in the market, and will instead focus on its core UK and European business.The UK digital bank, famed for its bright coral …

Six months out of stealth, Credibur hits €2B in facility volume

Six months after emerging from stealthand completing its pre-seed funding round, Credibur reports that its platformnow supports clients with a total of €2 billion in debt facility volume. Thefigure re…

Brickken secures €3M to expand tokenisation infrastructure

Barcelona-basedBrickken, a provider of tokenisation infrastructure for financial institutions,has raised €3 million in a pre-Series A funding round. The round includedstrategic investors from across E…

TomoCredit Revamps Marketing Claims, Emphasizes Coaching Instead Of Boosting Credit

The San Francisco fintech has significantly revised its product descriptions, addressing some of the issues Forbes previously reported as misleading to consumers.

Midas closes $50M Series A to scale on-chain investment products

Midas, a platform for composable on-chain investmentproducts, has raised $50 million in Series A funding. The round was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV…

Theia Insights grabs $8M to map the global economy with AI

Cambridge-based deeptech company Theia Insights has raised $8 million in Series A funding, ledby MiddleGame Ventures, with participation from Further Ventures and UnusualVentures. The round brings the…

Klarna veterans launch Galdera with €1.5M for AI financial modeling

Stockholm-based Galdera Labs has launchedwith €1.5 million in pre-seed funding to develop an AI-driven platform forfinancial modelling. The round was led by J12 Ventures, with participation fromAntler…

German fintech Solaris to axe 20 per cent of 400-strong workforce, as becomes “AI-native bank"

One of Germany’s most high-profile fintechs in recent years is cutting 20 per cent of its workforce, as it looks to become an “AI-native bank”, marking the latest restructure at Solaris.Solaris, which…