Fintech

Swedish payment giant Klarna is going to cut hundreds of jobs in the coming days. Today's news comes a few days after the Wall Street Journal reported that the company was going to cut its valuation in order to raise fresh capital. The company currently employs around 7,000 people. Cutting 10%

Recent product news from Stripe and Plaid indicate the two private companies are gunning for one another as the market for B2B financial technology matures, expands and individual players increasingly overlap. It might sound silly that Stripe, best known for its payments technology, and Plaid, best

"http://localhost:81/images/resimler/speakable-summary">Cryptocurrency exchange FTX is launching stock trading capabilities for its customers through its U.S. division. The company, helmed by co-founder and billionaire Sam Bankman-Fried, said in an announcement that its launch will start in private

The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Near — a data intelligence company that has amassed 1.6 billion anonymized user profiles attached to 70 million locations in

Slice is adding the popular railroad UPI on its eponymous app as the Indian fintech looks to broaden its offerings and pushes to become a one-stop payments app for consumers in the world's second largest internet market. The Bengaluru-headquartered startup, which became a unicorn late last year

  Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception. In conjunction with its “Plaid Forum” event, the startup today unveiled a number of “product enhancements and new initiativ

Coinbase, the third-largest crypto exchange by volume, has changed its tune on hiring amid a market downturn. “Heading into this year, we planned to triple the size of the company. Given current market conditions, we feel it's prudent to slow hiring and reassess our headcount needs agains

"http://localhost:81/images/resimler/speakable-summary">After a difficult first quarter, investing app Robinhood is doubling down on new product launches, particularly in its crypto unit, in hopes they will help buoy the business. CEO Vlad Tenev announced the company’s plans to roll out non-cu

Apple users can now request and send money from their Apple Cash card directly through the Wallet app with the launch of iOS 15.5. The company notes that to request or send money directly from Wallet, users can open up the app, tap on their Apple Cash card to view it, tap “request or send,

Welcome back to The Interchange, the weekly technewss series that looks at the latest — and what's ahead — in the global fintech industry. It's an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into fintech

"http://localhost:81/images/resimler/speakable-summary">Terraform Labs, the company behind the Terra USD (UST) and Terra (LUNA) cryptocurrencies, briefly halted the Terra blockchain for two hours on Thursday following the Terra ecosystem's meltdown this week, which caused its stablecoin, UST, to

Facebook Pay will soon be renamed Meta Pay, according to a blog post written by Meta’s head of fintech, Stephane Kasriel. With the rebrand, the company is focusing on enhancing the payments experiences it already provides with Facebook Pay in regions where it’s seeing good adoption, as

If there's one area that has thus far felt insulated from the global venture downturn, it's infrastructure. Companies that offer banking as a service and help other businesses offer their own financial services and products in particular continue to rake in the dollars. The latest such comp

At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital IDs, transit passes, concert tickets, vaccination cards and more. That’s pretty straightforward, but from here on