Swedish financial technology start-up Klarna has reported an annual loss for the first time, following years of profitability.

B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it […]

Mastercard announced that Ajay Banga, President and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Mastercard Incorporated on January 1, 2021. Mastercard’s Board unanimously elected Michael Miebach, Chief Product Officer, to become Chief Executive Officer.

Metro Bank has announced that it will repay £50 million of bailout funding to RBS. The announcement arrives as the bank altered its strategy after releasing its full-year results and scaled-back its plans for branch expansion over the next few years.

HSBC is to shut 27 branches this year putting almost 50 jobs at risk. The bank, which announced last week it would cut 35,000 jobs around the world, including “meaningful” reductions in the UK, said it would invest almost £34m in its remaining network of 594 branches, 49 of which are to be refurbished this year.

The digital bank Revolut has become the UK’s most valuable financial technology startup after a funding round that more than tripled its value to £4.2bn.

Mastercard Inc. seeks to hire 1,500 more staff at its global technology hub in Dublin. That would mean more than trebling the size of its workforce in Ireland’s first major multinational jobs announcement of 2020. Hiring is expected in over the next three to five years.

Ottawa-based e-commerce company Shopify Inc. has joined Libra Association, the group behind Facebook’s plan to […]

Members Exchange (MEMX) is a new equities exchange that will compete with the New York Stock Exchange and Nasdaq. It has just received backing from more Wall Street usual suspects, with Goldman Sachs, JPMorgan and Jane Street Capital putting their money behind the project.

name web Barclays Accelerator https://www.barclaysaccelerator.com/#/ Copenhagen Fintech https://copenhagenfintech.dk/ Elevator Lab https://elevator-lab.com F10 Incubator and Accelerator […]

Conference Date Location Web Paris FinTech Forum January Paris, France https://www.parisfintechforum.com/ Digital Transformation in Banking […]

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Austin based FinTech startup Self, announced that it has raised $20 million round of Series C financing, co-led by Altos Ventures and Conductive Ventures.

Coinbase has become the first pure-play cryptocurrency company to receive Visa membership, according to the official press release.