From VC favourites to layoff leaders: how fintechs weather economic storms
In 2021, fintech startups raised one-fifth of venture capital globally, yet today they account for the third-largest number of layoffs worldwide
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GoHenry offers budgeting tools to European kids with Pixpay acquisition
The UK-based financial education app and pre-paid debit card provider for kids has expanded into Europe, combining expertise in financial education with the acquired Pixpay
CFPB enhances data privacy and cybersecurity rules
The new legislation will restrict the exploitation of personal data in background screenings and credit reports
Bitcoin is more likely to crash than to rise again: gloomy prospects from the new survey
Investors expect BTC to tumble to $10,000 rather than rally back to $30,000 – the crypto winter is worsening
‘Ape Now Pay Later’ brings affordability to NFT
DeFi lender Teller rolled out new BNPL feature for the most popular nonfungible tokens
Starling will help small businesses manage their budgets
Small businesses and sole traders can now use Starling’s Bills Manager feature to budget, forecast, and control running costs
Bank of England urges crypto regulation
The crypto market is falling apart, and only a widespread crypto regulation can maintain financial stability
Korean subway will test ‘tagless’ Bluetooth fare payments
Two subway lines in South Korea will pilot a ‘tagless’ fare payment system
Digital Markets Act will make Apple less exclusive
The new legislation obligates big tech companies to allow app developers and third-party service providers access to device functionalities and proprietary software
Another crypto collapse: Voyager goes bankrupt
US cryptocurrency broker and lender Voyager Digital filed for bankruptcy protection due to “volatility and contagion” in the market
Indian UPI is now globally available
Payment innovations transforming the Indian economy during the last decade are now available globally via open APIs
Top 3 countries for future growth potential unveiled
According to Frost & Sullivan research, the United States, Norway, and the United Kingdom are moving in the right direction and demonstrating the highest future growth potential globally. Based on macroeconomic growth indicators and citizen-centricity, these countries have been ranked the top three countries, according to the 2022 edition of Frost & Sullivan’s Frost Radar™ […]
55th anniversary of the UK’s first ATM: 71% worried that the elderly will be cut off from society due to a cashless future
To coincide with the 55th anniversary of the launch of the UK’s first ATM, new research reveals Britons’ fears about the impact of a cashless society, and surprisingly how much the public still relies on cash machines and coins and notes. The survey, carried out by 3Gem on behalf of Transact Payments Limited (TPL), found […]
What type of taxes do people pay in the UK?
George Relish Editorial Director at Quidable It is a common adage that only death and taxes are two painful inevitabilities in life. Certainly, the latter seems to benefit us back under good governance. Taxes are used primarily to raise the revenue for the government’s budget. It also allows for some form of redistribution of […]
5 ways to promote your business without breaking the bank
Ciara Walsh Author Although many firms lack the necessary funds to create expensive marketing campaigns, promoting your company is essential for running a successful business. Without any marketing, you run the risk of not attracting enough customers, which may eventually lead to bankruptcy. So, what to do in a situation when you need to […]
Amazon launches in Belgium: here’s when
Earlier this year, Amazon announced plans of opening a logistics center in the country
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