Top news of the week: 11.12.2022.
Walmart-backed fintech startup plans to launch its own buy now, pay later loans
The fintech startup, called One, wants to launch a service that shoppers could use at Walmart's website and stores, as well as at other retailers.
London overtakes New York and San Francisco for fintech funding
The capital has combined its strengths in financial services and tech to become a world powerhouse in fast growing areas such as payment processing and online banking
Why Fintech Firms Can’t Achieve Global Scale
Expansion of fintechs can be good news for consumers, legacy banks and countries involved, as innovation improves banking accessibility.
Startup digital bank Kroo launches 2% interest bearing current account
Mobile-only UK bank Kroo has launched its flagship current account. offering customers two percent in interest on amounts up to £85,000.
Walmart plans to offer BNPL loans through its fintech venture - report
The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon as next year, the Information reported on Thursday, citing three people familiar with the ...
2-hour sit-down with Sam Bankman-Fried on the FTX scandal
In this episode of The Scoop, Sam Bankman-Fried describes how a legacy payment system linked FTX’s future to Alameda’s fate, and why regulators and auditors alike failed to discover this ...
Evolve's Problematic Partners: Bankruptcies, Regulatory Actions, Abrupt Shutdowns
Sequoia, Craft Urged Portfolio Companies To Pull $200m in Funds From Evolve-Linked Mercury, Sources Say
Revealed: the Alameda venture capital portfolio
A look inside Sam and Caroline’s grab-bag of crypto, etc.