Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021  |  Investments

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...

READ MORE >
Report: Monzo Jumps Into BNPL
Report: Monzo Jumps Into BNPL
September 10, 2021  |  Buy Now Pay Later

Digital bank Monzo will soon enter the buy now, pay later (BNPL) market, according to a report from the Evening Standard Friday (Sept. 10) that...

READ MORE >
The Week in Payments: Apple Pay Merchants Outpace Users, Connected Cars Get Huge New Backer
The Week in Payments: Apple Pay Merchants Outpace Users, Connected Cars Get Huge New Backer
September 10, 2021  |  Payment Methods

Bitcoin went bonkers again this week with another spectacular dump coinciding with its adoption by El Salvador as an official currency. The crypto price action...

READ MORE >
UK Post Office’s ID App to Enable Crypto Purchases
UK Post Office’s ID App to Enable Crypto Purchases
September 10, 2021  |  International

U.K-based users of the Post Office’s EasyID identity-verification app will be able to buy cryptocurrencies such as bitcoin using a voucher system from Swarm Markets,...

READ MORE >
Ruling: Apple Can’t Force In-App Purchasing
Ruling: Apple Can’t Force In-App Purchasing
September 10, 2021  |  Legal

Apple can’t force developers to use its in-app purchasing, a federal judge ruled on Friday (Sept. 10) following the trial pitting the tech giant against...

READ MORE >
Affirm, Afterpay, PayPal Earnings Show BNPL’s Explosive Growth and Potential 
Affirm, Afterpay, PayPal Earnings Show BNPL’s Explosive Growth and Potential 
September 10, 2021  |  Buy Now Pay Later

For confirmation that buy now, pay later (BNPL) has arrived, so to speak, and as a payments choice is rapidly cementing its place with consumers,...

READ MORE >
Crypto Is Innovative But Risky, European Regulator Says
Crypto Is Innovative But Risky, European Regulator Says
September 10, 2021  |  Cryptocurrency

A new report by the European Securities and Markets Authority (ESMA) calls cryptocurrency both a financial innovation and a possible threat due to the cost...

READ MORE >
PayPal Hikes Merchant Fees Between UK, European Businesses
PayPal Hikes Merchant Fees Between UK, European Businesses
September 10, 2021  |  International

PayPal is hiking merchant fees between businesses operating in the U.K. and those in the European Economic Area (EEA), the BBC and multiple news outlets...

READ MORE >
Kroger Closes Q2 With Digital Partnerships, Higher Wages, Rebranding
Kroger Closes Q2 With Digital Partnerships, Higher Wages, Rebranding
September 10, 2021  |  Retail

Kroger closed its second quarter with new digital partnerships, rebranding with a unifying symbol and boosting its employees’ wages to $16 per hour, which will...

READ MORE >