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UK Closes BNPL Consultation, Eyes New Regulation in 2022

UK Closes BNPL Consultation, Eyes New Regulation in 2022
UK Closes BNPL Consultation, Eyes New Regulation in 2022
January 06, 2022  |  Buy Now Pay Later

On Jan. 6, the U.K. Treasury closes a public consultation on buy now, pay later (BNPL), with the clear intention of bringing BNPL products into...

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Nike’s Patent Suit vs Lululemon’s Mirror Reflects Rising Stakes in Connected Fitness
Nike’s Patent Suit vs Lululemon’s Mirror Reflects Rising Stakes in Connected Fitness
January 05, 2022  |  Retail

When Nike, the world’s largest athletic apparel and equipment maker, looked in the Mirror, it did not like what it saw. In this case, the Mirror...

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mPharma Raises $35M to Expand Healthcare Access in Africa
mPharma Raises $35M to Expand Healthcare Access in Africa
January 05, 2022  |  International

Ghana-based health tech startup mPharma has raised $35 million to build a chain of community pharmacies across Africa as it races to be the primary...

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PYMNTS NFT Series: From Famous Artists to Forgers, the Art World Embraces NFTs
PYMNTS NFT Series: From Famous Artists to Forgers, the Art World Embraces NFTs
January 05, 2022  |  NFTs

Welcome to the third installment of PYMNTS’ series on non-fungible tokens (NFTs), the newest craze in crypto. Get the Full Story Complete the form to...

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5G Deal Won’t Stop All Flight Disruptions, Report Says
5G Deal Won’t Stop All Flight Disruptions, Report Says
January 05, 2022  |  Technology

The conflict between a new 5G service and aviation safety has reached a truce, The Wall Street Journal reported Wednesday (Jan. 5), curbing some of...

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theUp.co Nets $9.4M to Launch Hospitality ‘Super App,’ Hire Staff
theUp.co Nets $9.4M to Launch Hospitality ‘Super App,’ Hire Staff
January 05, 2022  |  International

London-based hospitality management platform theUp.co has raised $9.4 million (€8.3 million) on its mission to lead innovation in the hospitality sector, EU-Startups reported Tuesday (Jan. 5)....

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Petal Raises $140M Series D Toward Credit Building for the Underserved
Petal Raises $140M Series D Toward Credit Building for the Underserved
January 05, 2022  |  Investments

Credit card company Petal, which was created to help people build credit and spend frugally, has raised $140 million in a Series D round led...

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Bitcoin Daily: Baanx Gets FCA Approval for Providing Crypto; Peru to Debate Crypto Regulations; Airbnb Poll Shows Demand for Crypto Payments; Bitcoin Price Falters as Fed Debates Shrinking Balances
Bitcoin Daily: Baanx Gets FCA Approval for Providing Crypto; Peru to Debate Crypto Regulations; Airbnb...
January 05, 2022  |  Bitcoin

FinTech Baanx has received full approval for cryptoassets registration by the U.K.’s Financial Conduct Authority (FCA), according to a IBS Intelligence report Wednesday (Jan. 5)....

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No Slowdown in Sight for Surging BNPL as Consumers Want it, Retailers Need It
No Slowdown in Sight for Surging BNPL as Consumers Want it, Retailers Need It
January 05, 2022  |  Retail

Despite a year of unmatched growth, countless news stories and a few blockbuster acquisitions within the buy now, pay later (BNPL) space, as the old...

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