Daily Fintech Newsletter | Apr. 23rd
Hi!
In case you missed it, please see below today's most relevant fintech news.
Klarna is the latest FinTech to implement eco-conscious features to help its customers reduce their impact on the environment. Klarna will now add carbon footprint insights for 90m customers across 16 markets. “With fat, sugar, and salt levels labeled on the food we buy, why shouldn’t our CO2 emissions be just as visible? This type of information shouldn’t be a premium or luxury that consumers pay for, but rather an essential part of every shopping journey,” Sebastian Siemiatkowski, said. Read more here.
Gen Z is growing up and becoming an increasingly interesting area for new neo banks and venture capital investors. Monetizing these digitally native consumers, however, might prove more challenging, writes Selin Bucak. Link here.
BUX — a startup from Amsterdam that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions — announced an $80 million funding round. Link here.
Payments startup Pomelo Pay is empowering business customers of the Bank of Maldives to take international multi-currency payments, launch online shops, and process contactless payments. Link here.
Credit Kudos, the challenger credit reference agency and Open Banking provider, announced they have been selected as the Open Banking provider for Curve, the fintech that brings your cards into one smart card and app, for its forthcoming Curve Credit product. Link here.
Mercator estimates the 2020 U.S. subscriptions market to be worth $28.4 billion. Link here.
The launch of Lemonade Car will allow both existing and new customers to bundle their home, pet, and life policies with their car insurance. Link here.
CoinGecko, the world’s leading independent data aggregator hailing from Malaysia, is now on a mission to promote art appreciation and help artists connect with more audiences through the launch of NFT Spotlight. Link here.
The move comes as eToro looks to bolster its crypto offering for both retail and professional clients in the coming months. Link here.
WeWork, the leading flexible space provider, has announced that it will begin servicing a new economy by now accepting payment in select cryptocurrencies. Link here.
Black women are building and growing businesses faster than any other segment and yet receive less than one percent of venture capital funding. Link here.
Deel, a global payroll solution which helps businesses hire anyone, anywhere shared the following press release: We've officially entered unicorn territory, captain 🦄. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
My weekly newsletter
Sign up for my Weekly Digital Banking newsletter on Substack here.
My free daily newsletters
Sign up for my Daily Digital Banking newsletter here.
Co-invest alongside me in the most promising FinTech startups
Join our Angel Investors Syndicate. Link here.
Looking for funding?
If you are a startup looking for funding, sign up here.
Join our group
Do you have and use Telegram? Join our group and get the latest changes to the Fintech industry as they are happening.
Sign up to get my updates first!