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Fintech News Today: Top 10 Fintech News Stories due to the Week Ending February

Fintech News Today: Top ten Fintech News Stories for the Week Ending February. Read more

The 3 hot themes in fintech news this past week had been crypto, SPACs and buy then pay later, similar to many days so considerably this season. Allow me to share what I think about to be the top 10 foremost fintech news accounts of the previous week.

Tesla buys $1.5 billion in bitcoin, plans to recognize it as fee offered by FintechZoom.com? We kicked the week from that has the big news from Tesla that they’d acquired $1.5 billion of bitcoin found January; bitcoin predictably soared on the news.

Mastercard to allow for Some Cryptocurrencies on Its Network coming from The Wall Street Journal? A lot more great news for crypto investors as Mastercard indicated it is going to support several cryptocurrencies directly on the network of its as even more people use cards to invest in crypto as well as using cards to spend their crypto. 

Bitcoin to Come to America’s Oldest Bank, BNY Mellon from The Wall Street Journal? The nation’s oldest bank account gives us a trifecta of large crypto news as it announces that it will hold, transport as well as issue bitcoin as well as other cryptocurrencies on behalf of the asset-management clients of its.

Fintech News Today – Movable bank MoneyLion to visit public through blank-check merger in $2.9 billion deal from Reuters? MoneyLion becomes the most recent fintech to go on the SPAC bandwagon as they announced a $2.9 billion package with Fusion Acquisition Corp.

OppFi is actually the newest fintech to travel public through SPAC coming from American Banker? Opploans announced a rebrand to OppFi as they will also go public by merging with FG New America Acquisition Corp., an Illinois based SPAC. (I am going to have more on this and also the MoneyLion SPAC next week).

Ex-SoFi CEO Starts Blank-Check Company to Raise $250 Million from Bloomberg? Mike Cagney has made the decision to join the SPAC bash as he files documents using the SEC for Figure Acquisition Corp. I and intends to bring up $250 million.

Klarna’s valuation set to triple to $30bln, affirms article from Fintech Futures? Privately kept Swedish BNPL giant is reportedly wanting to increase $500 huge number of in a $25b? $30b valuation. They also announced the launch of bank account accounts found in Germany.

Within The Billion-Dollar Plan To Kill Credit Cards from Forbes? Great profile on Max Levchin, co founder and CEO of Affirm, and also the original days of Affirm in addition to how it grew to become a BNPL juggernaut.

Survey Reveals a secret Customer Exodus in Banking from The Financial Brand? An interesting global survey of 56,000 customers by Bain & Company shows that banks are actually losing business to their fintech rivals even as they keep their customers’ primary checking account.

LoanDepot raises just $54M wearing downsized IPO coming from HousingWire? Mortgage lender loanDepot went public this week inside a downsized IPO which raised just fifty four dolars million after indicating initially they will raise over $360 million.

Fintech News Today: Top ten Fintech News Stories because of the Week Ending February

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