Social trading and investment network eToro unveiled that it will begin rolling out its stock lending program in the UK. The capability, which is available in Europe and the UK, enables eligible users to lend out their stocks.
Stock lending isn't new. In fact, it has long been a passive revenue generator for large brokers and hedge funds. Bringing this capability to an alternative platform like eToro gives the fintech a competitive edge as it brings more transparent, value-added services...
The year may be winding down, but fintech is still winding up. This morning brings news of Airwallex's $333 million round, valuing the company at $8 billion. Grab yourself a warm cup of cheer and settle in for this week's top fintech news. We'll continue to add more announcements as the week progresses.
Airwallex raises $330M Series G at $8B valuation.
Digits launches Ask Digits, a 24/7 AI assistant for real-time financial answers and actions.
Vroozi...
This week's edition of Finovate Global features news from fintechs headquartered in Sweden.
Swedish digital bank and payment provider Klarna has introduced Tap to Pay across 14 markets in Europe. The new features bring flexible payments to the brick-and-mortar retail world at scale, and help to transform Klarna's app into a contactless wallet ready for everyday use.
“Tap to Pay brings us closer to our vision of Klarna being...