- Kraken is launching the Krak Card, a crypto-to-fiat debit card offering 1% cash back and multi-asset spending across 400+ crypto and fiat currencies, with initial rollout in the UK and EU.
- The card supports direct deposit, no foreign exchange or monthly fees, and flexible funding rules that let users choose which assets cover each purchase.
- With the Krak Card, Kraken is positioning itself closer to a full-service financial platform, further blurring the lines between TradFi and DeFi...
- Klarna revealed plans to launch KlarnaUSD, a new stablecoin built on Stripe and Paradigm’s Tempo blockchain.
- Set to debut on the Tempo mainnet in 2026, KlarnaUSD will leverage early access to Tempo for testing and integration.
- The move positions Klarna to capture value in the $120 billion cross-border payments market, using stablecoins to cut costs for both consumers and merchants as stablecoin usage surpasses $27 trillion annually.
Two months after reaching one million...
The agenda for FinovateEurope 2026 (February 10—11) in London is still taking shape. We've already shared a preview of some of the top themes that the conference will address. Today we're looking at a trio of Executive Briefings that will offer attendees concentrated deep dives on a few key issues and trends in fintech and financial services.
This year, women in fintech, integrating AI into financial services, and the embedded finance revolution are the three areas of focus for our...
From AI-enabled commerce to AI-powered voice agents in insurance, companies across the fintech spectrum are busily integrating AI into their operations to boost efficiency, cut costs, and enhance the customer experience. It is a holiday-shortened week, so be sure to check in to Finovate's Fintech Rundown to keep you informed on the latest fintech headlines.
Insurtech
Eleos Life unveils AI voice agent to provide 24/7 customer support.
This week's edition of Finovate Global looks at recent fintech headlines from South Africa.
Lesaka Technologies to Acquire Bank Zero
Lesaka Technologies, a fintech that provides low-cost financial services to underbanked South Africans, has secured approval from the Competition Commission to acquire Bank Zero. An app-only bank co-founded by Michael Jordaan in 2018 and publicly launched three years later, Bank Zero today has more than 40,000 funded accounts and deposits of more...
