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As Klarna cuts jobs, rival fintechs say they’re recruiting for hundreds of roles
World

As Klarna cuts jobs, rival fintechs say they’re recruiting for hundreds of roles

Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Not all fintech unicorns are cutting jobs. After Klarna announced plans to lay off 10% of its workforce Monday, some rival fintechs are making it clear that they have no intention of cutting jobs or freezing hiring. Revolut, […]

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Singapore start-up Nium seeks up to 0 million in deals to take on Europe’s crowded fintech market
Finance

Singapore start-up Nium seeks up to $400 million in deals to take on Europe’s crowded fintech market

Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images LONDON — Nium, a $2 billion digital payments start-up based out of Singapore, has big plans for its European business. The company, whose software helps […]

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Bank of America names its top global tech stocks — including one it says has upside of 100%
World

Bank of America names its top global tech stocks — including one it says has upside of 100%

As U.S. tech stocks continue to experience serious volatility, Bank of America looks further afield. Source

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