Groww is in talks for a new raise that would triple its valuation to $3B as investors eye huge user acquisition opportunities for local fintechs.
The banking giant will buy fintech GreenSky in a deal worth about $2.24 billion, broadening the line of products available to consumers through its direct bank unit.
Instagram knows it has ill effects on some teen users: This presents TikTok with an opportunity to pitch itself as a safer platform for content creators.
UK banks accused of blaming fraud victims: A consumer watchdog publication reports that banks aren’t adhering to their industry code’s threshold in disputes on fraudulent payments. The report may hurt banks’ reputations and help competitors woo away customers.
The BNPL provider will let merchants accept Bitcoin payments and plans to launch a crypto trading feature—which may help it stand out as other BNPL providers opt for more traditional feature enhancements.