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Connecting the dots in FinTech

NEWS HIGHLIGHT

Sebastian Siemiatkowski, CEO of Klarna, accuses media outlets of "hypocrisy" over treatment of BNPL in a tweet. The CEO believes Klarna is getting unfair media coverage by media outlets compared to credit card firms. Link here

BREAKING NEWS

Manchester fintech startup Boodil secures £525k funding to scale consumer focused Open Banking payment solutions. Link here

Nubank exceeds expectations with $7.8M Q3 net profit as loan portfolio swells. The bank's CFO said that personal loan originations are closely tied to the outlook for the Brazilian economy. Link here