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Swedish fintech company Klarna announced Wednesday it will offer mobile phone plans in the United States for $40 monthly, marking the latest expansion in CEO Sebastian Siemiatkowski's ambitious push to transform the buy-now-pay-later pioneer into an AI-powered financial "super app" serving 100 milli

Mantle, a Layer-2 blockchain built on Ethereum with over $220 million in total value locked, launched UR on Tuesday, billing it as the world's first blockchain-based neobank. The Swiss-backed platform aims to bridge traditional finance and decentralized finance through a unified account system that

Swedish buy-now-pay-later pioneer Klarna began testing a debit card in the United States, marking its most direct challenge yet to traditional banking institutions. The Stockholm-based fintech company announced Tuesday it has partnered with Visa to offer consumers both immediate payment options and

Over the past decade, neobanks – fully digital challenger banks – have evolved from fintech upstarts into some of the financial industry’s most influential players. Born in the mobile internet era, these banks without brick-and-mortar branches have attracted hundreds of millions of customers globall

Financial technology firms that recently enjoyed soaring profits from high interest rates now confront a challenging transition as rates begin to decline globally. Several major fintechs reported substantial profit increases in recent reporting periods, but industry analysts warn that companies over