The Digital Finance Forum (DFF), a network of the UK’s fintech founders, has published a study concluding that one in three UK fintech founders are optimistic about the country’s ability to retain its leading position in fintech in the next five years. Nearly two thirds of the respondents consider the UK to be the current […]
A large group of over 70 European fintech companies are warning that new EU rules on payments processing could unfairly pit them against large banks and decimate the industry if they are passed into law. The rules are part of the European Union’s Payment Services Directive (PSD) and would ban the practice of “screen scraping,” […]
Far from cooling off, investments in European and Israeli FinTech startups continued to be on the rise in the first quarter of 2016.
Almost exactly a year ago, Swedish payment solutions provider Klarna announced that it would expand to the United States in ‘early 2015’, and subsequently demonstrated that its plans were ambitious by revealing that they would spend “at least $100 million” in the next three years to attack the US market. Clearly, it’s taken Klarna a […]