Quantum computing is on the brink of revolutionizing various sectors, with financial technology (fintech) being one of the most promising areas of impact. This emerging technology leverages principles from quantum mechanics to solve complex problems and process massive amounts of data more
The global fintech sector has recently seen significant funding rounds, raising over US$165 million across three continents. This influx of capital targets sectors such as digital asset banking, cross-border payments, and healthcare administration, indicating a potential boost in investor
The banking-as-a-service (BaaS) industry has experienced a rollercoaster of regulatory scrutiny and market dynamics over the past few years. A year ago, the future of BaaS seemed uncertain due to significant regulatory pressures. However, as we look ahead to 2025, the outlook appears much more
The recent $70-million CAD Series B funding round secured by the Toronto-based startup Float marks a significant milestone in its ambitious growth and innovation strategy. Led by Goldman Sachs Growth Equity, with crucial contributions from OMERS Ventures, FJ Labs, Teralys, and Garage Capital, the
Albania is undergoing a sweeping transformation in its payment system, aligning itself with European Union standards through a mixture of legal reforms, regulatory updates, and technological advancements. This comprehensive modernization effort is led by the Bank of Albania, aiming to ensure that
Klarna, a Swedish fintech company renowned for its Buy Now, Pay Later (BNPL) service, has recently entered into a significant distribution partnership with Stripe, a leading fintech firm based in San Francisco. This collaboration is poised to expand Klarna’s BNPL service to merchants using S
