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Companies
Affirm Expands Financial Offerings With New Spending Account Tied to Debit...
Affirm, the prominent buy now, pay later provider, has unveiled plans to launch a spending account linked to its debit card, expanding its financial services suite. Affirm President Libor Michalek, during the company's recent investor forum in New York, shared that the account would offer features such as savings account-type interest, ATM access, and direct deposit capability...
Leaders
GoCardless Explores Mergers and Acquisitions to Bolster Market Dominance
GoCardless, a fintech company based in London with support from GV at Alphabet, is considering mergers and acquisitions as a strategic move to strengthen its position in the fiercely competitive online payments sector. CEO and co-founder Hiroki Takeuchi expressed the company's commitment to continuous growth, stating, "We’re constantly reviewing the market for opportunities that will accelerate our growth, add value to our core payment platform, or strengthen our open banking proposition."...
Features
Managing Difficulties and Regulatory Oversight with PayPal’s PYUSD Stablecoin
In August 2023, PayPal made its foray into the stablecoin market with PYUSD, but its debut faced a lackluster market reaction. Despite ongoing transparency concerns surrounding stablecoins, Tether continues to hold the position of the largest stablecoin...