Klarna updated its super-app; & more

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below:

This podcast episode is sponsored by Yolt.

Yolt enables businesses to unlock the value of open banking, through expert consultancy and a range of specialist services, which deliver real growth and returns.

Visit yolt.com today

NEWS HIGHLIGHT

Klarna updated its super-app so that consumers can keep track of all their online shopping. Users can connect their email accounts for Klarna to scan details from order confirmation emails and then import the data to the app. This feature is currently compatible with Gmail and Outlook. Link here

FINTECH NEWS

#cryptocurrencies

• Boomers are buying cryptocurrencies. The share of crypto users aged 55+ has increased by more than two-thirds since the start of the year. In a survey of over 1,500 participants, Mercuryo also found that 27% of customers above 65 yrs old hold crypto.


• UK’s ASA banned two ads by Arsenal FC for its crypto-based fan token program. The regulator complained that the FC had not clarified that the value of investments could rise or fall. Link here


• Bluebenx suspended withdrawals due to an alleged hack that made the company lose more than $31 M. Withdrawals would be stopped for at least six months. Link here