FinTech Futures: Top five news stories of the week – 23 August 2024
Our pick of the top fintech news stories this week includes HSBC, Klarna, Mastercard and more.
Our pick of the top fintech news stories this week includes HSBC, Klarna, Mastercard and more.
Laybuy entered into a receivership back in June.
Our pick of the top fintech news stories this week includes Sainsbury’s, Viva Wallet, Laybuy and more.
Gary Rohloff, managing director of Laybuy, describes the appointment of receivers as “gut wrenching”.
The New Zealand-based firm is currently listed on the Catalist stock exchange with a value of around $5.4 million.
The start-up last raised debt financing in late July 2020.
Just 22% of the nation didn’t carry personal debt into 2021.
Blind allegiance has seen the BNPL sector explode in 2020.
Laybuy asks for no interest and brands itself as “ethical”.