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.
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Our pick of the top fintech news stories this week includes HSBC, Klarna, Mastercard and more.
Laybuy entered into a receivership back in June.
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”.