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Welcome to another episode of our Daily Fintech Podcast.
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THE NEWS HIGHLIGHT OF THE DAY IS
2021 was a blockbuster year for Israeli-founded fintech startups, which continued to grow, mature, and attract investors’ interest. In 2021, Israeli-founded fintech companies raised a new record of US$4.5 billion in 2021, surpassing the three previous years combined, a new report by Viola Ventures, a leading tech-focused investment firm headquartered in Israel, shows.
JUST IN:
Starling Bank, a digital challenger bank headquartered in London, has said the brand is to launch in “Ireland and beyond”. The mention of the launch came in an Irish job advert posted last week, suggesting the bank is getting closer to offering its services there.
ALSO:
Russia's biggest bank, Sberbank, launched a cryptocurrency. In early March, just days after the invasion began, trading in Sberbank shares was halted in London after they plummeted 95%. The lender was ordered to close its European business as Western sanctions threw Russia's economy into disarray.
FURTHERMORE,
Amazon has chosen to renew a deal allowing JPMorgan Chase & Co. to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned.