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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Uncover, the new podcast by ComplyAdvantage. Join CEO Charles Delingpole and his team as they interview compliance leaders, FinTech innovators, and financial crime experts to uncover the latest best practices and industry trends. Subscribe on Apple Podcasts or Spotify today
THE NEWS HIGHLIGHT OF THE DAY IS
GoHenry, the U.K.-based financial education app and pre-paid debit card provider for kids, has expanded into Europe for the first time with the acquisition of French startup Pixpay. Terms of the deal were not disclosed.
JUST IN:
Klarna announced the closing of a new $800m financing at a $6.7bn post valuation.
ALSO:
The founder and former CEO of Lanistar has launched a new business providing crypto and fintech companies’ content to media brands
Interac Corp., a Canadian e-transfer service, is currently down due to issues with the Rogers network provider.
FURTHERMORE,
Australian buy now, pay later firm Openpay has ended its US operations and laid off most of its staff in the country.
WHAT ABOUT CRYPTO?
Crypto lender Voyager has filed for bankruptcy protection, citing volatility and contagion in the market, as well as the collapse of crypto hedge fund Three Arrows Capital Pte Ltd.
WHAT ARE THE LATEST INSIGHTS?
A new report issued by Mastercard found that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to make a payment.
LET’S HEAR ALL ABOUT MERGERS AND ACQUISITIONS:
Buckaroo acquired a majority stake in point-of-sale payment service provider SEPAY BV with the support of Keensight Capital.
AS FOR PARTNERSHIPS
TWBS Limited announced a partnership with Razer, the world's leading lifestyle brand for Gamers, to make Razer Gold widely available for purchase online and in-store throughout Europe soon.