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Welcome to your daily FinTech news!
In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.
NEWS HIGHLIGHT
Uber partners with Marqeta, Mastercard, and Branch to power the Uber Pro Card, an enhanced loyalty and payments experience that will help drivers and couriers save on gas, fees, etc. The Uber Pro Card offers customized perks, including up to 10% cashback on gas and 12% on EV charging. Link here.
BREAKING NEWS
Chase faces “significant disruption” as the UK app is hit with technical issues. Major outages started on Monday evening and continue to affect the service. Chase UK CEO Sanjiv Somani wrote to customers yesterday to explain the situation and reassure that “we have teams working around the clock to fix this, and we’ll provide updates." Link here.
Zopa CEO hints at a move into SME lending after nearly 18 years of offering consumer loans. The company completed its shift to being a fully licensed bank and has since expanded its personal lending and savings products. Link here
#FinTechSolutions
Afterpay introduced a new payment solution that gives consumers more choice, flexibility, and time to pay, with transparent terms to support responsible spending. Link here