According to a report released today by IPSE about one million UK-based freelancers have been pushed into debt since the pandemic hit.
Tencent's WeChat Pay will start giving its 600 million users a credit rating using an AI-based system to determine people’s “trust” value, according to Asia Times Financial.
Last week Revolut announced that it will provide cryptocurrency to all seven million customers.
Open banking allows financial institutions to share financial information with each other securely.
Austin based FinTech startup Self, announced that it has raised $20 million round of Series C financing, co-led by Altos Ventures and Conductive Ventures.
Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.
Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.