745. News: QED's new $925 million fintech war chest & Klarna fights to return to profit

Episode 933 · June 5th, 2023 · 1 hr 1 min

About this Episode

Our expert hosts, Kate Moody and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.

We cover the following stories from the fintech and financial services space:

  • QED closes on $925M to back fintech startups globally - 5:10
  • UK banks shortchanging savers with ‘measly’ rates, says Which? - 17:10
  • Klarna's losses halve as Swedish fintech predicts return to profit - 30:00
  • Plenty’s new wealth-building app targets couples blending finances - 39:45
  • Property fintech LendInvest sells £243m buy-to-let mortgage portfolio following financing deals - 49:50
  • HSBC opts for Innovation in rebranding of Silicon Valley Bank UK - 51:30
  • Amazon ditches Alexa’s celebrity voices and will issue refunds upon request - 53:30

This week's guests include:

  • Jason Mikula, Publisher, Fintech Business Weekly
  • Mike Carter, Head of Platform Lending, Innovate Finance

With soundclips from:

  • Emily Luk, CEO, Plenty

This episode is sponsored by Thredd

Global Processing Services (GPS), the payments platform trusted by the leading issuers to process billions of transactions a year, has changed their name to Thredd. Why Thredd? Thredd, because their tailored payment processing solutions are the thread that connects payments innovators of the future. Thredd, because they are true partners, becoming part of the fabric of your business as it grows. And Thredd because it just feels right. Find out more at Thredd.com.

Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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