Klarna, the AI-powered global payments network and shopping assistant, is working with global small business platform Xero, to help small businesses accept payments from consumers wanting a ‘buy now, pay later’ option.

For Xero’s customers*, offering Klarna’s alternatives to traditional credit means they can get paid up front while their customers don’t have to worry about high interest rates and hidden fees. 

Klarna, the AI-powered global payments network and shopping assistant, will launch its flexible payment methods on Adyen’s physical payment terminals across Europe, North America and Australia. Adyen, the financial technology platform of choice for leading businesses, is the first global PSP to launch Klarna simultaneously on all physical payment terminals worldwide. 

Cross-border payments are essential to the success of global trade, but their speed and efficiency are yet to be maximised. Here, Edvards Margevics, Co-partner of

 eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD.

The acquisition will strengthen eToro’s footprint in a key market for the business, while also broadening its product offering as the company expands its long-term savings proposition globally.  

The Monetary Authority of Singapore (MAS) announced today the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel. The Panel replaces MAS’ Cyber Security Advisory Panel, with an expanded mandate to cover technology resilience which, together with cybersecurity, significantly underpins the operational resilience of the financial sector.   

A quarter (25%) of investors globally would consider switching from wealth managers that fail to modernize and embrace new technology, according to Avaloq, a leader in digital banking solutions and wealth management technology. The new research, conducted among over 3000 investors and 300 wealth managers across Europe, Asia, and the Middle East, found that wealth management professionals are reluctant or unable to use investment advisory tools with clients.

Kriya, the leading B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses.

Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This streamlined solution also reduces the risk for lenders by backing credit with secured deposits.

PayPal Holdings, Inc. announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State.