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Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account […]
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French startup Alma is trying to build a new “buy now, pay later” giant in Europe. The company has closed a $130 million Series C round (€115 million). It has also raised $109 million (€95 million) in debt financing. Tencent, GR Capital and Roosh Ventures are investing in the startup for the first time. Some […]
Amazon is launching a new invite-based ordering experience for high-demand, low-supply products. The company told TechCrunch that the purpose of the new option is to help prevent inventory shortages and price gouging caused by robot traffic for high-demand items with limited quantities. Amazon says its goal is to ensure that genuine customers are able to […]
Things continue to look up for European fintech giant Klarna. Around this time last year, it would have been hard to say that.
Alex Wilhelm explained the ins and outs of Klarna’s first-quarter earnings in May, along with a little history on its rather …