Seeking to diversify its revenue streams, Klarna launches a price comparison tool in the US, UK, and Nordics; Klarna acquired PriceRunner for ~$125M in 2022 (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
Seeking to diversify its revenue streams, Klarna launches a price comparison tool in the US, UK, and Nordics; Klarna acquired PriceRunner for ~$125M in 2022  —  Klarna has rolled out a search and compare tool in the UK and Nordics as the fintech looks to diversify its revenue away from buy-now …

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Amazon launches the Amazon Insurance Store in the UK, a comparison service for buying and reviewing third-party providers’ home and contents insurance (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times:
Amazon launches the Amazon Insurance Store in the UK, a comparison service for buying and reviewing third-party providers’ home and contents insurance  —  Company says comparison service that will initially focus on home and contents products is ‘just the beginning’

Taktile, which allows fintech companies to test and deploy decision-making models, has raised a $20M Series A co-led by Index Ventures and Tiger Global (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Taktile, which allows fintech companies to test and deploy decision-making models, has raised a $20M Series A co-led by Index Ventures and Tiger Global  —  The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line …

A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear (Helen Li/Wired)

Helen Li / Wired:
A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear  —  In dispensaries, cash is king—and it’s a nuisance for business owners and buyers.  Fintech players are entering the fray.

Cloud storage startup Wasabi, which competes with AWS’ S3, raised a $250M Series D, or $125M equity, led by L2 Point, and $125M debt, at a $1.1B+ valuation (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Cloud storage startup Wasabi, which competes with AWS’ S3, raised a $250M Series D, or $125M equity, led by L2 Point, and $125M debt, at a $1.1B+ valuation  —  The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world.

The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future (Hannah Lang/Reuters)

Hannah Lang / Reuters:
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future  —  The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings …