This Week’s Top 5 FinTech Stories

What’s Next for Klarna After US$1bn in Revenue?

Klarna has officially crossed the billion-dollar quarterly revenue threshold, marking a definitive shift from its origins as a buy-now-pay-later (BNPL) provider to a global digital bank.

The company’s fourth-quarter 2025 results show revenue climbing 38% to US$1.08bn,  surpassing market guidance and demonstrating the scaling power of its integrated financial services model.

The growth was underpinned by a 32% year-on-year increase in Gross Merchandise Volume (GMV), which reached US$38.7bn. This momentum was particularly pronounced in the US market, where revenue jumped 58%.

Klarna now has 29 million US consumers, meaning 11% of the American population has used the platform in the last 12 months.

Sebastian Siemiatkowski, CEO & Co-Founder of Klarna, says: “We've been executing on a clear plan: acquire customers through seamless payments, then deepen those relationships into banking,”

“Q4 showed that people want a bank that works for them, not against them. The number of our banking consumers has doubled in the past year, generating more than three times the revenue of our average consumers. Consumers are moving away from predatory revolving credit and we’re building the transparent alternative they deserve.”

Infosys & Anthropic AI in Manufacturing, Telco & Finance

Infosys has announced a strategic collaboration with AI safety and research company Anthropic to build and deliver enterprise AI solutions across telecommunications, financial services, manufacturing and software development.

The partnership integrates Anthropic's Claude models, including its agentic coding tool Claude Code, with the Infosys Topaz AI platform.

The deal launches first in telecommunications, where Infosys will establish a dedicated Anthropic Centre of Excellence to develop and deploy AI agents tailored to industry-specific operations. Expansion into the other sectors is planned to follow.

Dario Amodei, CEO and Co-Founder of Anthropic, says: “There's a big gap between an AI model that works in a demo and one that works in a regulated industry – and if you want to close that gap, you need domain expertise. 

“Infosys has exactly that kind of expertise across important industries: telecom, financial services, and manufacturing. Their developers are already using Claude Code to accelerate their work and to create AI agents for industries that demand precision, compliance, and deep domain knowledge.”

Visa Acquires Newpay and Prisma from Advent

Advent International is set to sell Prisma Medios de Pago (Prisma) and Newpay in Argentina to Visa. Newpay is the infrastructure provider of the Banelco ATM network in addition to the bill payment platform PagoMisCuentas.

Prisma, Newpay and Payway are businesses that resulted in the strategic transformation of Advent. The sale does not affect Payway, Advent’s merchant acquiring business, which will remain as a standalone business. 

The acquisition supports Visa’s client commitment as the acquisition sees a rollout of high-tech financial tools, bolstering the adoption of innovative payment solutions for both consumers and businesses across Argentina.

“This acquisition is an important step for Visa in Argentina, strengthening our client partnerships and advancing innovation across the payments ecosystem,” notes Ryan McInerney, CEO of Visa.

“By bringing together Prisma’s and Newpay’s deep local expertise with Visa’s global solutions and technology, we will empower our clients to make payments simpler, faster, and more secure for consumers and businesses.”

Why Adyen has Partnered with Medius for Corporate Cashback

In a significant move for the European spend management sector, Medius has partnered with fintech giant Adyen for the rollout of corporate cards that are integrated with Medius’ expenses management solution.

The collaboration aims to offer rebates, facilitating the differentiation in competitive markets as well as supporting Chief Financial Officers (CFOs) with driving cost efficiency and compliance needs.

Ekaterina Dzhalchinova, Vice President of Payments at Medius, notes: “Finance leaders are under pressure to do more with less, and we’re giving them a tool that doesn’t just control spend – it pays them back.

"Partnering with Adyen means we can deliver a secure, scalable solution that turns everyday transactions into tangible savings.”

Anastasia McAlpine, Head of Product Management, Trade and Supply Chain Finance at Finastra. Credit: Finastra

Finastra: Moving Toward Decentralised Finance with CargoX

In a move towards decentralised finance, financial software solutions provider Finastra has entered a strategic partnership with CargoX. The partnership sees the integration of CargoX’s document transfer platform with Finastra’s Trade Innovation solution.

CargoX utilises blockchain security for its electronic trade document (eTD) that supports more than 65 eTD types and, in combination with Finastra’s Trade Innovation Solution, enables a secure, seamless and scalable electronic document exchange for the global trade ecosystem. 

Additionally, clients stand to gain an increased sense of security with the benefits associated with a cloud-based solution.

Anastasia McAlpine, Head of Product Management, Trade and Supply Chain Finance at Finastra, says: “Our collaboration with CargoX reflects Finastra’s commitment to driving innovation and interoperability in trade finance. Together, we’re enabling financial institutions to digitise at source, streamline operations and unlock new value for their clients, especially SMEs, through secure, scalable and cloud-enabled solutions.”