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WEEKLY FACTS - Week 12

Every day, ADN'ews analyses the latest innovations and news on financial services and international payment. Focus on announcements that should not be missed this week and that outline major trends in the sector.

The settlement of transport tickets is also done in cryptocurrency in Toulouse

Travellers who will now use Toulouse public transport will now be able to use a new alternative method of payment to pay for their ticket: cryptoactives. Tisseo Voyageurs, the region's public transport network, has in fact joined the FinTech specialist Lyzi to make this service accessible.

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Klarna offers its BNPL exclusive offer to Walmart customers

The Swedish BNPL giant Klarna expands its web internationally and has recently signed a major partnership in the United States to enable it to establish its ambitions. Klarna has just moved closer to the American distribution giant, Walmart, to become the exclusive provider of split payment services to its end customers.

In 2015, Klarna announced its launch in the United States. Its positioning across the Atlantic has not been without darkness. In particular, Fintech had to make substantial financial efforts partly responsible for its record losses to win. It was in 2021 that Klarna submitted first positive results in this high-potential market, before recording a growth of its record volume of transactions in 2022. The United States has since become the first market for Klarna's international activity in terms of users (with 37 million customers in 2023 in the country).

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BBVA implements its cryptoactive purchasing/sales service

The second largest Spanish bank is now officially opening up to a new business. After years of tests and consolidation for its service, BBVA has received the approval of the National Securities Market Commission (CNMV) and thus plans to offer buying, selling and custody services from Bitcoin and Ether in Spain.

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