Fed Goes Offline; Square is Doubling Down on Crypto; Klarna to Raise $1B at a $31B Valuation, and More

Weekly FinTech Digest | Week 8

This week (22-26 February) was another great week in FinTech. The BIG BAD news of the week - “operational error” got Fed to go offline, turning virtually the whole US financial system off for several hours. Further, Buy Now, Pay Later is getting hotter every month - Klarna will soon raise $1 billion, tripling its valuation to $31 billion, while Affirm l…