Stripe in Talks for Funding at $70-100B Valuation; JP Morgan to Launch Digital Bank in UK; Toast Soars to $8B Valuation 7 Months After Cutting Half its Staff

Weekly FinTech Digest | Week 48

This week (23-27 November) was super hot and interesting on in FinTech this year. Stripe is in talks for new funding that could double or triple its current valuation making it worth a whopping $70-100 billion; JPMorgan is launching a digital bank in UK in early 2021; Toast did a pandemic pivot and nearly doubled its valuation to $8 billion, and more ex…