Venmo Launches its First Credit Card with Up to 3% Cash Back and Personalized Rewards; Macy's Invests in Klarna; Mastercard Invests in Marqeta

Weekly FinTech Digest | Week 41

Last week (5-9 October) was yet another interesting week in FinTech this year. PayPal-owned company Venmo is rolling out Venmo Credit Card to select customers. The Visa card offers 3% cash back on eligible purchases, personalized rewards and tools to track and manage finances; iconic department store Macy's has taken a stake in buy now, pay later outfit