Fintech Insider Podcast by 11:FS cover image

745. News: QED's new $925 million fintech war chest & Klarna fights to return to profit

Fintech Insider Podcast by 11:FS

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The Power of FinTech to Save Relationships

Property FinTech has sold a £243 million let mortgage portfolio to digital bank Chetwood Financial. London vest will take a £10.5 million loss on the sale, which will be recognized in its 2024 results. The funds from the sale will be used to repay the facilities that financed the assets in the first place. Ben: Can FinTech have the power to save relationships? I'm sure it can. Mike: It's a really difficult thing to communicate.

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