Jupiter Fund Management looks to sell its stake in Starling Bank; & more!

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to your daily FinTech news! NEWS HIGHLIGHT Jupiter Fund Management looks to sell its stake in Starling Bank. The UK-based asset manager owns a stake of approximately 10% in the challenger. According to the report, that share is worth over £200M. Link here. FINTECH NEWS #proptech Landa can make you a landlord with just $5. The way it works is similar to other fractional real estate ownership startups. Landa makes money by taking a 6% acquisition fee at the time of purchase. It also keeps 8% of the gross rent monthly. Landa has also secured $60 million in debt financing for its market expansions. Link here #bnpl BNPL firm financing gun purchases. Democrat lawmakers have written to BNPL firm Credova Financial expressing "strong concerns" about its facilitation of online gun purchases. Link here BNPL giant Klarna losses quadruple. The firm says the losses were caused by rising defaults on borrowing and the cost of integrating recently acquired price comparison site PriceRunner. Link here