Marcel van Oost

Hey FinTech Fanatic! Klarna CEO Sebastian Siemiatkowski publicly backed President Trump’s proposal to cap US credit card interest rates at 10%. A direct challenge to how the US credit card machine really works. His argument is blunt. Wealthier consumers enjoy rewards and perks, while lower-income households fund them through

Hey FinTech Fanatic! Rain just closed a $250M Series C, pushing its valuation to $1.95B. That’s a 17x jump in just 10 months. Total funding now sits above $338M. And the operating metrics are catching up fast. More than $3B in annualized transaction volume and over 200 enterprise

Hey FinTech Fanatic! Apple has found a new banking partner for Apple Card. JPMorgan Chase will become the new issuer.  The transition is expected to take around 24 months. A long runway for one of the most closely watched partnerships in consumer finance. Mastercard remains the card network. Goldman Sachs

Hey FinTech Fanatic! Papaya Global is reportedly in advanced discussions around a potential sale, with valuations ranging between $3.5B and $4.5B. Talks are said to involve private equity firms and enterprise software giants like SAP and Oracle. The bigger driver here is B2B. Revenue came in just over

Hey FinTech Fanatic! PicPay disclosed a sharp jump in revenue and profit in new US IPO filings, as the Brazilian FinTech renews its push to list shares in New York. For the nine months ending September 30, PicPay reported profit of R$313.8M, up from R$172M a year