Sign in Subscribe

Latest

Kraken Launches ‘Embed’ to Bring Crypto to Banks and FinTechs

Kraken Launches ‘Embed’ to Bring Crypto to Banks and FinTechs

Hey FinTech Fanatic! This week I had the chance to visit Dubai and was blown away by an exclusive tour at Majid Al Futtaim — truly impressive what they're building in FinTech and beyond. (I'll share more details soon — stay tuned.) Funny side note: just a week

bunq: Looking Back & Ahead

bunq: Looking Back & Ahead

Mastercard Embraces Stablecoins, Invests in Corpay, and Introduces Agent Pay

Mastercard Embraces Stablecoins, Invests in Corpay, and Introduces Agent Pay

Hey FinTech Fanatic! In less than 24 hours, Mastercard unveiled three major moves signaling its bets on cross-border payments, stablecoins, and AI-driven commerce. First, Mastercard deepened its alliance with Corpay, making Corpay the exclusive provider of cross-border commercial payment services for its financial institution partners. Mastercard will also invest $300

Thunes Raises $150M to Expand U.S. Network

Thunes Raises $150M to Expand U.S. Network

Hey FinTech Fanatic! Thunes has secured $150 million in its Series D round, the largest in the company’s history, surprassing previous valuations. The funding round was led by Apis Partners and Vitruvian Partners. Now profitable and maintaining steady growth, Thunes is poised to use this capital to accelerate its

Flex Acquires A16z-Backed Maza for $40M

Flex Acquires A16z-Backed Maza for $40M

Hey FinTech Fanatic! Flex, a FinTech startup helping business owners manage both personal and corporate finances, has acquired a16z-backed Maza for $40 million. The deal comes less than two months after Flex raised $25 million in equity and secured a $200 million credit facility, which brought its valuation to $250

Crypto Surge Drives Revolut to Record £1Bn Profit

Crypto Surge Drives Revolut to Record £1Bn Profit

Hey FinTech Fanatic! In a year marked by changing consumer habits and a revived interest in digital assets, Revolut posted pre-tax profits exceeding £1 billion for 2024, more than twice its result from the year before. Revenues climbed to £3.1 billion as the company onboarded 15 million new customers,

Feedzai Acquires Demyst in $100M RiskOps Expansion

Feedzai Acquires Demyst in $100M RiskOps Expansion

Hey FinTech Fanatic! A new chapter is unfolding in the world of fraud prevention. Feedzai, a unicorn company known for safeguarding billions in financial transactions, has confirmed the acquisition of Australian data orchestration firm Demyst for $100 million, according to sources close to the deal. The agreement includes Demyst’s

Crypto Exchange Bithumb Restructures Ahead of Potential IPO

Crypto Exchange Bithumb Restructures Ahead of Potential IPO

Hey FinTech Fanatic! Bithumb, South Korea’s second-largest exchange, is quietly setting the groundwork that could redefine its trajectory. On July 31, it will carve out its non-exchange operations into a separate entity, temporarily named “Bithumb A.” The structure may seem complex, but the purpose is straightforward: to shield its

Fiserv Picks Kansas for New FinTech Hub, Bringing 2,000 Jobs to Overland Park

Fiserv Picks Kansas for New FinTech Hub, Bringing 2,000 Jobs to Overland Park

Hey FinTech Fanatic! Fiserv is betting big on Kansas. The global FinTech and payments giant is launching a major new strategic hub in Overland Park, expected to create around 2,000 jobs and inject fresh energy into the state’s growing tech economy. Set on the expansive 427,000-square-foot Aspiria

Credit Builders Alliance and VantageScore Expand Pilot Program to Empower Underserved Borrowers

Credit Builders Alliance and VantageScore Expand Pilot Program to Empower Underserved Borrowers

Hey FinTech Fanatic! Credit Builders Alliance (CBA) and VantageScore have expanded their innovative pilot program, adding ten nonprofit lenders to test the VantageScore 4plus credit scoring model. This model integrates traditional credit data with consumer-permissioned bank account information, aiming to provide a more accurate assessment of creditworthiness for individuals with

FinTech Friends in Bangkok and Dubai—Where Are You Hanging Out?

FinTech Friends in Bangkok and Dubai—Where Are You Hanging Out?

Hey FinTech Fanatic, You probably know me from my online content—but believe it or not, I actually prefer meeting in real life. That’s why I travel to tons of FinTech events around the world, mainly across Europe (make sure to attend Money20/20 in Amsterdam in June!) and

Toku Raises $48M in Record-Breaking Series A to Fix Latin America's Broken Billing Systems

Toku Raises $48M in Record-Breaking Series A to Fix Latin America's Broken Billing Systems

Hey FinTech Fanatic! Latin American FinTech Toku just pulled off a record: a $48 million Series A—the largest ever for a female founder in the region. Led by Oak HC/FT, the round also saw backing from heavyweights like Gradient Ventures, F-Prime, Clocktower, and Y Combinator. Toku, founded by

Allica Bank Doubles Down on SME Growth, Nearly Doubles Profits to £29.9M

Allica Bank Doubles Down on SME Growth, Nearly Doubles Profits to £29.9M

Hey FinTech Fanatic! Allica Bank, a UK-based SME-focused digital challenger, has reported a pre-tax profit of £29.9 million for 2024, marking an 86% increase from the previous year. The bank's gross revenue surged by 68% to £292.1 million, bolstered by significant investments in proprietary technology and

Wise Sees £350M Income Boom as Cross-Border Payments Surge Past £39B

Wise Sees £350M Income Boom as Cross-Border Payments Surge Past £39B

Hey FinTech Fanatic! UK FinTech giant Wise delivered impressive results, with underlying income hitting £350 million—a 13% jump driven by booming cross-border payment volumes surpassing £39 billion. Despite a slightly reduced take rate of 0.53%, the firm maintained a solid 20% profit-before-tax margin, demonstrating resilience amid competitive pricing