Revolut and Wise investor Index Ventures raises $2.3 billion

Revolut and Wise investor Index Ventures raises $2.3 billion
Netherlands - England EU

I'll keep it short. Had my focus on the big game today.




๐Ÿ“Š Mastercard ๐Ÿ†š Visa

A Comparison of Key Metrics in the Latest Income Statements:

Mastercard Vs Visa - App Economy Insights


๐Ÿ‡จ๐Ÿ‡ด Chilean paytech Vita Wallet announces launch of its first virtual debit card in Colombia. Vita Card will operate under the VISA umbrella as a card that could facilitate companies in making payments both in Colombian pesos and in dollars, using the available balance in their account.

๐Ÿ‡ง๐Ÿ‡ท FinTech Sicredi launches new app features for transferring money and sharing financial history via WhatsApp. With this launch, Sicredi's Open Finance has gained two new features to meet the needs of members in Roraima with convenience and security. Read on


๐Ÿ‡จ๐Ÿ‡ณ Thunes powers LianLian globalโ€™s new payment service. This collaboration demonstrates Thunesโ€™ commitment to support the growth of Chinese e-commerce and simplify cross-border payments internationally. LianLian Global Payout Service addresses the challenges of traditional cross-border payments, such as high costs, slow processing times and complex procedures. 

๐Ÿ‡ต๐Ÿ‡ช Fintech Minka partners with Gmoney and Globokas to expand instant payments in Peru. This new alliance is created to impact a market that today moves more than 390 billion dollars a year according to the latest report from the Central Reserve Bank of Peru.

๐Ÿ‡ช๐Ÿ‡ฌ enza and TerraPay announce a partnership to transform the payments landscape in Africa. By partnering, the organisations aim to tackle two problems that have inhibited the growth of businesses across Africa, and in doing so accelerate financial inclusion.

๐Ÿ‡ฎ๐Ÿ‡ฑ Wix adds new features allowing merchants to customize checkout forms. The new features let merchants add custom fields to the checkout form, customize field layouts, and adjust settings such as descriptions, mandatory status, and PII requirements, according to the email.

๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ Payment orchestration provider BR-DGE has announced the launch of its white-label payment orchestration solution, which is set to propel payment acquirers, gateways, platforms and other ecosystem players with agile and customisable modular tech to stand out in a fiercely competitive market

๐Ÿ‡ธ๐Ÿ‡ฌ Fave Singapore gets in-principle approval for payments license. This approval allows Fave to offer account issuance, merchant acquisition, and domestic money transfer services. The company plans to continue rolling out innovative commerce products in partnership with Pine Labs.


๐Ÿฆ Open Banking-Based A2A Payments & Technology Providers ๐Ÿ‘‡ 

Open Banking-Based A2A Payments & Technology Providers- The Paypers


๐Ÿ‡ณ๐Ÿ‡ฟ Dosh seeks licence to become countryโ€™s first pure digital bank. Shane Marsh, Dosh co-founder, said Dosh was not planning on opening any branches, and would be a digital-only bank offering deposits, personal loans and home loans, the last focused on young people trying to buy their first home.

๐Ÿ‡ฎ๐Ÿ‡ช N26 launches stocks, ETFs trading and investment management in Ireland and The Netherlands. This new offering allows customers to manage their investment portfolio directly through the N26 app, alongside their personal bank accounts, savings accounts, joint accounts, and crypto holdings.

โžก๏ธ Monzo Bank ๐Ÿ†š Starling Bank ๐Ÿ†š Revolut 

Monzo Bank Vs Starling Bank Vs Revolut- Growth-Hub UK


๐Ÿ‡ฌ๐Ÿ‡ง Cryptocurrency wallet provider Argent is partnering with Mastercard and blockchain startup Kulipa on a new crypto-powered payment card. The arrangement will incorporate zero-knowledge technology from Starknet, according to a press release issued Tuesday.

๐Ÿ‡ฎ๐Ÿ‡น Italy lays out MiCA guidelines for operating crypto companies. Under MiCA ruling, issuers of electronic money tokens are required to comply, apply and hold โ€˜relevant authorisationsโ€™  โ€“ such as an Electronic Money Institute (EMI) licence for example โ€“ to carry out activities within the European Union.


๐Ÿ‡บ๐Ÿ‡ธ Compliance startup Niva raises $3.3M: Niva's mission is to make it effortless to trust legitimate businesses anywhere in the world. Explore the full article for more info

๐Ÿ‡บ๐Ÿ‡ธ Canoe Intelligence secures $36m in Series C funding led by Goldman Sachs for AI expansion. The newly acquired funds are earmarked for several strategic initiatives. Primarily, Canoe plans to further its development of cutting-edge AI technologies that promise to revolutionize the management of alternative investments.

๐Ÿ‡ฌ๐Ÿ‡ง Index Ventures announced $2.3 billion in new funds to forge relationships with exceptional entrepreneurs who are creating transformative, category-defining businesses. The firmโ€™s fundraise comes at a pivotal moment for the global startup ecosystem. 


๐Ÿ‡ฑ๐Ÿ‡บ Mangopay chooses Mark Fleming as its new Chief Commercial Officer. Mark will join CEO Romain Mazeries' management team to spearhead the company's international expansion and growth into new customer sectors, furthering its impact on the platform economy.

๐Ÿ‡ฌ๐Ÿ‡ง Payabl. appoints Esfira Zakas as Chief Marketing Officer. Esfira has been promoted from Head of Marketing into the new role, evidencing payabl.โ€™s commitment to leveraging internal talent and fostering inclusive leadership. Read more

๐Ÿ‡ณ๐Ÿ‡ฑ BUX names new Chief Risk & Compliance Officer amid acquisition. Nontya Mtshaulana will join the neobroker from ABN AMRO, its new owner. At BUX, she will lead the companyโ€™s risk, legal, and compliance efforts and ensure practices that safeguard the interests of clients and stakeholders.  

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