Daily News

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

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,

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

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

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

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