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PayPal and UKG Partner to Streamline Payroll Access for U.S. Employees

PayPal and UKG Partner to Streamline Payroll Access for U.S. Employees

Hey FinTech Fanatic! PayPal and UKG, a prominent provider of HR and payroll solutions, have announced a strategic collaboration aimed at simplifying payroll access for U.S. employees. Through this partnership, employees whose pay is processed via UKG Pro can now effortlessly set up a PayPal Balance account and opt

Revolut’s $45B Valuation Milestone & Nubank’s $404M Share Sale

Revolut’s $45B Valuation Milestone & Nubank’s $404M Share Sale

Hey FinTech Fanatic! Revolut has achieved a remarkable $45 billion valuation through a recent share sale by employees. This milestone places Revolut as the UK’s second-most valuable bank, trailing only HSBC, and surpasses its previous $33 billion valuation from 2021. The UK government is keen to leverage this momentum,

Klarna Launches Save Now Pay Later Amidst IPO Preparations

Klarna Launches Save Now Pay Later Amidst IPO Preparations

Hey FinTech Fanatic! After a fantastic week in Bogotá, where I met some incredible people, I'm preparing to fly back home to Amsterdam this Saturday. It's been a great experience, and I can't wait to return soon. As I wrap up my time here,

Nubank Hits 105M Customers and Doubles Income in Q2 2024

Nubank Hits 105M Customers and Doubles Income in Q2 2024

Hey FinTech Fanatic! Nubank has once again delivered outstanding results in Q2 2024, reinforcing its position as a leading global digital financial platform. The company reached an impressive milestone of 105 million customers by June 30, 2024, adding 5.2 million new users in the quarter alone. This represents a

Kakao Founder’s Arrest Shakes South Korea’s Tech and Banking Sectors

Kakao Founder’s Arrest Shakes South Korea’s Tech and Banking Sectors

Hey FinTech Fanatic! The arrest of Kakao founder Kim Beom-su has created turmoil in South Korea's FinTech and AI sectors, highlighting deep-rooted issues in the country's business and political environment. Kim, once South Korea's richest person, was arrested on charges of stock manipulation during

Amazon Expands Credit Card Options in Germany and the UK

Amazon Expands Credit Card Options in Germany and the UK

Hey FinTech Fanatic! Greetings from Bogotá, Colombia! After an invigorating week in Curaçao, I’m thrilled to be here, diving into what promises to be an exciting week ahead. The agenda is packed with meetings with some of the most innovative minds in the local FinTech industry, and I’m

Tencent Sells Stake in Tide

Tencent Sells Stake in Tide

Hey FinTech Fanatic! Chinese technology giant Tencent has recently divested its stake in the British neobank Tide, marking a strategic pullback from its international investment ventures. The shares were sold to undisclosed buyers, signaling a shift in Tencent's global investment approach. Tencent, globally recognized for its super-app WeChat,