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Danish Startup Flatpay Joins the European FinTech Unicorn Club

Danish Startup Flatpay Joins the European FinTech Unicorn Club

Hey FinTech Fanatic! Flatpay has reached a valuation of €1.5 billion, becoming one of Europe’s newest FinTech unicorns. The Danish startup focuses on small merchants and has grown to around 60,000 customers, up from 7,000 in April 2024. The company says it crossed €100 million in

Robinhood Pilots Same-Day Cash Delivery in NYC

Robinhood Pilots Same-Day Cash Delivery in NYC

Hey FinTech Fanatic! Robinhood wants those customers who still use cash. They are testing a new feature that delivers money directly to people's homes. The online brokerage company partnered with Gopuff, a delivery app, and will deliver money in sealed bags. The service is only available in New

Zilch Raises Over $175 Million to Accelerate Growth

Zilch Raises Over $175 Million to Accelerate Growth

Hey FinTech Fanatic! Zilch has secured over $175 million in debt and equity in a round led by KKCG with participation from BNF Capital and other strategic investors. The raise also expands its securitization facility with Deutsche Bank, according to the company’s latest announcement. The funding follows the launch

Mastercard Plans a Passwordless Number-Free Payment Future by 2030

Mastercard Plans a Passwordless Number-Free Payment Future by 2030

Hey FinTech Fanatic! Are you in London this week? On Saturday, the 15th, we’ve got another FinTech Running Club meetup in the city, with our new host Tobi John Oluwafemi! Let’s shut the laptops, lace up, and talk FinTech after getting some fresh air. Run with us! Sign

Coinbase Backs Out of Largest-Ever Stablecoin Deal

Coinbase Backs Out of Largest-Ever Stablecoin Deal

Hey FinTech Fanatic! Coinbase has just called off its $2 billion plan to acquire stablecoin infrastructure startup BVNK. In a statement to Fortune, a spokesperson for Coinbase said that "both parties mutually agreed not to move forward.” The deal was quite advanced, already in the due diligence phase. It

Coinbase Rolls Out New Token Sale Platform

Coinbase Rolls Out New Token Sale Platform

Hey Fin Tech Fanatic! Coinbase kicked off the week with a new release. This time, they are debuting a platform that lets blockchain projects sell digital tokens directly via Coinbase's infrastructure. Monad, a blockchain startup, will be the first to utilize this platform for its token sale. According

TPG Targets Nexi’s Digital Banking Division in €1B Deal

TPG Targets Nexi’s Digital Banking Division in €1B Deal

Hey FinTech Fanatic! TPG, a firm specializing in alternative asset management, has made a binding offer of approximately €1 billion for the digital banking solutions unit of Italy’s Nexi SpA, according to Bloomberg sources. The informants indicated that, after months of negotiations, a binding offer has now been submitted,