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The Final Countdown for Klarna’s Listing?

The Final Countdown for Klarna’s Listing?

Hey FinTech Fanatic! Klarna is quietly stepping back into IPO mode. Fresh off its EMI license in the UK, the Swedish FinTech is reportedly preparing for a New York listing as early as September or October. Whether Klarna will hold onto its $15 billion valuation from earlier this year remains

Kraken Raises $500M as Valuation Climbs to $15B

Kraken Raises $500M as Valuation Climbs to $15B

Hey FinTech Fanatic! Kraken is reportedly seeking $500 million in fresh funding at a $15 billion valuation, up from $11 billion in 2022 🤯 This comes as Kraken accelerates its expansion in Europe, supported by a new MiCA license and the June launch of its cross-border payments app, 'Krak.'

Coinbase Faces Rumors Over CoinDCX Acquisition

Coinbase Faces Rumors Over CoinDCX Acquisition

Hey FinTech Fanatic! Mint reported that Coinbase was in talks to acquire CoinDCX, the India-based crypto exchange, once valued at $2.2 billion. Sources pointed to a sharp drop, below $1 billion. Hours later, CEO Sumit Gupta pushed back on X: “Ignore the rumours. CoinDCX is super focused on building

FinTech Drama: JPMorgan Freezes Out Gemini After Public Clash

FinTech Drama: JPMorgan Freezes Out Gemini After Public Clash

Hey FinTech Fanatic! It’s not every day a banking relationship gets iced over a tweet, but that’s where we are. JPMorgan has reportedly paused re-onboarding Gemini after Tyler Winklevoss slammed the bank’s new data access fees as "anti-competitive" and "immoral." The dust-up adds

Cleo Considers IPO as Revenue Soars Toward $500M ARR

Cleo Considers IPO as Revenue Soars Toward $500M ARR

Hey FinTech Fanatic! Cleo posted $136M in 2024 revenue and says it’s just passed $250M ARR. 🤯 In a LinkedIn post, CEO Barney Hussey Yeo said the company is now profitable and weighing an IPO: “$500M ARR is around the corner. So, London or NYC for the IPO?” he wrote.

Tether’s Not Done Yet - And Now It Wants Wall Street

Tether’s Not Done Yet - And Now It Wants Wall Street

Hey FinTech Fanatic! Well, that didn’t take long. Less than a week after Trump signed the Genius Act into law, Tether is already plotting a U.S. return: four years after being booted from New York and slapped with $60 million in fines. This time, the world’s largest

Goldman & BNY Mellon Tokenize the $7.1T Money Market Industry

Goldman & BNY Mellon Tokenize the $7.1T Money Market Industry

Hey FinTech Fanatic! Two of Wall Street’s biggest names, Goldman Sachs and BNY Mellon, took a major step in rewriting how institutional money moves. They’ve launched a platform allowing institutional clients of BNY to buy tokenized money market funds, recorded on Goldman’s blockchain infrastructure. The big idea?