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Stripe's valuation hits $𝟳𝟬 𝗕𝗶𝗹𝗹𝗶𝗼𝗻

Stripe's valuation hits $𝟳𝟬 𝗕𝗶𝗹𝗹𝗶𝗼𝗻

Hey FinTech Fanatic! Stripe’s valuation has edged up to $70 billion, spurred by Sequoia Capital's recent move to purchase shares from current investors seeking to exit the FinTech company, which specializes in payment processing for merchants. Sequoia Capital has proposed a share price of $27.51, as

Revolut Streamlines Share Classes in Pursuit of Banking License

Revolut Streamlines Share Classes in Pursuit of Banking License

Hey FinTech Fanatic! Revolut has filed a change of share class document with companies house. This could be the merging of all classes to one ordinary stock type as stipulated by the BoE as a hurdle to obtain the Banking License. More info to follow once the document becomes available.

Open Payment Technologies Unveils "Kuady" Digital Wallet

Open Payment Technologies Unveils "Kuady" Digital Wallet

Hey FinTech Fanatic! Open Payment Technologies Ltd has launched "Kuady," a digital wallet app designed to enhance financial inclusion and streamline money management for merchants and users. Kuady offers a secure and user-friendly experience, facilitating efficient financial transactions. Initially debuting in Peru and Chile, Kuady will enable seamless

Revolut and Wise investor Index Ventures raises $2.3 billion

Revolut and Wise investor Index Ventures raises $2.3 billion

I'll keep it short. Had my focus on the big game today. Cheers, Marcel INSIGHTS 📊 Mastercard 🆚 Visa A Comparison of Key Metrics in the Latest Income Statements: FINTECH NEWS 🇨🇴 Chilean paytech Vita Wallet announces launch of its first virtual debit card in Colombia. Vita Card will operate under

Visa and HSBC Join Forces to Launch Zing Payments App

Visa and HSBC Join Forces to Launch Zing Payments App

Hey FinTech Fanatic! Visa, HSBC, Tink, and Currencycloud have teamed up to support HSBC Group's latest international payments app, Zing. Zing allows users to hold and send funds in multiple currencies and transact in over 200 countries, all through a single app and multi-currency card. Launched in the

Last-Minute Favor + Top FinTech News

Last-Minute Favor + Top FinTech News

Hi FinTech Fanatic! Today’s edition kicks off with a special twist—I need your help! I’m on the hunt for tickets to the semi-final of the European Championship, where The Netherlands will face off against England. I know it’s last minute, but you can always ask, right?

Revolut Founder to Sell Part of Multibillion-Dollar Stake in $500M Share Sale

Revolut Founder to Sell Part of Multibillion-Dollar Stake in $500M Share Sale

Hey FinTech Fanatic, Nik Storonsky, the founder and CEO of Revolut, is preparing to sell a portion of his multibillion-dollar stake in the company as part of a $500 million (£391 million) share sale. This information, obtained by Sky News, indicates that Storonsky plans to offload stock valued at tens