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Revolut Targets $9B Revenue and $3.5B Profit for 2026... as IPO Plans Drift Further Out

Revolut Targets $9B Revenue and $3.5B Profit for 2026... as IPO Plans Drift Further Out

Hey FinTech Fanatics! Revolut expects to generate $9B in revenue and $3.5B in profit in 2026. Numbers that underline just how large the business has become. Founder & CEO at Revolut, Nik Storonsky, also confirmed a $75B valuation and said the current round was agreed back in May. He

Monzo CEO Anil Pushed Out as Boardroom Tensions Surface

Monzo CEO Anil Pushed Out as Boardroom Tensions Surface

Hey FinTech Fanatics! Monzo quietly reshuffled its leadership after CEO Anil stepped down in October. The move now appears far less voluntary than first presented. The Financial Times reports that Anil was pushed out over disagreements on IPO timing and international expansion. He wanted to list earlier and planned to

Five Crypto Firms Win Trust Bank Approvals, Including Ripple, Circle, and BitGo

Five Crypto Firms Win Trust Bank Approvals, Including Ripple, Circle, and BitGo

Hey FinTech Fanatics! Ripple, along with Circle and BitGo, just received conditional approval from the OCC to become federally chartered trust banks in the US. Fidelity Digital Assets and Paxos were also included in the approvals. If finalized, the firms would join roughly 60 institutions with national trust charters, bringing

Nexo Acquires Buenbit as It Accelerates a Bold Expansion Across Latin America

Nexo Acquires Buenbit as It Accelerates a Bold Expansion Across Latin America

Hey FinTech Fanatics! Nexo is acquiring Buenbit in a move that marks one of the largest digital asset expansions in Latin America. The company manages $11B in assets and is pushing deeper into the region. Buenbit is a CNV-registered provider with strong traction in Argentina and Peru. The platform is

Airwallex Commits $590M to UK Expansion as EMEA Push Accelerates

Airwallex Commits $590M to UK Expansion as EMEA Push Accelerates

Hey FinTech Fanatics! Airwallex will spend $590M on UK-focused growth as it prepares a wider expansion across Europe, the Middle East, and Africa. The company plans to roll out new products, including credit cards and billing tools. Dozens of hires are coming, taking the UK team to 160 by the

Mollie Nears UK FinTech GoCardless Takeover as GoDutch Lands €3.6M Seed

Mollie Nears UK FinTech GoCardless Takeover as GoDutch Lands €3.6M Seed

Hey FinTech Fanatics! Mollie is nearing a takeover of GoCardless, one of the most significant consolidation moves Europe has seen in years. The deal could be announced this week. Mollie was last valued at $6.5B. GoCardless sat near $2.1B in 2022, with recent reports pointing closer to $1.

Crown Raises $13.5M Series A and Hits a $90M Valuation

Crown Raises $13.5M Series A and Hits a $90M Valuation

Hey FinTech Fanatics! Crown just raised a $13.5M Series A. The round brought in Paradigm, marking the firm’s first investment in a Brazilian company. The raise puts Crown at a $90M valuation. BRLV has already passed R$360M in subscriptions, making it the largest stablecoin in emerging markets.