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Revolut's New License Approval & Nubank's Big Move Into Telecom

Revolut's New License Approval & Nubank's Big Move Into Telecom

Hey FinTech Fanatic, In a recent development, Revolut India announced that it has received an in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI). This approval allows the company to offer prepaid cards and wallets in India, significantly enhancing its operational scope in the

Lake Views, Tight Jerseys, and Todays FinTech News

Lake Views, Tight Jerseys, and Todays FinTech News

Hey FinTech Fanatic! I'm currently in Italy for a few days, soaking up some quality time with my partner for her birthday. I'm about to have a ride around Lake Como on my bike, and I’m stoked to wear the new jersey David Velez from

Inside Revolut’s Big Crypto Ambitions

Inside Revolut’s Big Crypto Ambitions

Hey FinTech Fanatic! In February, Revolut announced to its customers the introduction of a crypto exchange tailored for experienced traders, signaling the FinTech giant's intent to capitalize on the flourishing bull market. This move is not Revolut's debut in the cryptocurrency realm, yet it underscores the

Klarna's $40M Profit Boost from ChatGPT Adoption & More FinTech News

Klarna's $40M Profit Boost from ChatGPT Adoption & More FinTech News

Hey FinTech Fanatic, Regrettably, I won't be attending FinTech Week NYC this year, which admittedly leaves me with a sense of missing out. However, this does afford me additional time to curate pertinent news for you. Below, you'll find a selection of today's most

Nubank Ultravioleta enters the travel segment with the launch of Global Account for customers

Nubank Ultravioleta enters the travel segment with the launch of Global Account for customers

Hey FinTech Fanatic! Nubank Ultravioleta is entering the travel segment with the launch of Global Accounts for (high-income-) customers, in partnership with Wise. This new service, initially available to its high-income Ultravioleta segment customers, aims to offer lower fees and overseas internet service. The global banking account will be introduced

FinTech VC Funding Slows to the Lowest Level since 2017

FinTech VC Funding Slows to the Lowest Level since 2017

Hey FinTech Fanatic! Traveling today so I'll keep it short. Enjoy my list of most important FinTech industry updates I think you should read today👇 Cheers, Marcel FEATURED NEWS 🇷🇺 Russian antitrust agency complains to Apple over users' limited payment services. Russia’s Federal Antimonopoly Service (FAS) has

Bunq's Historic Profit Milestone and the Road Ahead

Bunq's Historic Profit Milestone and the Road Ahead

Hey FinTech Fanatic! Starting with news from my hometown Amsterdam: Despite achieving profitability for the first time in eleven years, Bunq's shareholders were required to provide additional funds last month. Ali Niknam, the bank's CEO and a major shareholder, along with Pollen Street Capital, invested €29