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Coinbase takes stake in stablecoin firm Circle

Coinbase takes stake in stablecoin firm Circle

Wonderful Wednesday fellow FinTech Fanatic, I’d like to start with the news Coinbase, the crypto exchange giant, is teaming up with Circle, the creator of USDC stablecoin, bringing these crypto heavyweights even closer together. The two companies also said they will close down the Centre Consortium, a private governance

Nuproblems: Nucoin surges 2,000% after Nubank expands loyalty token program

Nuproblems: Nucoin surges 2,000% after Nubank expands loyalty token program

Good morning, Welcome to your daily FinTech news! #FINTECHREPORT Lessons from Pix: How to build a real-time payments platform at its full potential. This paper provides a comprehensive deep dive into Pix's design and protocol, highlighting critical decisions and tradeoffs and providing recommendations for other countries building fast

Adyen Co-CEO Rules Out Buybacks After Stock Rout

Adyen Co-CEO Rules Out Buybacks After Stock Rout

Good morning FinTech Fanatic, Now that the first dust has settled after last week’s sharp drop in Adyen's share price, the FinTech company continues to look confidently to the future, according to Bloomberg reports. “We’re focused on building a business and we always had a policy

Trading in Adyen shares briefly halted after 25% price loss

Trading in Adyen shares briefly halted after 25% price loss

Happy Friday FinTech Fanatic, After Nubank released it’s financial results earlier this week, Amsterdam-based FinTech unicorn Adyen published its shareholder letter and financial statements for H1 2023 on Thursday. Although Adyen reported revenue of 739.1 million euros ($804.3 million) in the first half of the year, up

Nubank continues to expand its customer base

Nubank continues to expand its customer base

Terrific Thursday fellow FinTech Fanatic, I’d like to start today’s newsletter with the latest financial results neobank Nubank released over the second quarter of 2023, because they are quite impressive. The Brazilian unicorn added 4.6 million customers in Q2'23 alone and 18.4 million Year-over-Year,

Binance files for protective order against SEC

Binance files for protective order against SEC

Happy Wednesday FinTech Fanatic, Today we mainly have crypto-related news within this intro, as there’s a new development in the ongoing battle between Binance and the US Securities and Exchange Commission (SEC). The world’s largest crypto exchange filed for a protective court order against the SEC, saying the

Are pension products the next big thing for European Challenger banks?

Are pension products the next big thing for European Challenger banks?

Good morning! I'd like to start with a shoutout to my good friends from Paris who launched Swan’s Open Source Sponsorship Program. This initiative will see them sponsoring five open-source projects each month. Learn more about Swan’s commitment to sponsoring open source projects, and how you