Daily News

Happy Monday! Revolut faces a regulatory quagmire as its pursuit for a UK banking license faces unexpected delays, casting shadows over its compliance strategy. While Nubank remains selective in its market approach, Revolut's ambitious spread—securing licenses for stock trading, insurance, crypto transactions, and more across multiple regions—

Hi there FinTech Fanatic!  Nu Mexico announced that it has applied for a banking license with the National Banking and Securities Commission (CNBV), the local regulator.  This strategic step follows Nu’s affirmed leadership in the region: in addition to being the largest Popular Financial Society (Sofipo) in the market,

Good morning FinTech Fanatic! When I woke up at the west coast of the US yesterday, the first FinTech news update I read was from Europe. Juni, the financial platform built for digital commerce, has enabled its cross-border payments capabilities, facilitating transactions to the US and mainland China for its

As the Crypto Asset Markets Regulation (MiCA) looms on the horizon, leading FinTech players such as Revolut, PayPal, and various crypto businesses are seeking more time to adapt to the forthcoming changes. MiCA, set to take effect across all European Union countries in December 2024, aims to establish a unified

Apple Card and Apple Savings are performing so poorly for Goldman Sachs, one executive has reportedly said that "we should never have done this f****** thing." Goldman Sachs invested heavily in its consumer lending projects, most notably on the Apple Card but also in others such as a

The FinTech landscape is buzzing with the echoes of disruption, change, and a certain tumultuousness that has investors on edge. A cascade of events has unfurled in the sector, starting with Adyen's palpable $13 billion evaporation in market cap last month, a swift reaction from stakeholders when it