Daily News

Good morning FinTech Fanatic! In a surprising turn of events, the three remaining Irish retail banks have decided to pull the plug on their ambitious mobile payments app project, which was initially conceived to compete with industry disruptors like Revolut. The decision comes after facing setbacks and a prolonged drift

Good morning FinTech Fanatic! Not a day without Revolut news it seems. Revolut made an interesting move and is now offering its in-house built HR software that manages its 7500 employees to external companies. “The Revolut People” is now available: A system that they developed in-house and used for the

Good morning! Let's kick off with a shocking WSJ article mentioning a male Federal Deposit Insurance Corp. supervisor in San Francisco invited employees to a strip club. A supervisor in Denver had sex with his employee, told other employees about it and pressed her to drink whiskey during

Happy Monday! Despite the challenges posed by volatile geopolitics and an economic recession, the 2023 FinTech ecosystem is looking bright. Financial resilience prevailed despite Europe’s tough FinTech funding landscape. High inflation led to restrictive policies and rising interest rates, impacting valuations. Bank failures in the US and Europe added

Adyen on Wednesday cut its medium-term sales target, earning praise from analysts who said the new forecast was more realistic at a time when the digital payments sector is struggling.  Adyen is now aiming for a 20-30% increase over the next three years. While Adyen said its “substantial long-term opportunity

Good morning FinTech Fanatic! Today's highlight circles around Klarna's chief, Sebastian Siemiatkowski, who recently checked off his 'three tick boxes' that set the stage for the company's much-anticipated IPO. With all systems go, Klarna is steering towards a public debut that could