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Brazilian bank Itau to sell Argentine business to Banco Macro

Brazilian bank Itau to sell Argentine business to Banco Macro

Happy Monday FinTech Fanatic, Brazilian bank Itau Unibanco has signed a binding agreement to sell its business in Argentina to Banco Macro for about 250 million reais ($51.47 million). The Brazilian bank had said in June it was in preliminary talks with Macro for the sale of its Argentine

Better.com’s stock tanks after SPAC combination brings it to the public markets

Better.com’s stock tanks after SPAC combination brings it to the public markets

Fantastic Friday FinTech Fanatic, After making a big splash earlier this year with the launch of its crypto card in the Brazilian market, cryptocurrency exchange Binance has now announced, only half a year later, that it will suspend its crypto debit card services. Not just in Brazil, but across all

Bunq has achieved its second major win against De Nederlandsche Bank (DNB)

Bunq has achieved its second major win against De Nederlandsche Bank (DNB)

Terrific Thursday FinTech Fanatic, Flutterwave, the leading startup in Africa, has reportedly planned to further its initial public offering (IPO) after achieving a significant milestone in obtaining its operational licence in Kenya by getting first-name approval. The intended IPO underscores the company’s dedication to expanding its reach and influence

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