Marcel van Oost

Hey FinTech Fanatic! IG Group has announced the acquisition of UK neobroker Freetrade for £160 million (USD $195 million). The deal values Freetrade at approximately 5x its annual run rate revenues, based on Q4 2024 performance of £8.3 million, contributing to total 2024 revenues of £27.5 million. Since

Hey FinTech Fanatic! Deribit, the world's largest Bitcoin and Ether options trading platform, is working with Steve McLaughlin and Financial Technology Partners to review potential acquisition opportunities. The platform, valued between $4 billion and $5 billion, has attracted interest from various parties, though crypto exchange Kraken reportedly evaluated

Hey FinTech Fanatic! Klarna has expanded its partnership with fellow FinTech unicorn Stripe, making its buy now, pay later (BNPL) service available to Stripe merchants across 26 countries. This major distribution deal enhances their initial 2021 partnership formed during the Covid-19 pandemic, now offering improved functionality including A/B testing

Hey FinTech Fanatic! Nu México has partnered with retail chain OXXO to expand its cash deposit and withdrawal network, giving its 9 million customers access to over 22,000 OXXO stores nationwide. Cash withdrawals using Nu cards will launch on January 14, 2025, with deposit capabilities following in subsequent months.