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Marcel van Oost

Featurespace Set for Potential £700M Sale to Visa

Featurespace Set for Potential £700M Sale to Visa

Hey FinTech Fanatic! Visa is in advanced talks to acquire Featurespace, a Cambridge-based fraud detection company founded in 2008, with a potential valuation of around £700 million. The company, backed by the late tech entrepreneur Mike Lynch, specializes in machine learning software for fraud prevention, serving clients like HSBC and

Stripe Plans Another Employee Share Buyback as IPO Speculation Continues

Stripe Plans Another Employee Share Buyback as IPO Speculation Continues

Hey FinTech Fanatic! FinTech giant Stripe is planning to buy back shares from its employees once again, keeping its potential initial public offering (IPO) in the spotlight. This upcoming employee tender offer will be funded by Stripe's own resources, unlike previous buybacks that relied on external funding, according

PayPal Stock Soars on Adyen Partnership

PayPal Stock Soars on Adyen Partnership

Hey FinTech Fanatic! PayPal’s stock surged to a 52-week high after announcing a partnership with Dutch payments firm Adyen, which will offer PayPal’s Fastlane checkout tool to its U.S. enterprise customers. Mizuho analyst Dan Dolev, who maintains an outperform rating for PayPal, praised the deal, noting that

Starling Bank Eyes IPO with New Leadership and Strategic Hiring

Starling Bank Eyes IPO with New Leadership and Strategic Hiring

Hey FinTech Fanatic, Starling Bank is moving closer to a potential IPO, as it searches for a group head of investor relations to guide the process. The job listing emphasizes the role's importance in collaborating with senior management and advisors to successfully execute an IPO or other capital

8 Million Customers and Counting: Nu's Impressive First Year in Mexico

8 Million Customers and Counting: Nu's Impressive First Year in Mexico

Hey FinTech Fanatic! Positioned as Nu's top business priority for 2024, Mexico has proven to be a strategic choice for the company’s international expansion. Just one year after the introduction of Cuenta, Nu has already attracted over 8 million customers and accumulated $3.3 billion in deposits

PayPal and UKG Partner to Streamline Payroll Access for U.S. Employees

PayPal and UKG Partner to Streamline Payroll Access for U.S. Employees

Hey FinTech Fanatic! PayPal and UKG, a prominent provider of HR and payroll solutions, have announced a strategic collaboration aimed at simplifying payroll access for U.S. employees. Through this partnership, employees whose pay is processed via UKG Pro can now effortlessly set up a PayPal Balance account and opt

Revolut’s $45B Valuation Milestone & Nubank’s $404M Share Sale

Revolut’s $45B Valuation Milestone & Nubank’s $404M Share Sale

Hey FinTech Fanatic! Revolut has achieved a remarkable $45 billion valuation through a recent share sale by employees. This milestone places Revolut as the UK’s second-most valuable bank, trailing only HSBC, and surpasses its previous $33 billion valuation from 2021. The UK government is keen to leverage this momentum,