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Marcel van Oost

Irish Retail Banks Drop Ambitious Mobile Payments App Plans Amidst Setbacks

Irish Retail Banks Drop Ambitious Mobile Payments App Plans Amidst Setbacks

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

Revolut launched a very surprising new B2B product

Revolut launched a very surprising new B2B product

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

Uncovering the Disturbing Culture Within the FDIC: Allegations of Misconduct and a Culture of Inaction

Uncovering the Disturbing Culture Within the FDIC: Allegations of Misconduct and a Culture of Inaction

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

The Paytm Mafia

The Paytm Mafia

Portugal's FinTech Surge: Opportunities in a Time of Global Economic Strain

Portugal's FinTech Surge: Opportunities in a Time of Global Economic Strain

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's Pragmatic Growth Targets Lead to Stock Price Surge

Adyen's Pragmatic Growth Targets Lead to Stock Price Surge

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

Embedded Finance FinTech Swan opens office in Amsterdam and launches localized Dutch accounts

Embedded Finance FinTech Swan opens office in Amsterdam and launches localized Dutch accounts

Swan, the emerging European leader in embedded finance, today opens its first office in the Netherlands, and launches localized Dutch accounts, as part of its continued European expansion. The launch is part of the company's European hyperlocalization strategy, following a successful launch in Spain earlier in the year.