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TGIF! 😉 Today's news highlight comes from the US where X is nearing the launch of a payment service, adding a “Payments” button to its navigation bar, TechCrunch reported, citing independent app researcher Nima Owji. Owji also found mentions of transactions, balance, and transfers. This development follows X Payments

Hey FinTech Fanatic! Klarna, the Swedish “buy now, pay later” firm, is preparing for a major IPO next year. Before that, it is exploring a secondary share sale to see if investors value it above its last valuation of roughly $7 billion. Goldman Sachs is advising the company on this

Hey FinTech Fanatic! Monzo has reached a significant milestone, surpassing 10 million personal customers in the UK. This achievement comes after Monzo's first full year of profitability, a major funding round, and several new product launches. With this growth, Monzo now serves 1 in 5 UK adults and

Hey FinTech Fanatic! Rappipay, a subsidiary of Colombian unicorn Rappi, has decided to withdraw its application for an Electronic Payment Funds Institution (IFPE) license under the FinTech Law. This aligns with the closure of its debit account service, Rappicuenta, announced earlier this year. Currently, Rappi focuses on Rappicard, its credit

Hey FinTech Fanatic! The UK's Payments Services Regulator (PSR) has released new data highlighting the urgency of forthcoming regulations aimed at combatting authorised push payment (APP) fraud. Starting October 7, UK payment providers will be mandated to reimburse victims of APP fraud for claims up to £415,000,

Hey FinTech Fanatic! Claro receives over 500,000 postpaid customer bill payments via Pix each month through WhatsApp Pay, a native payment feature in WhatsApp officially launched in early June for large companies. Claro was among the first to adopt this feature, announced on the day WhatsApp Pay was launched