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Hey FinTech Fanatic! Today, I'm diving into some big news on Klarna. Shareholder Chrysalis Investments Ltd recently marked up its stake in Klarna to an impressive £120.6 million, up from £100.3 million in the previous quarter. This increase gives Klarna an implied valuation of around $14.

Hey FinTech Fanatic! Revolut is focusing more on customer-driven experiences and unique partnerships to fuel its international growth. Rather than comparing itself to other brands, Revolut claims it has no direct competition, opting instead to carve its own path in the industry. According to Chief Growth and Marketing Officer Antoine

Hey FinTech Fanatic! Morgan Stanley is pushing the boundaries of what generative AI can do in the investment banking space. The firm has expanded the use of OpenAI-powered tools into its prestigious institutional securities group, rolling out AskResearchGPT—a next-gen assistant designed to help analysts and traders access Morgan Stanley’

Hey FinTech Fanatic! Stripe has made a bold $1 billion bet on blockchain technology by acquiring Bridge—a company with an estimated annual revenue of $12 million. What stands out is the remarkable 90x revenue multiple Bridge is commanding, underscoring the value it has built in the space. Bridge’s

Hey FinTech Fanatic! The Consumer Financial Protection Bureau (CFPB) has officially launched long-awaited open banking rules aimed at shaking up the market by increasing competition among over 4,000 lenders. These new regulations will make it easier for customers to link their bank accounts to newer financial apps, a major

Hey FinTech Fanatic! Klarna is assembling a team to develop a product that will rival Robinhood's trading platform, allowing customers to buy and sell stocks through its app. As revealed in an internal Slack message obtained by Business Insider, the company posted four internal job openings for roles

Hey FinTech Fanatic! Jennifer Bailey, Apple’s VP of Apple Pay, reflects on a decade of changing how the world pays. From the early vision of using your iPhone for everything—from groceries to train tickets—Apple Pay has transformed into a global payment leader, now active in 78 markets