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Hey FinTech Fanatic! Nubank has once again delivered outstanding results in Q2 2024, reinforcing its position as a leading global digital financial platform. The company reached an impressive milestone of 105 million customers by June 30, 2024, adding 5.2 million new users in the quarter alone. This represents a

Hey FinTech Fanatic! The arrest of Kakao founder Kim Beom-su has created turmoil in South Korea's FinTech and AI sectors, highlighting deep-rooted issues in the country's business and political environment. Kim, once South Korea's richest person, was arrested on charges of stock manipulation during

Hey FinTech Fanatic! Greetings from Bogotá, Colombia! After an invigorating week in Curaçao, I’m thrilled to be here, diving into what promises to be an exciting week ahead. The agenda is packed with meetings with some of the most innovative minds in the local FinTech industry, and I’m

Hey FinTech Fanatic! Chinese technology giant Tencent has recently divested its stake in the British neobank Tide, marking a strategic pullback from its international investment ventures. The shares were sold to undisclosed buyers, signaling a shift in Tencent's global investment approach. Tencent, globally recognized for its super-app WeChat,

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