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Hey FinTech Fanatic! Revolut, founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, is targeting a valuation exceeding $40 billion in an upcoming employee share sale. This move, which involves selling approximately $500 million worth of existing shares with the help of Morgan Stanley, aims to solidify its position as

Hey FinTech Fanatic! PicPay, a prominent Brazilian neobank owned by the billionaire Batista family’s holding company, is partnering with Citigroup Inc. to pursue an initial public offering (IPO) in the United States, according to sources familiar with the situation. The timing of the IPO will depend on favorable market

Hey FinTech Fanatic! Two big updates today at Revolut: First, Revolut has introduced RevPoints, the first Pan-European debit loyalty card program. This initiative allows users to earn points from daily spending, redeemable for airline miles, travel discounts, and more. Unlike traditional programs, RevPoints does not require a credit card, making

Hey FinTech Fanatic! Apple has announced the discontinuation of its "buy now, pay later" service, Apple Pay Later, which launched in the United States last year. Effective immediately, the service will no longer be available for new loans. However, current users can still manage their existing Apple Pay

Hey FinTech Fanatic! The European Championship has kicked off, heralding an exciting summer filled with thrilling sports events. As a sports enthusiast, I'm eagerly looking forward to all the action! In other funny news, Growth Gorilla has launched the Official FinTech Football Sticker Collection. What's your

Hey FinTech Fanatic! Revolut is set to open its new Global Headquarters in London at the former Thomson Reuters building in May 2025. The company will relocate to one of Canary Wharf’s most iconic buildings, continuing its expansion despite not yet securing a full banking licence in the UK.

Hey FinTech Fanatic! Last week, I invited you to participate in a poll following the announcement that Dutch neobank Bunq is aiming to secure a banking license from U.K. financial regulators later this year or early next year, as reported by CNBC. The big question on everyone's