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Hey FinTech Fanatic! Monzo Bank has just posted its first full year of profit, a monumental achievement following a period of rapid growth and transformation. The fintech startup reported pre-tax profits of £15.4 million ($19.6 million) for the 2023-2024 fiscal year, a dramatic turnaround from a £116.3

Hey FinTech Fanatic! Banks and financial institutions currently face hefty fees for transactions processed through Apple Pay. However, London-based FinTech company Curve is set to launch a new payment service that promises to save banks millions by offering a direct alternative to Apple Wallet. Curve's upcoming service will

Hey FinTech Fanatic! Just over three months after initially reaching an agreement, the Turkish neobank Papara has officially confirmed its successful acquisition of Sadapay, a prominent fintech startup in Pakistan. The deal, which has been in the making for several months, awaited final approval from the central bank since February.

Hey FinTech Fanatic! Another day, another big announcement from Nubank: The Brazilian neobank is launching a travel booking platform for its high-income Nubank Ultravioleta customers. “𝗡𝘂𝗩𝗶𝗮𝗴𝗲𝗻𝘀” will be available to the customers over the next few months offering air and hotel bookings. NuViagens guarantees the best price. If the customer finds

Hey FinTech Fanatic! As I shared earlier Nubank is making its foray into the mobile network sector with the introduction of an eSIM (embedded SIM) service designed for travelers. This new offering allows Nubank customers to access 10GB of free roaming internet across more than 40 countries, without needing to

Hey FinTech Fanatic! UK challenger bank Starling could reach a valuation near £10bn within a few years by globally rolling out its banking software, according to Chrysalis, its second-largest investor. Chrysalis highlighted that Starling's "Engine" service, which allows companies to create digital banking products, could significantly

Hey FinTech Fanatic! The SEC has given the green light to a rule change on Thursday, setting the stage for ETFs that invest in ether, one of the largest cryptocurrencies globally. This decision follows the Securities and Exchange Commission's approval of bitcoin ETFs less than six months ago.