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Hey FinTech Fanatic! Evolve Bank & Trust has been hit by a significant cyberattack, with the Russia-linked LockBit ransomware group releasing stolen customer data on the dark web. This breach follows LockBit's claim of hacking the US Federal Reserve, though no proof has been provided for the latter.

Hey FinTech Fanatic! Over 100,000 US consumers have subscribed to Klarna Plus, the $7.99 monthly service offering exclusive discounts and reduced fees, as announced in a recent press release. According to Klarna, subscribers saw an average saving of $18 in their first month of membership. They also mentioned

Hey FinTech Fanatic! ACI Worldwide and RS2 have partnered to deliver a comprehensive solution for acquirers and issuers in Brazil. This collaboration merges ACI's and RS2's strengths in acquiring and issuing, aiding financial institutions, integrated software vendors, payment facilitators, independent sales organizations, and payment processors in

Hey FinTech Fanatic! Revolut has hired bankers to help it sell about $500 million worth of existing equity at a $𝟰𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻, up from the $33 billion valuation it last garnered in a 2021 fundraising round. The company — which has spent years trying to secure a banking license from UK regulators that

Hey FinTech Fanatic! Aspiring entrepreneurs eager to revolutionize FinTech services now have an opportunity to propel their ventures forward with the Stena FintechXstudio. This initiative is an early-stage FinTech incubator and accelerator specifically designed for students and recent graduates from colleges and universities across Utah. As the first of its

Hey FinTech Fanatic! I am thrilled to announce the launch of my brand-new Telegram channels, designed to keep you effortlessly updated with the latest and most important news in the FinTech and Payments industries! Introducing My New Telegram Channels: ► Connecting the dots in FinTech ➡️ SIGN UP Daily Short List: Receive

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