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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

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