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Good morning FinTech Fanatic! When I woke up at the west coast of the US yesterday, the first FinTech news update I read was from Europe. Juni, the financial platform built for digital commerce, has enabled its cross-border payments capabilities, facilitating transactions to the US and mainland China for its

As the Crypto Asset Markets Regulation (MiCA) looms on the horizon, leading FinTech players such as Revolut, PayPal, and various crypto businesses are seeking more time to adapt to the forthcoming changes. MiCA, set to take effect across all European Union countries in December 2024, aims to establish a unified

Apple Card and Apple Savings are performing so poorly for Goldman Sachs, one executive has reportedly said that "we should never have done this f****** thing." Goldman Sachs invested heavily in its consumer lending projects, most notably on the Apple Card but also in others such as a

The FinTech landscape is buzzing with the echoes of disruption, change, and a certain tumultuousness that has investors on edge. A cascade of events has unfurled in the sector, starting with Adyen's palpable $13 billion evaporation in market cap last month, a swift reaction from stakeholders when it

Last year, in a bid to counter competitors like Dutch firm Adyen, PayPal cut prices in its payment services sector. This move seems effective, but its implications remain in question. In the realm of payment processing, margins are slim. In 2022, PayPal's net revenue was $27.5 billion,