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🏦Goldman Sachs Revamps Apple Savings

🏦Goldman Sachs Revamps Apple Savings

Good morning! Let's start with news from the US where Goldman Sachs, collaborating with Apple Savings, has improved its withdrawal systems for Apple Card users after feedback about delays, as reported by The Information. Initially, users faced long waits for transfers, with some funds going missing. These delays

🇺🇸Revolut yet to file formal US banking licence application, over two years after saying it was submitting a draft application

🇺🇸Revolut yet to file formal US banking licence application, over two years after saying it was submitting a draft application

Happy Monday FinTech Fanatic! Let’s start the week with interesting news that broke right before the weekend, on Friday: Revolut is understood still to be mulling whether to make a final application for a US banking licence. Despite this, the company continues to expand its services in the US

Venture Capital and the Innovation Economy: Key Takeaways from H2 2023's Market Report by SVB

Venture Capital and the Innovation Economy: Key Takeaways from H2 2023's Market Report by SVB

There are 622 Tech Unicorns in the US. Only 13% are profitable, 38% have implemented layoffs, and 49% will need to raise funds in the next 2 years.

Beyond the Hype: What Adyen's Share Slump Tells Us About FinTech's Future

Beyond the Hype: What Adyen's Share Slump Tells Us About FinTech's Future

It's evident in the valuation tales of FinTech giants from Adyen to PayPal to Block. These enterprises, once flaunting a market cap that overshadowed many European banks, witnessed a value erosion of over 70% since August 2021.

UPI-ATMs: Is it the beginning of the end for debit cards?

UPI-ATMs: Is it the beginning of the end for debit cards?

Good morning! Because it’s almost weekend I’ll keep it short 😉 I found this interesting video: Last week, Hitachi Payment Services launched India’s first UPI-based ATM at the Global Fintech Fest in Mumbai. These white-label UPI-ATMs, launched in partnership with the National Payments Corporation of India, allow customers

Real-time payments are the backbone of modern economies

Real-time payments are the backbone of modern economies

Central to the thriving FinTech ecosystem are real-time payments, which have rapidly become the gold standard in numerous markets. Governments worldwide are rallying behind the potential economic upliftment facilitated by these immediate transactions.

FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m

FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m

Today we have some big industry updates from Europe. Let’s start with breaking news from Portugal where FinTech super-app Rauva is to acquire the bank Banco Empresas Montepio for around €30m, advancing its business solutions.