Daily News

Hey FinTech Fanatic! Airwallex is making a major move into Latin America with a dual-market expansion into Mexico and Brazil, marking a significant step in its global growth strategy. The company has acquired Mexpago in Mexico and secured a payment institution license from the Banco Central do Brasil, enabling it

Hey FinTech Fanatic! Mastercard has announced plans to phase out traditional 16-digit card numbers by 2030. This shift aims to reduce fraud, improve user experience, and align with the growing trend of tokenization and biometric authentication in payments. 𝗪𝗵𝘆 𝗜𝘀 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱 𝗥𝗲𝗺𝗼𝘃𝗶𝗻𝗴 𝗖𝗮𝗿𝗱 𝗡𝘂𝗺𝗯𝗲𝗿𝘀? Traditional card numbers, printed on physical cards, have long been a target

Hey FinTech Fanatic! London-based FinTech E-Money Markets has raised £700K in pre-seed funding to enhance SME access to FX and international payment solutions. The funding round, led by CH-1 Investment Group and angel investors, will support the development of its technology infrastructure and product expansion. The company aims to bridge

Hey Fintech Fanatic! Before diving into the news, I have a quick favor to ask. My friend Chiara Liqui Lung is starting her own project, and I couldn’t be more excited for her! She’s spent years helping FinTech startups grow and scale, and now she’s offering her

Hey Fintech Fanatic! Big news in trading! eToro has confidentially filed an “F-1” registration statement for an IPO with U.S. 🇺🇸 regulators, aiming for a potential $5 billion valuation. This follows its $3.5 billion valuation in a 2023 funding round that raised $250 million. For now, the IPO valuation

Hey FinTech Fanatic! Plaid is teaming up with Goldman Sachs on a $300M–$400M secondary share sale, giving early investors and employees a chance to cash out without waiting for an IPO, Bloomberg reports. The exact valuation isn’t set yet, but it’s expected to be lower than Plaid’