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FinTech IPO Wave Put on Ice

FinTech IPO Wave Put on Ice

Hey FinTech Fanatic! A few months back, there was a quiet buzz building behind the scenes. After a dry spell of nearly three years, the U.S. IPO market was starting to show signs of life—and FinTech was right in the thick of it. Klarna, Chime, Circle, eToro… one

Republic Acquires Crypto Trading Platform INX for $54.8M

Republic Acquires Crypto Trading Platform INX for $54.8M

Hey FinTech Fanatic! Republic is set to acquire all remaining shares of INX Digital for $54.8 million, in a transaction valued at up to $60 million. This follows a prior investment in 2023, when Republic acquired a 9.5% stake in the company. INX, based in Canada and regulated

Plaid Valuation Halved to $6.1B After New Funding Round Ahead of IPO

Plaid Valuation Halved to $6.1B After New Funding Round Ahead of IPO

Hey FinTech Fanatic! Four years ago, Plaid was at the peak of FinTech’s rapid growth, with a $13 billion valuation and a market eager to fuel its expansion. Now, as rising interest rates shift investor sentiment, the company has completed a new funding round at nearly half that valuation—

The Battle for Apple’s Credit Card

The Battle for Apple’s Credit Card

Hey FinTech Fanatic! The competition for Apple’s Credit Card is heating up 🔥, with Visa, American Express, and Mastercard all vying for the spot. Behind the scenes, Visa has reportedly put $100 million on the table to take the card from Mastercard. 🤯 The reason? Goldman Sachs, the bank behind the

Vivid Money Launches Travel Tool for SMEs

Vivid Money Launches Travel Tool for SMEs

Hey FinTech Fanatic! Vivid Money is expanding its offering for SMEs and freelancers, reinforcing its market position and stepping up competition with Revolut in this segment. Valued at €775 million, the FinTech has been serving freelancers since 2022 and SMEs since 2024, onboarding over 30,000 businesses across Europe. It

Circle’s Second IPO Round Takes Shape

Circle’s Second IPO Round Takes Shape

Hey FinTech Fanatic! Circle, the stablecoin company behind USDC, is moving forward with plans to go public. This time, it’s working with JPMorgan Chase and Citi on a traditional IPO, aiming to list by the end of April and begin trading between late May and early June. This isn’

Schroders Ups Revolut’s Valuation to $48bn

Schroders Ups Revolut’s Valuation to $48bn

Hey FinTech Fanatic! Revolut’s valuation has jumped again. Schroders Capital Global Innovation Trust plc has updated its estimate for the FinTech to $48bn—an 85% increase from last year. This puts Revolut’s implied value above the $45bn seen in last summer’s secondary share sale but below the