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Klarna Eyes $15B US IPO—One of 2024’s Biggest Listings

Klarna Eyes $15B US IPO—One of 2024’s Biggest Listings

Hey FinTech Fanatic! Klarna is making a bold move—targeting a US IPO in April with a valuation of up to $15 billion! If successful, this would be one of the biggest FinTech listings of the year. The buy-now, pay-later giant is set to unveil its listing plans as early

Rapyd Faces Major Valuation Cut in Latest Funding Talks

Rapyd Faces Major Valuation Cut in Latest Funding Talks

Hey FinTech Fanatic! Rapyd, the Stripe competitor known for its bold acquisition strategy, is facing a sharp valuation cut as it looks to raise $300 million. Once valued at $9 billion in 2021, the company is now in talks with investors at a significantly lower $3.5 billion valuation. This

Ripple Joins Forces with Revolut and Zero Hash to Expand RLUSD Reach

Ripple Joins Forces with Revolut and Zero Hash to Expand RLUSD Reach

Hey FinTech Fanatic! Ripple Labs is making waves with new partnerships with Revolut and Zero Hash, expanding the reach of its RLUSD stablecoin. This move is set to challenge the dominance of USDT and USDC in the stablecoin market. Ripple USD (RLUSD), pegged to the US dollar, is quickly gaining

Krafton Leads Cashfree’s $53M Round to Fuel Global Expansion

Krafton Leads Cashfree’s $53M Round to Fuel Global Expansion

Hey FinTech Fanatic! Cashfree, the Indian payments powerhouse processing over $80 billion annually, has secured $53M in fresh funding led by Krafton at a $700M valuation. The gaming giant sees strategic potential in payments, with Sean Hyunil Sohn, CEO of Krafton India, stating: “India’s FinTech industry is experiencing remarkable

Deel Secures $300M Investment & Hits $800M Run Rate

Deel Secures $300M Investment & Hits $800M Run Rate

Hey FinTech Fanatic! Deel has just announced new anchor investors, including General Catalyst and a sovereign investor, purchasing nearly $300 million in secondaries from early investors. This milestone highlights Deel’s strong momentum and the confidence investors have in its long-term vision. The company also hit a remarkable $800 million

Coinbase Gains UK VASP Registration, Expanding Its Global Crypto Footprint

Coinbase Gains UK VASP Registration, Expanding Its Global Crypto Footprint

Hey FinTech Fanatic! Coinbase has secured VASP registration from the Financial Conduct Authority (FCA) in the UK, enabling the company to provide crypto and fiat services. The registration establishes Coinbase as the largest registered digital assets player in the UK market. Keith Grose, UK CEO at Coinbase, stated: "This

Visa Hits 4.7B Credentials, Sees 44% YOY Token Growth

Visa Hits 4.7B Credentials, Sees 44% YOY Token Growth

Hey FinTech Fanatic! Visa’s latest earnings are in, and the payments giant is riding the digital wave! Payment volumes hit $4 trillion, up 9% YOY, with U.S. debit up 8%, credit up 7%, and cross-border up 11%. Digital transactions now drive over 60% of total volume. Massive Growth