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NuCel, a New Mobile Service by Nubank

NuCel, a New Mobile Service by Nubank

Hey FinTech Fanatic! This week, Nubank is diving into new territory, unveiling NuCel, a mobile phone service that’s set to redefine connectivity in Brazil and expand the company’s portfolio beyond Financial Services. The product was developed to simplify users’ lives with flexible and no-commitment plans. Additionally, NuCel customers

Chrysalis Boosts Klarna Valuation as IPO Prep Intensifies

Chrysalis Boosts Klarna Valuation as IPO Prep Intensifies

Hey FinTech Fanatic! Today, I'm diving into some big news on Klarna. Shareholder Chrysalis Investments Ltd recently marked up its stake in Klarna to an impressive £120.6 million, up from £100.3 million in the previous quarter. This increase gives Klarna an implied valuation of around $14.

Revolut CMO; "We don’t have any competition"

Revolut CMO; "We don’t have any competition"

Hey FinTech Fanatic! Revolut is focusing more on customer-driven experiences and unique partnerships to fuel its international growth. Rather than comparing itself to other brands, Revolut claims it has no direct competition, opting instead to carve its own path in the industry. According to Chief Growth and Marketing Officer Antoine

AI Hits Wall Street: Morgan Stanley Expands OpenAI Tools

AI Hits Wall Street: Morgan Stanley Expands OpenAI Tools

Hey FinTech Fanatic! Morgan Stanley is pushing the boundaries of what generative AI can do in the investment banking space. The firm has expanded the use of OpenAI-powered tools into its prestigious institutional securities group, rolling out AskResearchGPT—a next-gen assistant designed to help analysts and traders access Morgan Stanley’

Stripe’s $1.1 Billion Investment, Big Payoff Ahead?

Stripe’s $1.1 Billion Investment, Big Payoff Ahead?

Hey FinTech Fanatic! Stripe has made a bold $1 billion bet on blockchain technology by acquiring Bridge—a company with an estimated annual revenue of $12 million. What stands out is the remarkable 90x revenue multiple Bridge is commanding, underscoring the value it has built in the space. Bridge’s

US Watchdog Unveils 'Open Banking' Rules for Consumer Data

US Watchdog Unveils 'Open Banking' Rules for Consumer Data

Hey FinTech Fanatic! The Consumer Financial Protection Bureau (CFPB) has officially launched long-awaited open banking rules aimed at shaking up the market by increasing competition among over 4,000 lenders. These new regulations will make it easier for customers to link their bank accounts to newer financial apps, a major

Is Klarna the Next Robinhood?

Is Klarna the Next Robinhood?

Hey FinTech Fanatic! Klarna is assembling a team to develop a product that will rival Robinhood's trading platform, allowing customers to buy and sell stocks through its app. As revealed in an internal Slack message obtained by Business Insider, the company posted four internal job openings for roles