Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before…
Category: Fintech
Singapore bets SUSD 220 million on fintech just as the money dries up
MAS has reopened its chequebook in the weakest funding half the city-state has seen in a decade. Hong Kong, meanwhile,…
Australia’s Pay.com.au raises USD 28 million to launch in US as PayRewards
The new company will allow American businesses to earn rewards points on all payments, including ACH (bank transfers) and credit…
Revolut to enter Australia’s mortgage market, to take on ‘Big Four’ retail banks
Revolut, the ultimate success story of the British and European fintech sector, has expanded into 40 countries since its inception…
Velmie and Preferta will offer digital services sans cost and infrastructure limitations: CEO Slava Ivashkin
In an interview with the International Finance, Slava Ivashkin, founder and CEO of Velmie, discussed how his company is looking…
Bahrain’s INFINIOS marks Middle East stablecoin milestone with Mastercard
INFINIOS becomes the first issuer in Bahrain, apart from being one of the first Gulf-based fintechs, to enable Mastercard settlement…
Revolut hits USD 115 billion valuation, surpassing Barclays and Societe Generale
While Barclays has a valuation of almost USD 95 billion, Revolut sits far behind industry giant HSBC, valued at nearly…
Stripe, Advent launch USD 53 billion bid for PayPal in landmark fintech deal
The all-cash proposal values PayPal at USD 60.50 per share, representing a premium of about 28% to its closing price…
Visa, M-Pesa pick Congo as testing ground for stablecoin-driven cross-border payments
Visa, M-Pesa, along with cross-border payments company Onafriq, have piloted a system that settles mobile money top-ups using stablecoins Eyeing…
AI, bank-led wallets to reshape consumer payments, says Juniper report
Orders from AI-powered searches grew 15 times through 2025, with ChatGPT introducing shopping features backed by its ‘Agentic Commerce Protocol’…