Business
Wirecard’s Illusory Billions Stun the Financial World
Wirecard's alleged €1.9 billion collapsed without existing evidence. Philippine banks counterclaimed Wirecard's…
Startup
Fintech
Wirecard’s Illusory Billions Stun the Financial World
Wirecard's alleged €1.9 billion collapsed without existing evidence. Philippine banks counterclaimed Wirecard's assertions with immediate denials. Rigorous auditing changes emerge post Wirecard's financial misguidance.
Pleo Undergoes Job Reductions to Focus on Strategic Goals
Pleo cuts 50 jobs from its 'Offering' teams to streamline operations. The fintech company employs over 800 staff, facing market…
Traditional Banks Attract Customers with Subscription Models
Banks increasingly use subscription models for stable revenue streams. These models must prove added value over free alternatives to succeed.…
Brazil Pushes for Central Bank Autonomy as FinTech Grows
Brazil's central bank seeks increased autonomy as the financial system evolves. Digitalization pressures the bank amidst declining resources and rising…
Solaris CEO Embraces Change and Faces Challenges
Solaris CEO Höltkemeyer values English humor and embraces change. Solaris faces regulatory scrutiny while aiming for profitability. The company offers comprehensive BaaS solutions in Europe.
Ant Group Seeks $1 Billion for International Expansion
Ant Group explores raising $1 billion to boost its international presence. Funding may pave the way for a Hong Kong…
European Central Bank Imposes Restrictions on Revolut’s Product Approvals
European regulators restricted Revolut over product approval speed concerns. Revolut initiated compliance assessments following the European Central Bank's restrictions. The…
Nuvei Pursues Acquisition of Payoneer for $2.7 Billion
Nuvei considers acquiring Payoneer for $2.7 billion to enhance global reach. Acquisition follows trend as payment firms consolidate for strategic…
