Klarna Targets $1.27 Billion Valuation in Upcoming US IPO
Swedish fintech Klarna aims for a $1.27 billion US IPO. Shares will be sold between $35 and $37, valuing Klarna…
Klarna Expands Debit Card Services Across Europe Amid IPO Ambitions
Klarna debuts its debit card across Europe, challenging traditional banks. The fintech plans a major US IPO, targeting substantial market…
Revolut Employees Set to Capitalize on $75 Billion Share Sale
Revolut enables employees to sell shares, boosting investment opportunities. Company's valuation surged to $75 billion amid heightened investor interest. Revolut…
Wise Explores Becoming a Full-Fledged UK Bank
Wise may become a UK bank, exploring fresh operational avenues. Approaching financial industry experts suggests strategic steps for Wise. Wise…
Allasso Boosts Financial Market Tools with New Investment
Allasso secures $3M investment to enhance financial trading tools. Allasso Copilot offers analytics for smarter trading decisions. Investment supports expansion…
South African Reserve Bank Opens Payments System to Nonbanks
SARB aims to grant nonbanks access to payment systems next year. Nonbank access may boost competition, innovation, and financial inclusion.…
Stablecoin Innovation Redefines Global Financial Landscape
Stablecoins advance through new capital, addressing infrastructure challenges. Investment shows shift from speculation to foundational support in finance. Collaboration with…
Revolut Plans to Enter U.S. Banking with Strategic Moves
Revolut eyes entry into U.S. banking through acquisition or licensing. The FinTech seeks to introduce consumer savings products in weeks.…
PEAC Solutions Expands with Topi Acquisition, Boosting HaaS Strategy
PEAC Solutions acquires Berlin fintech topi to enhance its digital strategy. Topi will operate independently under PEAC, serving DACH and…
Regulators Fine Bunq Over Anti-Money Laundering Failures
Bunq fined €2.6 million by Dutch central bank for anti-money laundering deficiencies. Similar penalties were faced by Monzo and Starling…
