Monzo Plans Expansion Amid First Profitable Year
Monzo achieves first profitable year with $144 million pre-tax profit. Substantial capital raise of £500 million boosts valuation to $5.2…
Sibill Secures €6.2M for Payment Platform Growth
In a significant move for the fintech sector, Milan-based Sibill has successfully raised €6.2 million to advance its payment platform.…
Yotta Users Struggle Amid Synapse Bankruptcy
Synapse bankruptcy impacts Yotta users' access to $112 million. Dispute between Synapse and Evolve Bank locks Yotta accounts. Regulatory bodies'…
Revolut Targets APAC for Expansion
Revolut targets APAC for its next growth phase. Australia is the most mature market for Revolut in APAC. Regulatory challenges…
Fintech Expands Automated Invoice Processing
Fintech expands PaymentSource to all B2B transactions. Automation reduces costs, saves time, and improves accuracy. Recent acquisitions enhance B2B financial…
First Black Solo GP in European Venture Capital Speaks Out
Maria Rotilu is the first black solo GP in Europe. OpenseedVC invests up to $150,000 in Europe and Africa. Focus…
Klarna Boosts Revenue and Cuts Costs Using AI
Klarna saw a 29% rise in Q1 total revenue. Operating expenses dropped by 11% due to AI tools. U.S. revenue…
Trustly CEO Delays IPO Despite Profit Surge
Trustly postpones IPO despite 51% profit rise. Focus on open banking to prove market viability. U.S. market and tech advancements…
Doconomy Secures €34 Million Series B Funding
Doconomy secures €34 million in Series B funding. The investment will fuel North American expansion and product enhancement. Strategic partnerships…
FintechOS Secures $60M Series B Funding
FintechOS raises $60M for its financial product platform. Company experiences over 300% growth with key client acquisitions. Investment led by…
