Revolut Tripled Its Revenue in 2019 to £162.7 Million
The platform is currently valued at $5.5 billion.
View ArticleStandard Chartered Taps Microsoft to Roll Out Cloud Banking Services
The bank is planning to go cloud-based by 2025.
View ArticleRevolut Rolls Out Full Services in Australia
30,000 Australians already added on the waitlist during beta.
View ArticleThomson Reuters Acquires Court Document Digitizer CaseLines
Neither the companies disclosed the financials of the deal.
View ArticleRevolut Boosts Real-Time Payments with SEPA Instant Euro
The new service boosts Revolut’s revenues associated with their EMA product and provides an alternative to the SWIFT service.
View ArticleGreek Fintech Viva Wallet Plans Raising €500 Million
The digital bank is aiming to purge all loans from its books.
View ArticleHMRC Warns Finablr on Subsidiary Registration Suspension
The company’s founder and co-chair also stepped down from his position.
View ArticleBUX Zero Expands European Footprint, Launches in Belgium
This is the fourth country the investing app has launched in this year.
View ArticleFintech Payments Company FXPress to Acquire Avila House
FXPress customers will be able to receive and hold client funds in multi-currency accounts.
View ArticleCiti Sues Brigade Capital to Get Back $176 Million
The amount was a part of the mistakenly transferred $900 million.
View ArticleRevenues Rise YoY for EML Payments, But Profit Drops Slightly
The coronavirus pandemic limited spending among clients.
View ArticlePaysafe & Bankable Join with Red Cross to Provide Emergency Relief Visa Cards
The Visa cards will be used to distribute cash assistance to individuals affected by emergency situations.
View ArticleAirbnb Confidentially Files to Go Public, Could Hold IPO By Year End
Airbnb promised in 2019 that it would go public in 2020.
View ArticleTransferWise Deepens Mastercard Tie for Global Expansion
This will allow the payments company to issue TransferWise cards in almost all countries.
View ArticleAdyen Executives Shed Stake as Company Growth Slows
The company’s share prices doubled since the beginning of the year.
View ArticleRival Railsbank Bids for Wirecard’s UK Business
Wirecard is also selling its business in Asia and North America.
View ArticleMoneyGram Deepens African Presence with Airtel Partnership
The company will facilitate international transfers for 19 million Airtel Money customers.
View ArticleGermany’s BaFin Warns Investors Over Fake Emails
The mass email scam appears to be circulating on behalf of the Bafin Vice President Elisabeth Roegele.
View ArticleFinablr is Unable to Meet Deadline to Publish Financial Statements
The deadline for the troubled payments and FX platform was the 28th of August 2020.
View ArticleJPMorgan Chase to Launch UK Digital Bank in Q1 2021
JPMorgan signed up Amazon Web Services and 10x Future Technologies to provide it with cloud and digital banking infrastructure
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