Revolut’s UK Banking License Delay Unveils Gap between Innovation and Regulation : Analysis

Digital bank Revolut’s growth to more than 65 million users across 38 markets indicates how digital-first banks are transforming global finance. But the Fintech firm’s wait for a full UK banking license exposes a seemingly more pressing issue: how regulatory authorities adapt traditional frameworks to… Read More

Monzo Supports Making Tax Digital with Filing Tool, Enabled by Sage

Monzo, the digital bank serving business customers, is helping simplify tax filing for sole traders and landlords with a new tool that lets them file directly to HMRC from their Monzo Business bank account. Built in partnership with Sage, the tool is designed to help sole… Read More

Blockchain Firm OwlTing Celebrates Nasdaq Listing, Closes Down on the Day -[U]

OBOOK Holdings (NASDAQ: OWLS), a blockchain technology company operating as the OwlTing Group, direct listed direct-list on the Nasdaq Global Market under the ticker symbol “OWLS.” OBOOK’s Class A common shares opened at $68.00 but closed down on the day. OwlTing is based in Taiwan… Read More

AI Firm BondIT Sues JP Morgan for Theft of Tech

BondIT has taken the extraordinary step of issuing a press statement announcing that they are suing JP Morgan (NYSE:JPM), alleging theft of its tech. JP Morgan is, of course, one of the largest and most respected banking firms in the world. BondIT is an Israeli Fintech in the fixed… Read More

Fintech Brex Now a Global Issuer Enabling B2B Payments in Oracle Fusion Cloud ERP

Brex, a self-described intelligent finance platform, has announced that it is collaborating with Oracle, becoming the fintech issuer that has been embedded within Oracle Fusion Cloud Enterprise Resource Planning (ERP). Leveraging Oracle’s integration with Mastercard, Brex will now enable Oracle’s global, embedded B2B payments solution… Read More

Upgrade Raises $165M Series G

Fintech Upgrade has raised $165 million in new equity investment. Upgrade’s Series G preferred round was led by Neuberger, with participation from LuminArx Capital Management. Existing shareholders, including DST Global, Ribbit Capital and several others, also increased their investment in the company. Peter Sterling, head… Read More

Proptech Feesback Launches NYC Pilot

Currently launching its pilot program in New York City, the largest real estate market in the United States, Feesback said it is poised to save customers across the country money on their largest transactions while giving real estate agents a smarter, more sustainable way to grow their… Read More

HR Company Deel Announces $300M Raise at $17.3B Valuation

Global HR and payroll platform Deel is reporting a Series E round, acquiring $300 million and achieving a $17.3 billion valuation. This capital injection, co-led by Ribbit Capital, Andreessen Horowitz, and Coatue Management, highlights Deel’s steady financial performance and its potential for growth in the… Read More

YZi Labs Leads Funding Round in Better Payment Network to Enable Stablecoin Payments

YZi Labs reports that it is leading a $50 million round in Better Payment Network (BPN), which is described as a programmable payment network built for the multi-stablecoin era. The investment reportedly aligns with YZi Labs’ thesis of backing global financial infrastructure – systems that place… Read More

Onda Finance, Bitpanda, Announce LatAm Partnership

Bitpanda, a provider of crypto investment infrastructure, has partnered with Onda Finance, an international digital payment and investment platform headquartered in Brazil, to provide the technology behind its new crypto offering for wealth and corporate clients. The partnership will allow Onda to offer digital asset… Read More

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