Tagged: fintech

Fintech Firm Mercury Reportedly Targets $5 Billion Valuation

A fintech company known for enhancing digital banking services for high-growth businesses is nearing a new funding milestone. Mercury is said to currently be in advanced negotiations to raise fresh capital at a valuation surpassing $5 billion, according to people familiar with the matter. Accordign… Read More

Bank Policy Institute (BPL) Considers Legal Action Against OCC Over Licensing of Crypto and Fintech Companies

The Bank Policy Institute (BPI), an organization associated with some of the largest financial institutions in the US, is actively exploring the possibility of taking legal action against the Office of the Comptroller of the Currency (OCC). The dispute revolves around the federal regulator’s recent… Read More

PayPal Struggles with Slow Checkout Growth Amid Competition from Other Fintech Platforms

Consumers are increasingly bypassing the PayPal (NASDAQ:PYPL) option at checkout, creating a pressing challenge for one of California’s most prominent fintech companies. Once hailed as the innovator that made online payments seamless and secure, PayPal now finds itself losing ground in a crowded digital wallet… Read More

OpenAI Secures New Funding as AI Investments Surge, Driving Advancements Across Fintech, Web3 Ecosystems

OpenAI has closed a new funding round, securing $122 billion in committed capital and achieving a post-money valuation of $852 billion. This substantial investment, backed by prominent partners including Amazon, NVIDIA, SoftBank, and Microsoft, along with numerous global institutions and venture firms, underscores the company’s… Read More

Oracle’s Workforce Reductions Amid Accelerating AI Adoption Have Broader Implications for Fintech Sector

Oracle Corporation (NYSE: ORCL) recently initiated large-scale staff reductions, affecting thousands of employees worldwide as part of a cost-cutting drive. This move coincides with an explosive global uptake of artificial intelligence technologies, where businesses are pouring considerable resources into AI-powered tools and infrastructure to stay… Read More

UK Fintech VibePay Begins Liquidation Process After Founder’s Departure 

Official filings lodged with Companies House confirm that VibePay, the British specialist in direct account-to-account transfers, has moved into voluntary liquidation. The development follows the resignation of its founder and former chief executive, Luke Massie, who departed the business in December 2025. VibePay emerged as… Read More

TikTok Applies for Brazilian Fintech License to Launch Lending Services

Social media platform TikTok, owned by Chinese technology company ByteDance, has submitted applications to Brazil’s central bank for regulatory clearance to function as a fintech operator focused on lending and digital payments. According to individuals familiar with the confidential plans, the company has requested two… Read More

Plaid’s CFO Claims Strong Financial Results Give Fintech Firm Flexibility on IPO

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Plaid‘s Chief Financial Officer Seun Sodipo has signaled that the fintech infrastructure provider has built enough financial strength to dictate the timing of its potential public debut. Sodipo, who stepped into the CFO role last fall, highlighted the fintech company’s progress during a recent interview,… Read More

Y Combinator Invested in 500+ Fintech Startups, Majority Have Failed : Analysis

Y Combinator has reportedly invested in more than 500 Fintech companies over the past twenty years, yet the overwhelming majority ultimately shut down, sold for modest sums, or lost momentum. A newly launched AI-powered database now dissects these insights/outcomes in unprecedented detail, revealing that poor timing—not… Read More

SadaPay Restored After AWS Bahrain Outage

SadaPay, one of Pakistan’s digital wallets, has fully restored its mobile app following a complete service blackout on March 25. The interruption was triggered by a drone strike linked to escalating tensions between Iran and regional powers, which directly damaged Amazon Web Services infrastructure in… Read More

Germany’s Fintech Sector Remains Resilient with Focus on Practical Use-Cases : Analysis

Germany’s fintech sector has entered a new phase in 2026, one defined not by flashy disruption but by quiet, seemingly hard-won resilience. According to the latest German Fintech and Banking Report from Contextual Solutions, Europe’s largest economy has traded hype for durability. After years of… Read More

Robinhood Markets Now Offers Banking Services, Gold Card to Streamline Spending, Trading, Investing

Robinhood Markets (NASDAQ: HOOD) continues to blur the lines between investing apps and full-scale banking platforms. The company has rolled out several features recently, including its premium Gold Card and expanded banking options that promise attractive returns on everyday cash holdings. These moves signal a… Read More

SE Asia Superapp Grab 2025 Revenue Hits Record $3.37bn as Malaysia Stays Top Market

Grab Holdings’ revenue rose 20% in 2025 to a record $3.37 billion, as Southeast Asia’s biggest super app added users, lifted engagement across its platform, and kept incentives under tighter control, according to its annual report filed with the U.S. Securities and Exchange Commission and… Read More

Fintech GoCardless Reports Surge in Open Banking Usage Across Platform

In a recent milestone for digital payments, bank payment provider GoCardless has revealed that more than one-third of its customers are now using open banking options through its platform. This surge is accelerating the adoption of “Pay by Bank” solutions across the UK economy and… Read More

Fintech Airwallex Commits Over $1B to Enable EMEA Business Expansion

Global payments and financial technology provider Airwallex has announced a major capital injection exceeding $1 billion into the EMEA region. The $1.135 billion commitment, spread across the next five years, is designed to accelerate expansion through 2030. Funds will support entry into fresh markets, the… Read More

Singapore Fintech MetaComp Bags Alibaba Backing in $35m Fundraising

Singapore-based MetaComp has completed a Pre-A+ funding round backed by Alibaba, taking the fintech group’s total capital raised to $35 million across two rounds in three months, as it pushes to expand a platform that combines stablecoin payments with tokenised and traditional wealth products. MetaComp… Read More

European Fintech Sector Still Depends on US Investors but Autonomy Is Increasing, Report Reveals

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Finch Capital has indicated that Europe’s fintech ecosystem is achieving remarkable strides in innovation and capital attraction, yet it continues to lean on American backers for scaling its biggest successes. Finch Capital’s latest State of European FinTech report spotlights this “sovereignty paradox”: the continent excels… Read More

DriveWealth Enables LatAm’s Neobank Ualá to Introduce US Stock Trading for Mexican Users

In an effort to broaden financial access across Latin America, DriveWealth has teamed up with the neobank Ualá to roll out a new feature called Acciones (Stocks). Announced this month, the initiative allows everyday Mexican consumers to buy shares in leading U.S. companies such as… Read More

Fintech Airwallex Reports Revenue Growth in Singapore as SMEs Adapt to Cost Pressures

Global financial technology provider Airwallex has posted another year of explosive growth in Singapore, reporting 107 percent revenue expansion for fiscal year 2025. This now reportedly marks the second straight year of triple-digit increases, underscoring the city-state’s role as a strategic hub for the company’s… Read More

Cross-Border Payments Infrastructure Transformation Analyzed in New Report

A whitepaper from Juniper Research sheds light on the accelerating overhaul of global cross-border payment systems. Titled, The Transformation of Cross-Border Payment Infrastructure, the report explores how traditional networks, innovative fintechs, and emerging technologies are reshaping international money movement for businesses, consumers, and financial institutions…. Read More

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