From London to the World: Revolut’s £10B+ Expansion

Hey Digital Banking Fanatic! Revolut is getting closer to the public markets — and it looks like the question is no longer just when, but where. CEO Nik Storonsky says the fintech prefers the US for a potential IPO, but is also considering a dual listing in London and New York.

Hey Digital Banking Fanatic! Not every fintech wants to become a bank — and Enova just made that pretty clear. The online lender has withdrawn its applications with the OCC and Federal Reserve for its proposed $369 million acquisition of Grasshopper Bancorp, roughly 10 months after announcing the deal. Enova says

Hey Digital Banking Fanatic! What if the UK built its own payments network? That’s the idea behind the newly formed UK Payments Delivery Company, which is seeking around £50m to get the project moving. 19 companies have provided initial funding and sponsorship, including the UK’s four biggest high