From London to the World: Revolut’s £10B+ Expansion
Read next
Kakao Bank Lands Thailand License and Pushes Deeper Into Southeast Asia
Hey Digital Banking Fanatic!
Kakao Bank is officially moving into Southeast Asia through a joint venture with Thailand’s SCBX to launch a digital bank in the country.
This follows Thailand’s approval of its first virtual banking licenses earlier this year. The Kakao Bank–SCBX consortium secured one of
Qonto Expands Into Credit as SMEs Struggle with Cash Flow Gaps
Hey Digital Banking Fanatic!
Qonto just rolled out two new products aimed straight at a common SME pain point: cash flow gaps.
A credit card and an overdraft, built directly into its business banking stack. The data explains the move. Half of Qonto’s customers face short-term cash gaps. Most
PicPay Sets IPO Price Range and Puts a $2.6B Valuation on the Table
Hey Digital Banking Fanatic!
PicPay has officially filed its IPO prospectus with a proposed price range between $16 and $19 per share.
That puts the company’s valuation between $2.2 billion and $2.6 billion ahead of its Nasdaq debut.
PicPay is aiming for a premium versus local peers