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Revolut Quietly Advances Stablecoin Plans

Hey Digital Banking Fanatic! The stablecoin conversation isn’t going away... and in FinTech, it’s becoming harder to ignore. Revolut hasn’t shelved its plans. In fact, the neobank is now moving forward with advanced efforts to issue its stablecoin. The neobank has been working on the project since

Nubank Leads as Primary Bank in Brazil

Hey Digital Banking Fanatic! Here’s something you don’t hear every day, or maybe haven’t heard at all. Not because it’s not happening, but because the industry is still early. The truth is, it still is early. According to new research from consultancy Okiar, 21.7% of

UK SME Digital Banking Showdown: Allica Bank vs OakNorth

Pixpay Posts €11M ARR, On Track for Profit, and Germany-Benelux Launches

Hey Digital Banking Fanatic! Pixpay has just passed €11 million in annual recurring revenue and expects to reach €14 million by the end of 2025. With 55% revenue growth in 2024, the company is aiming for monthly profitability this year. Launched in 2019, the France-based neobank offers banking tools designed

Mercado Pago Sparks Talk of a 'Nubank Effect' in Argentina’s Banking Sector

Hey Digital Banking Fanatic! A few weeks ago, Mercado Pago formally filed its request for a banking license in Argentina. The move didn’t come as a surprise, but it did prompt a round of conversations inside the country’s more traditional financial institutions. Bloomberg Línea followed up with several

LemFi Acquires Pillar to Expand Migrant Credit Access

Hey Digital Banking Fanatic! LemFi has acquired UK-based credit card issuer Pillar in a move to expand its credit offering for immigrant communities. The terms of the deal were not disclosed. Founded in 2021 by Opay alumni Ridwan Olalere and Rian Cochran, LemFi began as a remittance platform and now

Chime Soars 59% in Nasdaq Debut, Reigniting FinTech IPO Hopes

Hey Digital Banking Fanatic! Chime Financial (CHYM.O) surged 59% on its Nasdaq debut, opening at $43 vs. its $27 IPO price, and closing near $39.90, giving the neobank a market cap of $ 18.4 billion. The $864M IPO, one of the most anticipated FinTech listings, marks a return

Vivid Hits 50K Business Clients, Plans Card Acquiring & Treasury Interface

Hey Digital Banking Fanatic! Two months ago, I highlighted in my FinTech Newsletter how Vivid Money had been gradually shifting its focus, from serving mostly individual customers to building a business banking platform. In 2022 started with freelancers, then moved into SME accounts last year. At the time, they had

HSBC’s Zing Burned $87.5M in a Year of Operation

Hey Digital Banking! Six months after its shutdown, a year and a half after launch, and nearly three years since HSBC began building it, the financial cost of Zing’s time in operation has finally been revealed: $87.5 million. According to newly released registry filings, Zing’s holding company,

Starling Bank’s 'Spending Intelligence' Debuts with Gemini for AI-Driven Insights

Hey Digital Banking Fanatic! Yesterday, I covered a partnership between a centuries-old institution and a millennial payments company. Today, the spotlight shifts to something more recent, a Gen Alpha bank and a still-nascent product from one of the Magnificent Seven. Starling Bank is teaming up with Gemini (of course not

UK Digital Banks: Revolut vs. Monzo

Santander Partners with Worldpay on SMB Support

Hey Digital Banking Fanatic! A 150-year-old bank and a millennial-era payment processor have teamed up to expand Santander’s offering and sharpen its capabilities in the UK business landscape. Santander UK and Worldpay have announced a long-term agreement aimed at changing how business customers manage payments, both in-store and online.

PEXX Debuts Global USD Accounts & Stablecoin Payments

Hey Digital Banking Fanatic! PEXX wants to ease banking across borders. The Singapore-based company has just launched its full neobank platform, available in +50 countries, offering USD accounts, global debit cards, and stablecoin transfers, using only a passport and phone for instant onboarding. Accounts can hold USD, USDT, or USDC,

Trade Republic Expands Its Banking Offer in Spain as It Reaches 1 Million Customers

Hey Digital Banking Fanatic! Trade Republic is doubling down in Spain. Nearly 4 years after entering the market, the company has reached a new milestone: 1 million customers across the country. Now, it’s rolling out a broader set of banking services that mirror its expansion path in Germany, France,