Latest

Hey Digital Banking Fanatic! Two years after Revolut’s launch, its Business segment quietly emerged in 2017 and has steadily become a core part of the bank’s operations. Today, Revolut Business contributes 15% of total revenue, attracts 40,000 new business customers each month, and serves “hundreds of thousands

Hey Digital Banking Fanatic! Since entering the U.S. market in July 2023, OakNorth has crossed the $1 billion mark in lending, an early milestone in what’s shaping up to be a steady expansion across the Atlantic. Known for focusing on the underserved lower mid-market segment, the London-based digital

Hey Digital Banking Fanatic! Revolut reportedly turned down investor interest that could have valued the company at approximately $65 billion. Earlier this year, an investor offered to purchase hundreds of millions of secondary shares from early backers at that high valuation, according to Axios. The report also noted that Revolut

Hey Digital Banking Fanatic! While I’ve been traveling, currently in Dubai, I’ve kept a close watch on news from back home. Two familiar names, Backbase and bunq, have made big moves. Both are part of the city’s entrepreneurial fabric I know well, and their latest steps show

Hey Digital Banking Fanatic! After a brief retreat, SoFi is laying the groundwork for a return to digital assets. The move reflects a broader recalibration among U.S. banks, as regulatory conditions shift and doors reopen for renewed engagement with crypto markets. Anthony Noto, SoFi’s CEO, said the company

Hey Digital Banking Fanatic! Berlin-based FinTech Pliant has secured $40M in Series B funding, led by Illuminate Financial and Speedinvest, with backing from PayPal Ventures and Motive Ventures — pushing total funding beyond $100M. Founded in 2020, Pliant is on a mission to modernize B2B payments with a modular, API-first card

Hey Digital Banking Fanatic! Revolut’s Singapore operation has reached a new milestone. In the latest financial year, the digital bank posted its first profit in the market, achieving a 15% net profit margin. This marks a significant moment for the local team and hints at the potential for its