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UK FinTech Tide Picks Luxembourg for European HQ

UK FinTech Tide Picks Luxembourg for European HQ

Hey Digital Banking Fanatic! UK-based FinTech Tide will establish its European headquarters in Luxembourg as part of a push to expand across Europe. Building on its success in the UK, where it serves 900,000 SMEs, Tide expanded into India in late 2022, quickly adding another million users. Now,

Monzo Says, Ole! The Bank of Spain Gave the Green Light

Monzo Says, Ole! The Bank of Spain Gave the Green Light

Hey Digital Banking Fanatic! Bullfights usually take place in Pamplona during one of Spain’s most famous festivals. But now, we are witnessing a different kind of bull fight nationwide in the digital banking arena, the heavyweight battle between Monzo and Revolut. Monzo obtained registration from the Bank of Spain

Circle Co-founder and Mercury Raised Millions

Circle Co-founder and Mercury Raised Millions

Hey Digital Banking Fanatic! Sean Neville, co-founder of stablecoin giant Circle and current board member, has secured $30 million in a Series A led by Acrew Capital and the crypto arm of Andreessen Horowitz. His startup, Catena Labs, is building tools that allow AI agents to safely conduct financial

This Is How Much Monzo’s Profit Just Soared

This Is How Much Monzo’s Profit Just Soared

Hey Digital Banking Fanatic! UK FinTech Monzo posted a pre-tax profit of £87.3m in the last financial year, 44% higher than the £60m obtained in 2024. The increase came along with a 40% higher revenue, sitting at £1.7bn. I covered how Monzo dropped its ambitions for US

Billionaire Patrice Motsepe's GoTyme Bank Eyes $15 Billion Listing

Billionaire Patrice Motsepe's GoTyme Bank Eyes $15 Billion Listing

Hey Digital Banking Fanatic! If you haven't heard of GoTyme Bank yet, you're about to. Patrice Motsepe's digital lender, often called Africa's first profitable standalone digital bank, just crossed 21 million customers across South Africa and the Philippines. CEO Cheslyn Jacobs dropped

What Nu Showed in Its Earnings

What Nu Showed in Its Earnings

Hey Digital Banking Fanatic! Nu Holdings just crossed $5 billion in quarterly revenue for the first time, and the stock fell anyway. That's the kind of paradox that makes earnings season interesting. Crossing the $5B revenue milestone is no small feat for a company that didn't

Mistral’s Response to Mythos to Protect European Banks

Mistral’s Response to Mythos to Protect European Banks

Hey Digital Banking Fanatic! Anthropic's Mythos AI is the hottest tool in cybersecurity right now, and almost no one can get near it. While a handful of companies have been granted access for code analysis and vulnerability detection, most multinationals are locked out, banks included. That's