Daily News

Hey Digital Banking Fanatic! Kontigo, a stablecoin-focused neobank serving Latin America, was hit by a security breach that drained more than $340,000 in USDC from customer wallets. Unauthorized access was detected, systems were isolated, and an investigation is now underway with external cybersecurity specialists. The incident affected just over

Hey Digital Banking Fanatic! Knight FinTech just raised $23.6M in a Series A led by Accel, pushing total funding past $30M. That officially makes it India’s first Soonicorn of 2026. Knight sits deep in the infrastructure layer, powering co-lending, digital lending, treasury, and embedded finance. The scale is

Hey Digital Banking Fanatics! PicPay just launched Tap to Pay in Brazil, letting entrepreneurs accept contactless payments directly on their phones. No extra hardware. No friction. The solution supports debit and credit cards, one-time or installment payments, and digital wallets across the main networks. Everything runs under PCI security standards.

Hey Digital Banking Fanatic! SoFi just launched SoFiUSD, a fully reserved dollar-backed stablecoin issued by SoFi Bank.  SoFi is positioning itself as a stablecoin backbone for banks, FinTechs, and enterprise platforms. Faster settlement. Always-on rails. Bank-grade oversight. This makes SoFi the first national bank in the US to offer open

Hey Digital Banking Fanatics! Erebor Bank just took a major step forward... The FDIC approved deposit insurance coverage for the crypto-oriented lender, moving it closer to full-scale operations. The bank, backed by Peter Thiel and Palmer Luckey, met the statutory requirements for approval, though regulators attached conditions around capital and

Hey Digital Banking Fanatics! PayPal just applied to become a bank in the US. The payments giant filed applications with regulators to form a Utah-chartered industrial loan company as FinTechs get a warmer reception in Washington. The move comes as the US loosens its stance on new bank entrants. Under