Daily News
ZA Bank Becomes Hong Kong’s First Digital Bank with 1M Users
Hi Digital Banking Fanatic!
ZA Bank just hit a milestone that no other Hong Kong digital bank has reached: 1 million customers.
The numbers behind that growth are equally impressive:
* Deposits climbed nearly 9% YoY to HK$21.1B
* Card transactions surged 33% (vs the market’s 8.4%)
* Total
NOBA Sets IPO Price Ahead of Stockholm Listing
Hey Digital Banking Fanatic!
Another Swedish FinTech is heading for the public markets!
Digital banking group NOBA has priced its IPO at 70 SEK per share, giving it a market cap of 35 billion SEK ($3.7B). Trading is set to kick off on September 26 on Nasdaq Stockholm.
That
Nubank to Swipe Stablecoins 💳
Hi Digital Banking Fanatic!
Nubank is making a bold bet on the future of money.
Latin America’s largest neobank will test dollar-backed stablecoin payments directly through credit cards, letting users pay merchants in dollars while Nubank handles the blockchain magic behind the scenes.
Former Central Bank Chief Roberto
Wero Hits 44M Users in 12 Months – Now Eyeing E-Commerce
Hi Digital Banking Fanatic!
Twelve months. That’s all it took for Wero to go from launch to 44 million users across Europe 🤯.
Backed by a coalition of 16 banks and payment providers, the EPI-powered wallet has already processed over €7.5 billion in P2P transfers.
And they’re
Revolut’s $1.4B Q2 Revenue 🤯
Hey Digital Banking Fanatic!
🚨 Big number alert: Revolut just posted $1.4 billion in revenue in Q2 — nearly doubling from the same period last year 🤯.
According to investor docs seen by Bloomberg, July alone brought in £373M, followed by £410M in August. That kind of pace puts Revolut on track
Mercury Lands in Dublin 🇮🇪 after $300M Raise
Hey Digital Banking Fanatic!
Silicon Valley’s favorite startup banker is crossing the Atlantic.
Mercury — the US business banking FinTech that raised $300m earlier this year at a $3.5bn valuation — is planting a flag in Dublin.
The move comes after the company processed a cool $150bn in customer transactions