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Mal Raises $230M to Build the World’s First AI-Native Islamic Digital Bank

Mal Raises $230M to Build the World’s First AI-Native Islamic Digital Bank

Hey Digital Banking Fanatic! Mal just secured $230 million to bring what it calls the world’s first AI-native Islamic digital bank to life. The round was led by BlueFive Capital, alongside strategic investors and family offices. The ambition is big. Mal wants to serve 2 billion Muslims worldwide, while

Kbank Moves One Step Closer to IPO after Clearing KOSPI Review

Kbank Moves One Step Closer to IPO after Clearing KOSPI Review

Hey Digital Banking Fanatic! Kbank just cleared the preliminary review to list on the KOSPI main board, advancing its long-awaited IPO plans in South Korea. The green light came from the Korea Exchange, roughly two months after Kbank filed for the review. A meaningful milestone, but not the finish line

Mercado Pago Rolls Out an AI Assistant to Simplify Everyday Money Tasks

Mercado Pago Rolls Out an AI Assistant to Simplify Everyday Money Tasks

Hey Digital Banking Fanatic! Mercado Pago just launched a new AI-powered personal assistant built directly into its app and web platform. It’s a smart strategic move. Make daily money management faster and easier. The assistant handles payments with a photo. Upload a bill, and it reads the barcode or

Revolut Takes On Mexico’s Credit Card Giants With A Perks-First Play

Revolut Takes On Mexico’s Credit Card Giants With A Perks-First Play

Hey Digital Banking Fanatic! Revolut is stepping straight into Mexico’s credit card battlefield. Just weeks after launching as a bank, the FinTech is rolling out its own credit card to take on BBVA, Banamex, HSBC, and Santander. Early access invites are already going out. Three plans are on the

Revolut Pushes Deeper Into Emerging Markets With Turkey On The Radar

Revolut Pushes Deeper Into Emerging Markets With Turkey On The Radar

Hey Digital Banking Fanatic! Revolut is reportedly in talks to acquire Turkish digital bank FUPS, according to Bloomberg. Nothing is signed, but the move would give Revolut a direct entry point into Turkey. It fits the broader pattern. At a $75B valuation, Revolut is clearly playing offense. Mexico approval secured.

Stablecoin Neobank Kontigo Hit By $340K Hack And Promises Full Reimbursement

Stablecoin Neobank Kontigo Hit By $340K Hack And Promises Full Reimbursement

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

Knight FinTech Raises $23.6M… and Quietly Becomes India’s First Soonicorn of 2026

Knight FinTech Raises $23.6M… and Quietly Becomes India’s First Soonicorn of 2026

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