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Fasset Just Joined the Unicorn Club

Fasset Just Joined the Unicorn Club

Hey Digital Banking Fanatic! A stablecoin neobank just became a unicorn. 🦄 Fasset has hit a $1 billion valuation after raising $68 million from Japan’s SBI Group. Only three months after its previous funding round. And this isn’t just another crypto valuation story. Fasset says it now processes more

Payward Takes Kraken Into Banking

Kraken Doesn’t Just Want to Be a Crypto Exchange

Hey Digital Banking Fanatic! What if your crypto exchange became your bank? 🏦 Last month, I wrote about Kraken eyeing a European banking licence. Now, those ambitions appear to be getting bigger. Kraken’s parent company, Payward, is exploring becoming a full-fledged bank outside the U.S., a move that

Santander Seals Webster Deal, Bets Bigger on the U.S.

Santander Seals Webster Deal, Bets Bigger on the U.S.

Hey Digital Banking Fanatic! Santander just made a pretty big bet on the U.S. Its acquisition of Webster Financial is officially done, bringing the two banks together and giving Santander a U.S. business with nearly eight million customers. For customers, not much changes for now, though they can

Nuuvia taps operations chief Marcell King as new CEO

Nuuvia taps operations chief Marcell King as new CEO

No, I'm not becoming the CEO of Nuuvia, even if the name sounds a bit familiar. I'll be keeping my single "l," so don't worry, your daily FinTech and digital banking updates aren't going anywhere 😉 US-based FinTech Nuuvia, which

Revolut Eyes Australia's Mortgage Market

Revolut Doubles Down on Asia-Pacific

Revolut is going all-in on Asia-Pacific! Following Japan's Minna Bank integration, enabling Revolut to offer banking services in the country, there's now more updates from Australia. After secured its Aussie banking licence, the digital bank is eyeing the mortgage market and looking to take

Fiserv and Flagstar Are Rebuilding the Core

Fiserv and Flagstar Are Rebuilding the Core

Flagstar is making a pretty big change underneath the hood. The bank has selected Fiserv's Finxact as the foundation for its core modernization strategy, replacing legacy technology with a cloud-native, API-first core. The plan is to move toward a single consolidated system in phases. What matters

Chime Explores Stablecoin Wallets

Chime Bets on Stablecoins

Hey Digital Banking Fanatic! A new digital bank is exploring stablecoins: now it's Chime's turn. Bloomberg reports the U.S. neobank is looking at adding stablecoin functionality as a new feature inside its app, and honestly, it was only a matter of time. SoFi, Revolut, and