In less than 5 years, Pix has grown to almost 50% of 🇧🇷 Brazil’s non-cash payments 🤯 Sign up for my newsletters to get the latest FinTech updates (like this one) in your inbox first: connectingthedotsinfin.tech/connecting-the…

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: US 🇺🇸 Treasury Secretary Scott Bessent announced “We will take a close look at regulatory impediments to blockchain, stablecoins, and new payment systems.”

Stripe 🆚 Adyen Here is comparison of Key Stats and the latest (2024) Financial Reports: 𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀👇 𝗔𝗱𝘆𝗲𝗻 • Founded: 2006 • Valuation: $52.3B • Countries Operated In: 190 • Employees: 4,345 • Revenue: $2.1B (+23% YoY) • Processed Volume: $1.34T

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Cash App owner Block pays $𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 fine to New York over compliance failures. Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: South African FinTech company Stitch has successfully secured an additional $𝟱𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in funding, aimed at enhancing its comprehensive payment solutions for businesses throughout Africa.

Revolut 🆚 Starling Bank 🆚 Monzo Bank Let's dive in: Turning to financials, here’s a look at Monzo and Starling in 2024, while for Revolut—yet to disclose its 2024 accounts—I’ll refer to its 2023 figures. 👇 You can read my complete deep dive comparison article for more

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: bunq completes first phase of US 🇺🇸 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 filing as it reports its second consecutive year of profits. bunq, the second largest neobank in Europe, is moving forward with its US banking license process. The company has filed for a

Revolut is eyeing South Africa as its first entry point into the African market, with plans to secure a full banking license and bring its digital-first financial services to the region. With over 50 million users globally, the company sees South Africa as a potential launchpad

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Ex-Revolut duo’s "Blockchain bank account" platform Bleap partners with Mastercard in latest push to take stablecoins mainstream.

🚨𝙉𝙀𝙒𝙎 𝙁𝙇𝘼𝙎𝙃: Nu México, the Mexican subsidiary of Brazilian FinTech giant Nubank, has reportedly been granted authorization to obtain a 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝗹𝗶𝗰𝗲𝗻𝘀𝗲 in Mexico 🇲🇽

Monzo Bank today announces that it has surpassed 𝟭𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 customers: finextra.com/pressarticle/1… That’s 1 in 5 UK adults — and more than 600,000 business customers, or 1 in 9 UK businesses. Source graphic: C-Innovation

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Revolut launches interest-bearing account and begins Credit Card tests in Brazil 🇧🇷 Revolut's new offerings in Brazil are subscription plans with metal debit cards, exclusive benefits similar to premium credit cards, an interest-bearing account in

🚨 𝘽𝙍𝙀𝘼𝙆𝙄𝙉𝙂: Revolut released its Annual Report with $𝟭.𝟰𝗯𝗻 profit in 2024 🤯 Here are the 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝘄𝗮𝘆𝘀 from the latest financial report: Revolut Group released its Annual Report for the year ending 31 December 2024, delivering significant growth across

🚨 𝗕𝗜𝗚 𝘂𝗽𝗱𝗮𝘁𝗲𝘀 from Nubank today: 1️⃣ After 18 months, Nubank finally received a full banking license in Mexico, approved by the CNBV and Banco de México 🇲🇽 Nu entered the Mexican market in 2019 and acquired a Sociedad Financiera Popular (Sofipo) in 2022, which

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Revolut is advancing plans for a soft launch of Irish 🇮🇪 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲𝘀 before a full roll-out towards the end of the year, as it seeks to challenge the three main banks’ grip of their most important line of business. The UK-based financial technology group

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Qonto integrates Mollie Payments embedded payments solution to enable its customers to easily accept payments online in a a strategic two-way collaboration: Qonto, the business finance solution for SMEs and freelancers, and Mollie, the leading European

WeChat Palm Pay in China 🤯 Here is how it works: ► A one-time sign-up using WeChat Pay, where your bank card is connected to your unique palm vein pattern. ► Uses advanced near-infrared imaging technology — even more secure than fingerprint or facial recognition. ► Your

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: EPI is in talks with Spain’s Bizum and Portugal’s Sibs about a potential partnership, as Europe pushes to reduce its reliance on U.S. tech giants in the payments sector. A few weeks ago, news broke that the European Union wants to reduce its reliance on Visa,

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Amsterdam-based Duna, a startup addressing business identity with a platform that combines regulatory compliance with user experience, has announced its €𝟭𝟬.𝟳 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 Seed round. The funding will be used to accelerate product development and expand

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Revolut to roll out Bitcoin Lightning Payments for users in the U.K. and select European countries through Lightspark . The integration aims to reduce transaction fees and payment processing time by using Lightspark's infrastructure for global payments.