08 July 2024
Written By FinTech Alliance in FinTech
Revolut CEO Nikolay Storonsky plans to sell part of his stake in a $500 million share sale, aimed at achieving a $40 billion valuation.
This move follows a significant rise in the company’s revenue, almost doubling to £1.8 billion in 2023, driven by increased interest income. Despite regulatory scrutiny and ongoing efforts to secure a UK banking license, Revolut remains optimistic about its growth and future public listing.
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
In this insightful report, OzoneAPI delve into the pivotal developments that have shaped the landsca...
Key findings from the report:Embedded finance is expected to dominate the industry in 10 yearsThere...
UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...
Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...
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