Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Crypto.com Secures $400 Million Strategic Investment From Citadel Securities at $20 Billion Valuation
Crypto.com has secured a $400 million strategic investment from Citadel Securities at a $20 billion valuation, its first institutional funding round in a decade.
US Digital Banking Platform Lumin Digital Raises $115 Million at $1.6 Billion Valuation
Lumin Digital has raised over $115 million at a $1.6 billion valuation via a Light Street-led growth round and a client-led financing to accelerate AI and payments.
US Embedded Insurance Fintech Cover Genius Raises $100 Million From Vista at $1.9 Billion Valuation
Embedded insurance fintech Cover Genius has raised $100 million from Vista Credit Partners at a $1.9 billion valuation to fund AI-driven distribution.
ECB Selects 36 Payment Providers Including Deutsche Bank, UniCredit and Revolut for Digital Euro Pilot
The ECB has chosen 36 payment service providers, including Deutsche Bank, UniCredit and Revolut, to participate in its digital euro pilot scheduled to start in H2 2027.
SWIFT's Blockchain Ledger Ready for Use With 17 Pilot Banks Pioneering Tokenised Cross-Border Payments
Swift's blockchain-based ledger is ready for use, with 17 banks preparing to pilot live transactions using tokenised deposits, the interbank messaging network said.
Philippines' Mynt Files for Record PHP 92.3 Billion IPO of GCash Parent
GCash parent Mynt has filed for an IPO of up to PHP 92.3 billion (USD 1.5 billion) in Manila, poised to become the Philippines' largest listing on record.
Germany's N26 Reports EUR 501.6 Million 2025 Revenue and First Full-Year Net Profit
N26 reported 2025 revenue of EUR 501.6m, up 13%, and net income of EUR 1.6m, its first full year of net profitability, alongside stronger Q1 2026 numbers.
Singapore-Based Airwallex Raises USD 320 Million Series H at USD 11 Billion Valuation
Airwallex has raised USD 320m in a Series H led by Addition at an USD 11bn valuation, up from USD 8bn six months earlier, to fund AI hires and licence expansion.
Netherlands' Bunq Opens Banking-as-a-Service Platform to EU Businesses
Dutch neobank Bunq has made bunq-as-a-Service generally available across the EU, offering card issuance, instant SEPA payments and fiat on/off-ramps to businesses.
Meta Invests USD 900 Million in India's CRED at USD 4.5 Billion Valuation as Kunal Shah Takes WhatsApp Helm
Meta is investing USD 900m in Indian fintech CRED at a USD 4.5bn valuation, taking a roughly 20% stake as founder Kunal Shah is appointed head of WhatsApp.
Robinhood Cut Nearly 300 Employees in U.S. Workforce Reduction at Fintech
Robinhood cut nearly 300 employees as part of a move to maintain a lean, hyper-focused team, saying it needed a smaller staff where every employee can make a significant impact.
Moniepoint CEO said Africa’s biggest business opportunity lay in informal sector
Moniepoint co-founder and Group CEO Tosin Eniolorunda said African businesses were missing a large growth opportunity by focusing on formal customers while neglecting the continent's informal economy.