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Revolut Likely To Apply For US Bank Charter

PYMNTS

European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC. The nature of the market for FinTech startups breaking into the larger U.S.

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

PYMNTS

The defendant in the case is Utah resident Daniel F. Rodriguez of Utah and Jean Paul Ramirez Rico of Colombia — are alleged to have lied to investors and misappropriated funds. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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Will Embedded Finance (BaaS) Cause a Thousand Small Business (SMB) Banks to Bloom?

Fintech Labs Insights

Now that the pandemic appears to be relatively under control, fintech founders are more likely to create new businesses focusing on the SMB opportunity. Banking-as-a-Service (and fintech-as-a-service) providers have proliferated in the past 5 years, making it much easier to start a neo/challenger bank. Founded: 2022.

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The 14 Biggest Payments & Card Industry Conferences & Events in 2023

Fintech Labs Insights

And prices tend to rise as the event draws closer. If we are missing anything, please drop me a note. Payments UX: Zelle Confuses

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 148
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Top 28 Digital Lenders to U.S. Small Businesses

Fintech Labs Insights

We are calling it the FAB score, standing for Fintech Attention Barometer. A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Online Digital Banks for Small Businesses (SMB) May 2021. The 171 Fintech Unicorns of the 21st Century (April 2021 update). 1,050,000.

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 7 born this month (Digit Insurance, Divvy, Mambu, Melio Payments, MX, PPro, Sunlight Financial). + It is the 7th fintech unicorn based in India, and the 4th most valuable. Full Fintech Unicorn List. Top 11 U.S.