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Chime Posts First Profitable Quarter as US Neobank Expands Into Credit, Payroll and AI
Digital Banking

Chime Posts First Profitable Quarter as US Neobank Expands Into Credit, Payroll and AI

Chime has reported a record first quarter for 2026, posting its first…
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Pete Sadler
Italian State-Backed CDP Raises Nexi Stake to Nearly 30%, Blocking CVC Takeover
Payments

Italian State-Backed CDP Raises Nexi Stake to Nearly 30%, Blocking CVC Takeover

Italy's state-backed lender Cassa Depositi e Prestiti has moved to…
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Pete Sadler
Nubank Surpasses $5 Billion in Quarterly Revenue as Mexico Operation Reaches Break-even
Digital Banking

Nubank Surpasses $5 Billion in Quarterly Revenue as Mexico Operation Reaches Break-even

Nubank has reported record first-quarter 2026 results, surpassing $5 billion in quarterly…
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Pete Sadler
PRA to consult on easing ring-fencing rules for shared operational services
Press Release

PRA to consult on easing ring-fencing rules for shared operational services

The Prudential Regulation Authority will publish a consultation this summer on loosening…
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Pete Sadler
N26 Launches Flexible Cash Fund with Fidelity in Push to Out-Yield European Neobank Rivals
Digital Banking

N26 Launches Flexible Cash Fund with Fidelity in Push to Out-Yield European Neobank Rivals

Berlin-based digital bank N26 has launched a Flexible Cash Fund in partnership…
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Pete Sadler
Banking Circle Names Kush Saxena Chief Executive as B2B Payments Bank Plots Next Growth Phase
Payments

Banking Circle Names Kush Saxena Chief Executive as B2B Payments Bank Plots Next Growth Phase

Banking Circle has named Kush Saxena as its new Group Chief Executive…
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Pete Sadler
Nubank Pursues a Brazilian Banking Licence to Keep "Bank" in Its Name
Digital Banking

Nubank Pursues a Brazilian Banking Licence to Keep "Bank" in Its Name

Brazil's largest digital bank is chasing a full banking licence…
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Pete Sadler
PayPal Carves Venmo Into Its Own Unit in Three-Way Restructure
Payments

PayPal Carves Venmo Into Its Own Unit in Three-Way Restructure

PayPal has separated Venmo into a standalone business unit for the first…
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Pete Sadler
dLocal Posts Record Quarterly Profit as Payment Volumes Surge 73%
Payments

dLocal Posts Record Quarterly Profit as Payment Volumes Surge 73%

dLocal, the Uruguay-based cross-border payments specialist, has reported a record first quarter…
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Pete Sadler
Andreessen Horowitz Leads $25M Series A for Saudi Banking Infrastructure Platform Stitch
Fintech

Andreessen Horowitz Leads $25M Series A for Saudi Banking Infrastructure Platform Stitch

Andreessen Horowitz (a16z) has led a $25 million Series A round for…
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Pete Sadler
Dubai-based Fasset raises $51m to scale stablecoin neobank across emerging markets
Press Release

Dubai-based Fasset raises $51m to scale stablecoin neobank across emerging markets

Fasset, the Dubai-headquartered stablecoin-powered neobank, has closed a $51 million Series B…
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Pete Sadler
Bank of England reviews stablecoin regime after industry pushback on deposit and holding limits
Press Release

Bank of England reviews stablecoin regime after industry pushback on deposit and holding limits

The Bank of England is reassessing key elements of its proposed stablecoin…
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Pete Sadler
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