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Zopa reports first full year profit

News | Online & Mobile Banking | 16 Apr 2024

UK-based Zopa has announced its its first full year of profitability, aiming to accelerate its development and to offer current accounts to customers by the end of 2024.

product launch, IPO, banking, online banking, mobile banking, financial services, financial institutions, digital banking

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

MTS Bank announced IPO in push for development

News | Online & Mobile Banking | 16 Apr 2024

Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process. 

product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Rubrik to file for US IPO

News | Digital Identity, Security & Online Fraud | 02 Apr 2024

Microsoft-backed data security software vendor, Rubrik, has announced its intention to list its shares in a US initial public offering (IPO), riding on the wave of companies turning to capital markets after two years of slowing down.

 

IPO, stock, public listing, fintech, investment, cloud, cloud services, data protection, data privacy, ransomware, cybersecurity

Azimut to launch a new digital independent bank

News | Online & Mobile Banking | 29 Mar 2024

Italy-based Azimut has set out plans to spin off part of its network of financial advisors, merge it into an independent digital bank, and look for outside investors. 

investment, partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Chime to go public in 2025

News | Online & Mobile Banking | 25 Mar 2024

US-based fintech Chime has been reported to intend to launch its initial public offering (IPO) in the US in 2025, with the company not yet engaging banks. 

mobile banking, online banking, fintech, IPO, banks

Monzo considers selling stake to Singapore's GIC

News | Online & Mobile Banking | 19 Mar 2024

Digital bank Monzo has engaged in advanced talks to sell a USD 50 million stake to Singapore’s Government Investment Corporation.

funding, digital banking, acquisition, fintech, neobanks

Klarna receives USD 733,000 fine for GDPR shortcomings

News | Digital Identity, Security & Online Fraud | 13 Mar 2024

Sweden-based payments group Klarna has received a USD 733,000 fine for failing to adhere to the EU's General Data Protection Regulation (GDPR).

GDPR, online payments, regulation, compliance

Ebury to look at GBP 2 billion valuation in London listing

News | Online & Mobile Banking | 06 Mar 2024

Cross-border payments platform, Ebury has held talks with banks and financial institutions, as it pursues a London listing at a valuation of up to GBP 2 billion. 

banking, online banking, mobile banking, digital banking, financial services, financial institutions

Emerging technologies and networks redrawing the competitive boundaries of cross-border payments for businesses

Voice of the Industry | Online Payments | 04 Mar 2024

Samee Zafar, Director at Edgar, Dunn & Company (EDC), discusses how emerging technologies and networks are redrawing the competitive boundaries of cross-border payments for businesses. 

cross-border payments, ecommerce, banks, digital payments, SMEs, SEPA, PIX, crypto, digital currency

Klarna discusses USD 20 billion IPO

News | Online Payments | 28 Feb 2024

AI-enabled global payment provider and shopping assistant Klarna has proceeded with its strategy for a potential US listing for a valuation of USD 20 billion. 

BNPL, online payments, digital payments, payment methods, public listing

Reddit discloses Bitcoin and Ether holdings in IPO filing

News | Cryptocurrencies | 23 Feb 2024

Reddit has disclosed that it invested part of its excess cash in bitcoin (BTC) and ether (ETH), making the firm one of the few companies that directly purchased digital assets. 

digital assets, cryptocurrency, Bitcoin, Ethereum

The future of payments is local: how the rise of local payment methods is giving consumers more ways to pay

Voice of the Industry | Online Payments | 02 Feb 2024

Stuart Neal, the new CEO of Boku, talks about the future of payments and explains how the rise of local payment methods is giving consumers more ways to pay.

cross-border payments, ecommerce, local payment method, merchants, payment methods, online payments, transactions , customer experience, growth markets, real-time payments

Payments predictions: insights from Boku on what lies ahead for the industry in 2024

Interviews | Payments General | 25 Jan 2024

We interviewed Boku’s new CEO, Stuart Neal, to discuss the current payments landscape and learn what are his top three industry predictions for 2024.

online payments, digital wallet, account-to-account payment, direct carrier billing, merchants, mobile payments, payment methods, UPI, PIX, QR code, local payment method, real-time payments

Brazil anticipated to become Ebury's main market by revenue

News | Payments General | 22 Jan 2024

UK-based fintech company Ebury has started widening its operations in Brazil, which it reportedly sees as a potential main revenue market.

expansion, FX , payments , SMEs, acquisition, fintech, cash management

N26 to offer stocks trading in Austria and Germany

News | Cryptocurrencies | 17 Jan 2024

Germany-based online bank N26 has revealed its plans to permit customers in Austria and Germany to trade stocks and exchange-traded funds (ETFs).

cryptocurrency, digital assets, online bank, mobile banking

Airwallex to be IPO ready by 2026

News | Payments General | 15 Jan 2024

Global payments and financial platform for businesses Airwallex has revealed its plans to be ready to list publicly by 2026 in the context of a valuation surge.

IPO, expansion, payments , online payments

Circle files for a US initial public offering

News | Cryptocurrencies | 12 Jan 2024

Circle Internet Financial has confidentially filed for a US initial public offering in a bid to become a publicly traded company.

cryptocurrency, IPO, stablecoin, blockchain, fintech

ChowBanQ considering an IPO for its platform

News | Online & Mobile Banking | 05 Jan 2024

US-based fintech company ChowBanQ has announced that it plans to go public with its platform for trading and making payments as transfers between buckets.

online platform, neobanks, online banking, IPO, bucket