Digital bank Revolut had a major outage on Wednesday, affecting millions of users worldwide. Customers reported…
Tag: fintech
Revolut Receives Conditional US Bank Charter Approval
Revolut has received conditional approval from the Office of the Comptroller of the Currency (OCC) for…
Advent and Stripe Abandon $50 Billion Bid for PayPal
A group made up of buyout firm Advent International and payment processor Stripe has stopped its…
Navi Secures $100 Million from Prosus Ahead of IPO Filing
Navi, a digital financial services startup, has raised $100 million in funding from Dutch investor Prosus,…
Klarna Shares Fall 20% on Weak Revenue Guidance for 2026
Klarna Group PLC (NYSE:KLAR) shares fell 20.5% on Tuesday after the company released a revenue forecast…
PhonePe FY26 Revenue Rises 11% to ₹7,920 Crore, Losses Widen
PhonePe reported an 11% increase in revenue for fiscal year 2026, reaching ₹7,920 crore. However, the…
Paytm to invest ₹100 crore in wealth management unit
Fintech firm One97 Communications, owner of the Paytm brand, announced plans to invest ₹100 crore in…
Paytm Board Drops Bonus Share Proposal to Boost Growth
Paytm's board of directors has decided to drop a proposal for bonus shares in order to…
Norwest leads Rs 387 crore funding round for Veriqus Group
Norwest Venture Partners has confirmed its role as the lead investor in a funding round for…
Stripe’s Bid for PayPal Highlights Private Fintech Growth
Stripe's recent bid for PayPal illustrates the increasing power of private fintech firms in the market.…