Fintech
Revolut targets valuation of up to $200B ahead of potential IPO
Revolut is reportedly targeting a valuation of up to $200 billion in a future IPO, underscoring its rapid growth in global fintech and digital banking.
Stay up to date with the latest news on fintech (financial technology), covering everything from disruptor banks and innovations at established financial institutions to expense management startups, P2P payment services, checkout tools, and the technologies that power them.
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Revolut is reportedly targeting a valuation of up to $200 billion in a future IPO, underscoring its rapid growth in global fintech and digital banking.
Cash App is expanding to serve children aged 6–12, introducing parent-managed financial tools designed to teach money management safely.
Doss raises $55M to scale its AI-driven inventory management platform, which integrates directly with ERP systems to improve supply chain efficiency.
Prediction market platform Kalshi has been temporarily banned in Nevada as regulators challenge its operations, raising questions about the future of event-based trading in the U.S.
Kalshi faces criminal charges in Arizona, marking the first case accusing the prediction market platform of operating an illegal gambling business.
Fuse raises $25 million to replace legacy loan origination systems used by US credit unions with faster, cloud-based lending infrastructure.
PhonePe has postponed its IPO as global tensions and market volatility weigh on investor sentiment, prompting fintech firms to reassess listing timelines.
Indian neobank Fi is discontinuing banking services on its platform as it restructures operations and evaluates new financial product strategies in the fintech sector.
Stripe is developing tools that help businesses manage AI usage and monetize AI services, turning rising AI infrastructure costs into potential new revenue streams.
Stripe and PayPal Ventures invest in India-based Xflow to simplify cross-border B2B payments, aiming to deliver faster settlements, lower fees, and improved compliance for global businesses.
InScope raises $14.5 million to streamline financial reporting with automation tools designed to reduce manual work, improve compliance, and simplify audit processes.
Cash App introduces shareable payment links, allowing users to request and receive money directly through DMs, texts, and social media conversations.
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