London-based Revolut reports 2025 revenue up 46% YoY to £4.5B, pretax profit up 54% YoY to £1.7B, and customers up nearly 33% YoY, as it moves to become a bank
Revenue rose 46% last year as its customer base grew by around a third, the fintech said
Revolut says it has secured a full banking license from UK regulators after a four-year wait, allowing the company to expand lending to its 13M UK customers
Permit is crucial to growth strategy of Europe's most valuable fintech — Revolut has secured a full banking licence from UK regulators …
Revolut says it has secured a full banking license from UK regulators after a four-year wait, allowing the company to expand lending to its 13M UK customers
Permit is crucial to growth strategy of Europe's most valuable fintech — Revolut has secured a full banking licence from UK regulators …
Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster
UK-headquartered fintech had hoped to secure a banking charter through buying an American lender — Stephen Morris in Davos and Laith Al-Khalaf in London
Polygon buys crypto startups Coinme and Sequence for a total of $250M+, as it seeks to bolster its stablecoin and fintech infrastructure and compete with Stripe
Polygon buys crypto startups Coinme and Sequence for a total of $250M+, as it seeks to bolster its stablecoin and fintech infrastructure and compete with Stripe
Polygon Labs CEO Marc Boiron (left) and Polygon Foundation founder Sandeep Nailwal.COURTESY OF POLYGON LABS
JPMorgan Chase secures deals with fintech middlemen, like Plaid, covering 95%+ of third-party data pulls, and will receive payment for access to customer data
JPMorgan Chase has secured deals ensuring it will get paid by the fintech firms responsible for nearly all the data requests …
Sources: Flipkart is investing $30M in its fintech unit Supermoney, after a $20M 2024 spin-off round; Supermoney disbursed $700M+ in loans via lending partners
Alex Gabriel Simon / Bloomberg :
Riyadh-based Hala, which offers payment services to 142K+ small businesses in the Gulf region, raised a $157M Series B, a source says at a ~$900M valuation
Aisha S Gani / Bloomberg : LinkedIn: Riyad Abou Jaoudeh and Aisha S Gani LinkedIn: Riyad Abou Jaoudeh : So excited to finally announce HALA 's $157M series B co-led by TPG and Sanabil Investments wit...
Dealroom: European VC deals are set to rise 3-4% YoY in 2025 to $57B, about the same as in 2023, driven by rising startup valuations in AI, fintech, and defense
Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown