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: 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
Filings: Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3.5B valuation, down from $6.4B in 2022
The fintech major was valued at $6.4 billion in 2022 during its last major fund infusion. The current fund infusion is in the form …
Chime shares jumped 37% in their Nasdaq debut on Thursday, closing at $37.11 and giving the company a market cap of $13.5B
@mcuban.bsky.social [image] X: Adam Nash / @adamnash : Congrats to the team & investors in @Chime on their IPO today. 🎉 Some of the best product ideas are simple. Chime did not come up with the idea o...
A profile of Airwallex co-founder Jack Zhang, who turned down Stripe's $1.2B offer seven years ago; the fintech is now valued at $6.2B and plans an IPO in 2026
Emily Mason / Bloomberg : X: @awxjack . LinkedIn: Bloomberg News and Ravi Adusumilli X: Jack Zhang / @awxjack : 7 years ago, my co-founders and I walked away from an 1.2B acquisition offer from @st...
Wise says it plans to shift its main listing from London to NYC, the latest loss for London's stock market, but will maintain a secondary listing on the LSE
Wise Plc is planning to list its shares in the US, the latest blow to London's stock market. — While the fintech will maintain …