From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.
Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia.
Elon Musk aims to make the X platform “the biggest financial institution in the world”. Therefore, his focus now is on integrating financial services inside the X app.
The company reported record-breaking new member additions, surpassing the 584,000 mark.
Robinhood may soon be ready to launch a UK business as it recruits a CEO and publishes vacancies for other roles.
Raisin has ambitious expansion plans to add 25-30 new banks to its platform this year, with a particular focus on the United States.
Public aims to reduce the overall costs for investors, making its platform more appealing to UK users.
GTCR has also committed an equity capital investment of up to $1.25 billion in order to pursue inorganic growth opportunities in Worldpay.
TSB, one of the nine banks, said the Mastercard AI tool has increased its APP fraud detection ability by 20%.
Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India.
The latest announcement means that Tencent and Ant want to allow visitors to make payments with different vendors in China.
Despite a few headwinds Wise has recently faced, the company’s stock jumped after revealing a spike in profits and revenue.
According to reports, problems began at Wyre when it set withdrawal limits for user accounts, claiming the community’s best interests.
Zepz CEO revealed that the company is preparing to introduce its first digital wallet, with a focus on meeting the requirements of migrant communities that frequently send money home.
For Adenza, the acquisition represents a significant milestone in the company’s growth trajectory.