Revolut’s CEO: “We can still be banking’s super app”; & more!

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below:

This podcast episode is sponsored by Mercuryo. With the help of their cryptopowered toolbox, Mercuryo enables companies to take advantage of both fiat and crypto worlds and provide innovative payment solutions for end-customers.

Welcome to your daily FinTech news!

In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.

NEWS HIGHLIGHT

Times’ interview with Revolut’s CEO: “We can still be banking’s super app”. Storonsky is facing worrying questions and needs to find answers. Key staff is leaving. Auditors are asking questions about its accounts. And the company still does not have its UK banking licence. Link here.

Revolut is almost there with its UK banking licence. Revolut’s application for a UK banking licence is “going very well” and it is “almost there”, according to CEO Nik Storonksy. Link here

FINTECH NEWS

• Paytech iBanFirst names a new CTO and a COO. Alain Lagabrielle has been appointed as CTO and Diane Reille COO as part of a broader leadership team shake-up. iBanFirst founder and CEO Pierre-Antoine Dusoulier says: “This series of appointments come at a time of strong growth for iBanFirst, which has seen its turnover increase by more than 100% each year for several years.” Link here.

#Crypto

• Fireblocks hits $100M in annual revenue despite crypto downturn just four years after the company’s inception and three years since its first product went to market. Link here

#M&As

• US paytech Aurora snaps up One Payment. With more than $1B worth of payments volume processed annually, Florida-based One Payment adds “immediate scale” to Aurora’s platform. Link here