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Revolut Completes Fundraising Process Establishing $75 Billion Valuation

Revolut, the global fintech leader with over 65 million customers worldwide, has today announced the completion of a share sale, valuing the company at $75 billion.

The transaction was led by Coatue, Greenoaks, Dragoneer, Fidelity Management & Research Company, with participation from a broad group of world-class investors including Andreessen Horowitz (aka a16z), Franklin Templeton, and T. Rowe Price Associates, Inc.*

Monday, November 24, 2025 - 09:19
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Financial IT
Capital.com Strengthens European Operations With Expanded Customer Service Hub in Bulgaria

Capital.com, the high-growth trading platform and fintech group, today announced the expansion of its operations in Bulgaria with the opening of a new office at Sofia’s Office X Business Garden and a 51% increase in local headcount over the past year. This development aligns with the company’s strategy to build specialised centres of excellence across key functions, with Bulgaria leading the way in customer service. 

Monday, November 24, 2025 - 09:01
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/news/infrastructure/capitalcom-strengthens-european-operations-expanded-customer-service-hub
Financial IT
Finom Launches Premium Business Cards for Growing SMEs

Finom, the digital financial services platform for European SMEs, today announced the launch of Finom Prime, a subscription-based business card for European SMEs. The new card addresses a specific market gap: businesses that have outgrown basic card offerings but find existing premium cards overpriced. 

Monday, November 24, 2025 - 08:56
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/news/banking/finom-launches-premium-business-cards-growing-smes
Financial IT
TerraPay Launches Xend - A Global Payments Interoperability Network to Power Borderless Payments for Billions of Wallet Users

TerraPay, a leading global money movement company, today announced the launch of Xend, a first-of-its-kind Payments Interoperability Network designed to unify the fragmented world of wallets, banks, and cards into one seamless, borderless financial ecosystem. 

Monday, November 24, 2025 - 08:53
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/news/payments/terrapay-launches-xend-global-payments-interoperability-network-power-borderless
Financial IT
WFIS 2025 – Indonesia: Countdown to the Nation’s Most Influential Digital Finance Gathering Begins

Indonesia’s audacious on-going attempts to merge technology with finance – in all imaginable aspects – to mobilize a tech-driven, digital-first financial ecosystem has, by its best measures, enabled the nation to hit a trillion-dollar GDP mark this year – the highest in its economic history.

Monday, November 24, 2025 - 08:49
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/news/fintech-startups/wfis-2025-indonesia-countdown-nations-most-influential-digital-finance
Financial IT
Intuit QuickBooks Goes Live With Open Banking in Australia, Powered by SISS Data Services

Intuit Australia (Intuit) has engaged SISS Data Services (SISS) as an outsourced service provider to facilitate open banking data feeds for Intuit’s QuickBooks customers across Australia.

As Intuit’s technology partner, SISS has enabled the critical integration that connects Intuit’s QuickBooks customers with their banking data via Australia’s Consumer Data Right (CDR). 

Monday, November 24, 2025 - 08:43
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/news/open-banking/intuit-quickbooks-goes-live-open-banking-australia-powered-siss-data-services
Financial IT
Mastercard Accelerates the Future of Mobility With Open-Loop Transit Payments in Azerbaijan

In a world where cities are constantly on the move, Mastercard stands at the forefront of the mobility revolution. As the leading technology company in transit payments, Mastercard is transforming how people travel — making every journey faster, simpler, and smarter. 

Friday, November 21, 2025 - 14:32
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/news/payments/mastercard-accelerates-future-mobility-open-loop-transit-payments-azerbaijan
Financial IT
FCA Transaction Reporting Proposals to Save Firms £100M a Year

The FCA receives over 7 billion MiFID transaction reports a year used to support the cleanliness, transparency and resilience of UK markets.

To reduce costs for firms, support growth and improve the quality of data received, the FCA has proposed:

Friday, November 21, 2025 - 14:30
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/news/infrastructure/fca-transaction-reporting-proposals-save-firms-ps100m-year
Financial IT
Numeric Raises $51M Series B, Expanding From Close Management to Comprehensive Finance Platform

Numeric, the AI accounting automation platform, has raised a $51 million Series B round led by IVP, with participation from Menlo Ventures, Founders Fund, Alkeon, 8VC, Socii Capital, Access Industries, Friends & Family Capital, Long Journey Ventures and Fifth Down, as well as Marc Huffman, Former CEO of BlackLine, and Ron Gill, Former CFO of NetSuite.

Friday, November 21, 2025 - 14:22
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/news/fundraising-news/numeric-raises-51m-series-b-expanding-close-management-comprehensive-finance
Financial IT
FICO Partners With Plaid to Launch Next-Generation Cash Flow UltraFICO® Score

Global analytics software leader FICO today announced a strategic partnership with Plaid, a leading financial data network, to deliver the next generation of the cash flow UltraFICO® Score.

Friday, November 21, 2025 - 13:19
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/news/cash-management/fico-partners-plaid-launch-next-generation-cash-flow-ultraficor-score
Financial IT

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