With Wirecard causing major headaches for European fintech companies Revolut is one company poised to take advantage of the situation...
WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa’s recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed and DAX 30 index component Wirecard “loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering.
With the fintech world gathering in Las Vegas this week for Money20/20 there was quite a lot of fintech news.
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