The Chief Digital Banking officer and Revolut U.S. CEO, Sid Jajodia, talks about the challenges of creating the world's first global digital bank.
The OCC is concerned about bank-fintech partnerships, Revolut looks to take on PayPal, Binance is making stablecoin moves, Coinbase is suing the U.S. Treasury and more.
Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
This month Revolut has significantly expanded operations catering towards SMEs, freelancers and sole traders.
Revolut continues its crypto expansion, receiving the regulatory nod from Cyprus to create a crypto hub to serve its 17 million EU customers.
Global neobanks have focused on the regional ecosystem as the fintech sector gained decent size and scale in the past few years.