Nubank is reportedly considering an offer for U.K. digital bank Monzo that could value the company at up to £10 billion, or about $13.2 billion. Monzo is assessing multiple strategic options, including a potential takeover.
5:46 PMPYMNTS5 stories from 2 sources
Fintech firms push beyond standalone apps
Day’s Recap
Supporting Articles
Kraken parent Payward is pursuing a multibillion-dollar strategy to become a broader financial infrastructure provider rather than remain focused on its crypto exchange. Its acquisitions have expanded capabilities in areas including futures and related financial services.
6:57 PMPYMNTS
Revolut has received regulatory approval to acquire Banco Cetelem, a small Argentine lender owned by BNP Paribas.
8:01 PMFinextra5:46 PMPYMNTS
Nubank Weighs $13 Billion Bid for Monzo
Summary
Nubank is reportedly considering an offer for U.K. digital bank Monzo that could value the company at up to £10 billion, or about $13.2 billion. Monzo is assessing multiple strategic options, including a potential takeover.
A deal would give Nubank an immediate foothold in the U.K. and extend its digital
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The potential transaction shows that leading digital banks are becoming acquisition targets and buyers as fintech consolidation accelerates.
6:57 PMPYMNTS
Payward Looks to Build Financial Infrastructure Beyond Kraken Exchange
Summary
Kraken parent Payward is pursuing a multibillion-dollar strategy to become a broader financial infrastructure provider rather than remain focused on its crypto exchange. Its acquisitions have expanded capabilities in areas including futures and related financial services.
Payward is shifting from operating a crypto marketplace to supplying the infrastructure behind institutional trading
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The move signals that major crypto firms see infrastructure and institutional services as more durable growth markets than retail trading alone.
8:01 PMFinextra
Revolut gets green light to buy Argentinian bank
Summary
Revolut has received regulatory approval to acquire Banco Cetelem, a small Argentine lender owned by BNP Paribas.
Approval gives Revolut a licensed local platform for expanding its banking business in Argentina. The
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Revolut can now use an existing banking license and infrastructure to accelerate its push into Latin America.
Other Developments
A curated list of other prominent stories from this day.
The article presents five questions institutional buyers should ask when evaluating multiparty computation wallets, rather than treating the technology as a uniform product category.
2:19 PMFinextraThe article argues that payment orchestration is becoming a distinct budget item, changing the internal ownership and purchasing process for the technology.
6:34 AMFinextra2:19 PMFinextra
Not all MPC wallets are built the same: five questions for institutional buyers
Summary
The article presents five questions institutional buyers should ask when evaluating multiparty computation wallets, rather than treating the technology as a uniform product category.
Institutional buyers need to assess MPC wallets across security design, governance, recovery, operational controls and
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Institutional adoption will depend less on the MPC label than on how each wallet manages control, recovery and operational risk.
6:34 AMFinextra
Payment orchestration is becoming a line item, and that changes who buys it
Summary
The article argues that payment orchestration is becoming a distinct budget item, changing the internal ownership and purchasing process for the technology.
Once orchestration receives its own budget, vendors must sell to payment, finance and technology leaders
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A dedicated budget makes payment orchestration easier to evaluate, but it also raises the standard for measurable commercial returns.
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