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Companies
Will Revolut’s New Behavioral Team Rein in Its Reputation for Aggressive...
Over the last few years, British fintech company Revolut has encountered a series of setbacks that have stymied its plans for continued global expansion. Despite a valuation of $33 billion and a staff of 6,000 and growing, Revolut has still not been able to secure a banking license in its home country...
Leaders
Jack Ma to Step Down From Leadership of Ant Group
In 2020, superstar Chinese company Ant Group (the organization behind the region’s most successful online retail brand, Alibaba) was primed for a record-shattering $34 billion IPO. But after controversial statements by the company’s billionaire founder, Jack Ma, the Chinese government quashed the public launch...
Features
Biden Administration’s Fintech Bump Encounters Considerable Industry Opposition
For an industry that habitually fears federal government involvement as the first step toward stifling regulation, the fintech industry has received some very kind treatment from the Biden administration of late. In 2022, the Small Business Administration (SBA) proposed to amend federal regulations to allow fintech startups...