Revolut Hits $75B Valuation in Landmark Milestone
Revolut has achieved a staggering $75 billion valuation, marking one of the largest valuations ever for a privately held fintech. The jump underscores strong revenue performance, expansion into new markets, and increased traction in banking, payments, and wealth products. This valuation puts Revolut closer to big-bank territory and signals investor confidence at a time when many fintechs are struggling. It also reinforces Revolutโs ambition to become a full global financial super-app. For the fintech industry, the deal signals a renewed appetite for mega-valuations and late-stage capital. The milestone may prompt renewed competition among digital banks globally.
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Insight of the Day
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐จ๐ฐ ๐๐ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ ๐ข๐ง ๐๐๐ง๐ค๐ข๐ง๐ ๐๐ฒ ๐๐๐
Financial crime operations cost banks up to 5% of total expenses.Despite billions invested in KYC, screening, and transaction monitoring โ half of client refreshes at leading banks still rely on manual work.
After a decade of compliance-driven expansion, the shift is clear: banks are now redesigning KYC to balance risk coverage, efficiency, and sustainability.
๐๐ ๐ฆ๐จ๐๐๐ฅ โ ๐๐ฌ ๐ ๐ฅ๐๐ฒ๐๐ซ๐๐ ๐ญ๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ซ๐๐ ๐ฐ๐๐ฏ๐๐ฌ:
1๏ธโฃ Predictive AI โ analyzes patterns and behaviors to generate risk insights faster.
2๏ธโฃ Generative AI โ processes both structured and unstructured data to accelerate due diligence.
3๏ธโฃ Agentic AI โ goes further, enabling autonomous decision-making and orchestration across systems.
Together, they move KYC from isolated automation to end-to-end transformation. But hereโs the catch โ success isnโt about the tools, itโs about execution.
๐๐ข๐ง๐ง๐ข๐ง๐ ๐๐๐ง๐ค๐ฌ ๐๐ซ๐ ๐๐จ๐๐ฎ๐ฌ๐ข๐ง๐ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ง๐๐๐ฆ๐๐ง๐ญ๐๐ฅ๐ฌ:
๐น Reimagine processes around data and intelligence โ not retrofit old workflows.
๐น Prioritize for impact โ balance ambition and complexity.
๐น Build for scale โ modular components, shared data products, common delivery lifecycles.
๐น Embed trust & governance โ ensure explainability and compliance by design.
At its core, AI in KYC is a humanโmachine partnership.
Manual repetition gives way to human judgment amplified by digital agents.
KYC teams evolve into hybrid intelligence models โ leaner, smarter, and focused on exceptions where expertise truly adds value.
๐ AI developers design and train the digital agents.
๐ Analysts and supervisors validate AI outputs, manage exceptions, and ensure compliance.
Over time, both humans and machines learn together โ adapting as new risks and behaviors emerge.
๐๐ก๐๐ญโ๐ฌ ๐ญ๐ก๐ ๐ซ๐๐๐ฅ ๐ฉ๐ซ๐จ๐ฆ๐ข๐ฌ๐ ๐จ๐ ๐๐ ๐ข๐ง ๐๐๐:
Curated News
๐ณ Payments
Pay.com.au Raises AUD $53M for Global Expansion
The Australian payments platform has secured AUD $53 million to accelerate international expansion and strengthen product capabilities. The fresh capital will support scaling infrastructure and capturing more of the corporate payments market.
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KuCoin Pay Adds Crypto Payments via Brazilโs Pix
KuCoin Pay has integrated with Brazilโs Pix network, enabling merchants to accept crypto payments instantly through the countryโs most widely used real-time payment system. The move deepens crypto-to-fiat interoperability in one of Latin Americaโs most active fintech markets.
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Mollie Prepares Merchants for Agentic Commerce
Mollie is rolling out tools to help European merchants adopt agentic commerceโAI-driven automated purchasing. The initiative signals growing demand for next-gen checkout and payment automation.
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Alipay+ to Connect with Bahrainโs National QR Scheme
Alipay+ will integrate with Bahrainโs national QR payment network, improving cross-border payment acceptance for Asian digital wallets. The move strengthens Bahrainโs position as a digital payments hub in the Gulf region.
Source
TerraPay Launches Xend Global Interoperability Network
TerraPay has introduced Xend, a global interoperability platform designed to connect billions of wallet users for seamless cross-border payments. The network aims to reduce fragmentation and simplify international transfers.
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VALR Adds Multi-Currency Fiat Options Through OpenPayd
Crypto exchange VALR is enabling multi-currency fiat deposits and withdrawals via OpenPayd, giving users more flexibility when moving funds across markets. This expansion strengthens VALRโs bridge between traditional finance and digital assets.
Source
๐ฆ Banking
DNB Extends Partnership with Tietoevry to Modernize Payments Infrastructure
Norwayโs DNB is deepening its collaboration with Tietoevry Banking to overhaul its payment infrastructure. The upgrade aims to boost speed, resilience, and compliance across domestic and cross-border transactions.
Source
Wio Bank Launches UAEโs First Shared Family Banking Experience
Wio Bank has launched โWio Family,โ a shared banking platform enabling families to collaboratively manage accounts, spending, and savings. The innovation targets modern households seeking transparency and financial control.
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Top US Banks Hit by Cyber Breach at Mortgage Tech Supplier
A major cybersecurity breach at a mortgage technology provider has affected several leading US banks. The incident raises concerns about third-party vulnerabilities in financial supply chains.
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Techcombank Offers Up to $1M in AI Competition Scholarships
Vietnamโs Techcombank is funding up to $1 million in scholarships for an AI innovation competition, supporting the countryโs push toward advanced digital technologies in finance. The initiative aligns with the bankโs broader digital transformation strategy.
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๐ก Fintech
GFT and FICO Form Global Smart-Finance Partnership
GFT and FICO have launched a global partnership focused on intelligent decisioning, risk analytics, and AI-driven finance automation. The collaboration aims to help banks accelerate digital transformation and improve credit decision accuracy.
Source
Tidalwave Raises $22M, Targets 4% of US Mortgage Market
Mortgage startup Tidalwave has raised a $22M Series A round to scale its AI-powered underwriting platform. The company is aiming to capture 4% of the US mortgage market through faster, more transparent loan approvals.
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iwoca Findings: 75% of Brokers Say Policies Hurt SMEs
iwocaโs SME Expert Index shows that three-quarters of finance brokers believe current government policies are negatively impacting small businesses. Many expect upcoming budget measures to further weaken SME confidence.
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AI-Driven Scams Surge as 75% of Shoppers Sense Rising Fraud Risk
A new report finds most consumers believe AI-powered scams are increasingly realistic, raising risks during peak shopping periods like Black Friday. The findings highlight the urgent need for stronger fraud-prevention tools.
Source
๐ช Crypto
JPMorgan Cuts Ties With Strike CEO, Reviving Debanking Debate
JPMorgan has reportedly ended its banking relationship with the CEO of Strike, prompting renewed concerns about crypto-related debanking practices. The case highlights ongoing friction between major banks and crypto-native companies.
Source
Bitwise CIO: Most DATs Likely to Trade at Discounts
Bitwiseโs CIO predicts that most Digital Asset Trusts (DATs) will soon shift from premiums to discounts due to market structure changes and increased competition. This could reshape retail investor behavior in crypto-linked products.
Source
Solana Sell-Off Puts Holders Under Pressure
Solanaโs price has faced intensified selling pressure amid broader market volatility. Investors are watching closely as the ecosystemโs liquidity and DeFi activity show signs of stress.
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๐ผ WealthTech
Wealthy Raises $14.5M Led by Bertelsmann
Wealth management platform Wealthy has secured $14.5 million to expand its digital advisory and investment tools. The new funding will support product enhancements and regional growth.
Source
โ๏ธ Regulation
AFME Welcomes FCAโs Streamlined Reporting Rules
The Association for Financial Markets in Europe (AFME) has endorsed new FCA measures to simplify transaction reporting requirements. The updates aim to reduce compliance burden while maintaining market transparency.
Source
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