Fintech: Page 2
The latest fintech news for banking professionals.
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Yotta sues Evolve again
Yotta customers remain “deprived of $80 million of their funds,” and Yotta’s business has “los[t] essentially all value” due to Evolve’s alleged malfeasance, according to the lawsuit.
By Gabrielle Saulsbery • April 1, 2026 -
Franklin Templeton to acquire crypto investment management firm
The company will buy 250 Digital, led by a Citi alum, for an undisclosed sum – that will be paid partly in Franklin’s BENJI tokens.
By Dan Ennis • April 1, 2026 -
Explore the Trendline➔
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TrendlineArtificial intelligence
Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.
By Banking Dive staff -
Monzo to close US operations, accounts
The U.K.-based fintech will lay off roughly 50 employees and shift its focus toward Europe, where it gained a banking license in December. U.S. users reportedly can access their accounts through June.
By Dan Ennis • April 1, 2026 -
Robinhood CFO gets salary bump, $18M stock package
The boost to Shiv Verma's salary and target bonus opportunity came as the investing and trading platform also announced a $1.5 billion share buyback program.
By Grace Noto • March 26, 2026 -
Minnesota bank bolsters C-suite with Climate First alums
B2 Bank, owned by fintech entrepreneur Brian Barnes, named a new CEO, president and credit chief – all from Florida’s Climate First Bank – as the lender pursues a national digital banking strategy.
By Dan Ennis • March 25, 2026 -
Warren scrutinizes MrBeast’s plans for fintech Step
Beast Industries is “ill prepared” to run a fintech, the senator told its founder and CEO before pelting the two with questions about their intentions.
By Caitlin Mullen • March 24, 2026 -
Sponsored by InvestiFi
Choosing the right financial products starts with behavior, not volume
Financial institutions face constant pressure to expand their product suite. But recent data suggests the answer isn’t more products, it’s better alignment.
By Albert Kang, CRO of InvestiFi • March 23, 2026 -
Crypto.com lays off 12% in AI push
“This new foundation sets us up for continued success,” wrote CEO and co-founder Kris Marszalek, who founded the Singapore-based crypto exchange in 2016.
By Gabrielle Saulsbery • March 19, 2026 -
U.S. Bank’s Elavon nabs BofA exec for CEO
The payments processor poached Wally Mlynarski from a bank rival to be its CEO, replacing Jamie Walker.
By Lynne Marek • March 19, 2026 -
Banks leave nonprofit lending market untapped, fintech CEO says
B Generous, a nonprofit loan marketplace fintech, launched to connect nonprofits to lenders. In two years, it’s connected nonprofits to $100 million in loans – and banks to long-term customers.
By Gabrielle Saulsbery • March 18, 2026 -
EWS pairs with Citi to offer Paze
The collaboration marks the first time the fintech has worked with a non-owner bank on the digital wallet.
By Patrick Cooley • March 17, 2026 -
Mastercard to buy BVNK for $1.8B
“Adding on-chain rails to our network will support speed and programmability for virtually every type of transaction,” a Mastercard executive said.
By Lynne Marek • March 17, 2026 -
MoCaFi files for bankruptcy
The fintech, aimed at serving the unbanked and underbanked, failed to recover following the loss of a major program that had been “central” to its revenue model, its CEO said.
By Gabrielle Saulsbery • March 16, 2026 -
Fintechs push 36% state rate caps
While there is a 36% interest rate standard for lending in the U.S., it’s not codified for all consumers. Now, the effort to set one has moved to the states.
By Lynne Marek • March 16, 2026 -
Custodia’s Fed options are limited after court denies rehearing
The Wyoming-based crypto bank can petition the Supreme Court. Or it could reapply to the Fed through a channel that didn’t exist when it sued: the “skinny” master account Kraken recently received.
By Dan Ennis • March 16, 2026 -
Robinhood takes on premium card issuers
The fintech’s new $695 credit card aims to lure young, wealthy people uninterested in hoarding points or using a card for airport lounge access.
By Justin Bachman • March 16, 2026 -
Photo by Bia Santana from Pexels.
Nubank hires TikTok alum as marketing chief
The move comes as the Brazilian neobank seeks the OCC’s green light for a national banking charter in the U.S.
By Dan Ennis • March 11, 2026 -
Revolut gets full license approval from UK
The company has waited more than four years for regulators to grant the license, which allows Revolut a platform for loans, mortgages, credit cards, overdraft protection and savings products.
By Dan Ennis • March 11, 2026 -
Retrieved from OCC.
Upstart to apply for national bank charter
“The time is right to launch the first bank built from the ground up on AI,” Paul Gu, the fintech’s incoming CEO, said Tuesday.
By Dan Ennis • March 11, 2026 -
Clarity Act stokes debate on crypto
The bill aims to identify which agencies should regulate digital currencies.
By Patrick Cooley • March 9, 2026 -
Morgan Stanley partner Zerohash applies for OCC trust charter
The application comes amid fierce blowback from an organization that criticized the OCC’s “unfettered discretion” on which firms get charters and for which activities.
By Dan Ennis • March 6, 2026 -
Revolut applies for OCC charter
Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer. Jajodia said in October that a charter would give Revolut “a seat at the table” with regulators.
By Gabrielle Saulsbery • March 5, 2026 -
Kraken receives Fed master account, in a first for crypto
Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which has sued the central bank in pursuit of access.
By Gabrielle Saulsbery • March 4, 2026 -
Q&A
Citi pushes client co-creation in e-commerce
The bank has endeavored to work “hand in glove” with fintechs, rather than build tools thinking it will beat them, an executive said. “We want them to actually use the platform.”
By Caitlin Mullen • March 4, 2026 -
Meta dips a toe back into crypto
The social media giant is exploring the use of stablecoin payments in its app ecosystem, years after its Diem digital currency experiment imploded.
By Justin Bachman • Feb. 27, 2026