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Fintech & Banking Industry Newsletter

Fintech & Banking Industry Newsletter

13.03.2026Admin Adminich

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TransUnion Philippines and Mastercard collaborate to expand access to responsible credit

Mastercard, Posted March 10, 2026

Following a successful pilot program, TransUnion Philippines, an information and insights company, and Mastercard (NYSE: MA), a global technology company in the payments industry, are working together to give financial institutions a broader and more timely view of consumers’ financial behavior. By combining TransUnion’s comprehensive credit, identity and alternative data insights with Mastercard’s aggregated transaction intelligence, the collaboration supports stronger decision‑making, more meaningful customer engagement for lenders, and sustainable growth across the Philippines’ lending ecosystem.TransUnion, the Philippines’ first private comprehensive credit reference agency, helps institutions better understand consumers’ likelihood and ability to maintain credit commitments – even those who may not have held a credit product before. Mastercard’s behavioral signals, which are based on aggregated indicators of spending activity, further complement and supplement these insights, enhancing lenders’ understanding of consumers’ financial capacity and risk.


Indonesia’s Kredivo acquires digital bank Timo

VIR, Posted March 13, 2026

Singapore-based digital media platform Tech in Asia reported the deal on March 12, citing sources familiar with the matter. Final paperwork has been signed, according to the report, but the transaction has yet to be officially disclosed, and its value remains unknown.

Following the deal, Kredivo plans to pour $15 million into the Vietnamese market in the next three years. The ‘buy now, pay later’ company aims to capitalise on one of the fastest-growing fintech markets in the region.

Akshay Garg, co-founder and CEO of Kredivo Group, will oversee the overall operations of the merged entity. The Timo brand is expected to be retained, with Kredivo’s Vietnam operations likely to be consolidated under it over time.


Mambu selected as core banking provider by Nyla, Africa’s first Islamic neobank

Mambu, Posted March 12, 2026

Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa.

The partnership marks a significant milestone for Mambu’s Islamic banking offering on the African continent, bringing scalable, cloud-native infrastructure to an underserved market.



Europe



Revolut gets full UK banking licence after years-long wait

Reuters, Posted March 11, 2026

Revolut, Europe’s most valuable start-up, said on Wednesday it had received regulatory approval ‌to launch a British bank, allowing it to compete head-to-head with high street lenders in areas such as current accounts and consumer lending.

The London-based financial services firm, which has amassed 13 million customers in Britain but no physical branches since it was founded just over a decade ago, was granted a banking licence with restrictions in July 2024 after a three-year wait.


BitGo Europe GmbH Expands Crypto-as-a-Service Across the EEA, Licensed Under MiCAR

BitGo, Posted March 3, 2026

Previously available in the U.S. through BitGo Bank & Trust, N.A., CaaS services are now expanding into the European Economic Area (EEA) to support European businesses under BitGo Europe GmbH (“BitGo”). This enables businesses across Europe to leverage BitGo’s regulatory licensing framework and modular APIs to bring compliant crypto products to market quickly.


Blackcat CTO on the future of European fintech: multi-rail finance and operational maturity

Sifted, Posted March 11, 2026

Major investments in European fintech continued at pace in 2025.

The €13bn raised last year across 662 dealcounts came close to matching the €14bn raised in 2024, according to Sifted data. But what’s next for the sector?

After a decade dominated by card-led neobanks, fintech is slowly entering a new phase: moving towards multi-rail stacks where fiat accounts, regulated crypto services and card rails — the underlying infrastructure moving money between banks, businesses and individuals — operate within a single system.

Fintech experts told Sifted what they expected to become a reality in their 2026 predictions for the sector, including a rollout of AI agents and a renewed emphasis on infrastructure. More and more businesses want finance tools that save time and money, and are moving away from using multiple different apps to do one job.



USA



United States: Buy Now, Regulate Later No More

Bakermckenzie, Posted March 5, 2026

New York’s Department of Financial Services has proposed rules that would fundamentally reshape the regulatory treatment of Buy Now, Pay Later products in the state. By extending consumer credit licensing and supervisory requirements to BNPL – including interest free, pay in four structures – the proposal moves BNPL into a fully supervised framework. The rules would impose new obligations across the BNPL lifecycle, from product design and underwriting through disclosures, servicing, data use, and ongoing compliance, with meaningful implications for New York market participation.


RedotPay secures new licences in Argentina, Canada, and USA to boost expansion

Fintech Futures, Posted March 13, 2026

Stablecoin payments fintech RedotPay says it has picked up three new international licenses and registrations in Argentina, Canada and the US as part of a “multi-jurisdictional regulatory approach”.

In Argentina, RedotPay has been granted a Virtual Asset Service Provider (VASP) licence by the Comisión Nacional de Valores (CNV). The regulatory approval will be used to provide crypto custody, transfer, and on/off ramp services, with partnerships with local payment providers planned to “enable seamless fiat pay-ins and payouts”.



LatAm



Latin America Business News English: The 2026 Strategic Investment Report

Rio Times Online, Posted March 12, 2026


CEO Of Brazil’s Nubank On Pending US Market Entry, Trump, AI: Interview

Barrons, Posted March 10, 2026

Nubank CEO David Velez, whose massive Brazil-based digital bank is on the verge of entering the prized US market, hailed a “positive” regulatory climate under President Donald Trump in an interview with AFP.

Promising to free users from banking bureaucracy, the company — which has 131 million clients in Brazil, Mexico and Colombia — has become one of the most valuable firms in the region.

In 2025 it posted record revenues of $16.3 billion, a 45 percent increase from the previous year.


Banco do Brasil enables Pix payment in Argentina

Electronic Payments International, Posted March 9, 2026

Banco do Brasil has introduced a new feature to enable Brazilians in Argentina pay for their purchases using Pix, Brazil’s instant payments system.

The service is available to all Pix users, including those who do not bank with Banco do Brasil, Reuters reported quoting the bank.

It was developed in partnership with Argentine lender Banco Patagonia, which is majority-owned by the Brazilian bank.

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