Fintech & Banking Industry Newsletter

24.04.2026

Аsia

Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos

TechСrunch, Posted April 23, 2026

The Philippines has millions of unbanked adults, and its consumer lending market is starting to catch up. Salmon, a Manila-based consumer finance app, just raised $60 million in equity and $40 million in debt to bring digital banking to Filipinos.

Salmon was founded by Pavel Fedorov, George Chesakov, and Raffy Montemayor, all of whom previously worked at Russian digital bank Tinkoff. Montemayor was, in fact, Tinkoff’s first employee in the Philippines, and led the company’s expansion in the country since 2016. In March 2022, the three parted ways with Tinkoff, and launched Salmon.

ClearBank enters Singapore via Tazapay partnership

Fintech Futures, Posted April 22, 2026

UK-based clearing and embedded banking firm ClearBank has signed Tazapay as its first client in Singapore as the company continues growing its market presence across payment institutions in the Asia Pacific region.

Tazapay is a cross-border payments infrastructure provider that connects businesses to local payment networks in over 170 markets. Its platform automates the collection, conversion, and settlement of funds for companies managing international B2B transactions.

Damisa, dLocal partner to expand APAC stablecoin-based cross-border settlement

Finance Yahoo, Posted April 23, 2026

Damisa has partnered with cross-border payments platform dLocal to broaden cross-border settlement across Asia-Pacific (APAC), with an emphasis on stablecoin-based settlement rails.

The agreement connects Damisa to dLocal’s local payment rails across the region through a single integration.

As a result, Damisa’s merchant base will be able to access local bank transfers in key APAC markets without additional technical work.

Europe

Revolut eyes valuation of up to $200B in eventual IPO

TechCrunch, Posted April 21, 2026

British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on Tuesday, citing anonymous investor sources.

The fintech giant, which secured a full banking license in the United Kingdom in March after years of waiting, was most recently valued at $75 billion, up from $45 billion in 2024, in a secondary share sale that made it one of Europe’s most valuable private tech companies.

UK government reveals plans to modernise payments regulations

Fintech Futures, Posted April 22, 2026

The UK government has appointed a new wholesale digital markets champion to drive the adoption of tokenised digital assets in wholesale financial markets, as part of a broader package of measures aimed at modernising the UK’s payment sector through regulatory integration for stablecoins and enhanced open banking.

The package establishes a single, coherent regulatory framework for traditional and tokenised payments, while also bringing forward legislation to “cut administrative burdens for companies wanting to provide stablecoin payments”, the official statement from HM Treasury reads.

Creditinfo expands Baltic presence with 100% takeover of KIB Latvia

Fintech Futures, Posted April 23, 2026

Creditinfo Group, a London-based credit information and analytics solutions provider, has acquired full ownership of KIB Latvia (AS Kredītinformācijas Birojs), increasing its stake from 51%. The financial details of the buyout have not been disclosed.

Creditinfo first secured a majority stake in KIB Latvia in 2013, and will now use its expanded ownership to bolster its foothold in the wider Baltic region. The remaining 49% share had been split between Citadele, Swedbank, SEB, and Luminor, which have now exited their positions.

USA

Nik Storonsky: Revolut IPO Timeline Teases Growth Strategy

Fintech Magazine, Posted April 21, 2026

CEO Nik Storonsky signals a two-year wait for Revolut’s IPO as the fintech giant pursues a US banking charter and a potential US$100bn valuation.

Revolut is unlikely to transition to public markets for at least another two years, according to CEO Nik Storonsky.

In a significant update to the firm’s strategic roadmap, the fintech leader now expects an official listing to materialise around 2028.

PenFed Credit Union Partners with InvestiFi to Bring Embedded Investing to Members

PR Newswire, Posted April 20, 2026

PenFed Credit Union, one of the nation’s largest credit unions, has partnered with InvestiFi, a leading provider of digital investment solutions for financial institutions. This partnership brings embedded investing capabilities to nearly 2.8 million members directly through PenFed’s mobile and online banking platforms.

Key benefits to PenFed members include:

Robust Resources – self-directed securities investing, a Guided Investing robo-advisory service, and comprehensive financial education resources.
Seamless Experience – funding investments directly from existing checking accounts and viewing balances within digital banking, eliminating the need for external logins or fragmented workflows.

By keeping investing on-platform, PenFed can reduce deposit outflows, increase engagement, and continue to deepen the member relationship as a trusted partner.

LatAm

Addi secures $150M credit line led by J.P. Morgan

latamlist, Posted April 21, 2026

Colombian fintech Addi secured a $150M structured credit facility. J.P. Morgan led the transaction with $130M, while Fasanara Capital contributed $20M.

Addi is a buy now, pay later (BNPL) platform that provides point-of-sale credit with instant approvals through a fully digital process.

With the funds, Addi plans to scale its lending operations and grow its financial services ecosystem.

CloudWalk raises $1.1B through FIDC issuance

latamlist, Posted April 23, 2026

Brazilian fintech CloudWalk raised $1.1B from institutional investors through a new issuance linked to its FIDC. Bradesco BBI led the offering, with Itaú BBA, BTG Pactual, Safra, UBS BB, and BV participating.

CloudWalk operates InfinitePay, a payments and financial services platform for micro and small businesses. The platform allows merchants to accept payments and access credit, mainly through advances on credit card receivables.