Latest FinTech & Blockchain News
Revolut Fined €11m by Italian Authority for Unfair Practices
The Italian competition authority fined Revolut €11 million for unfair commercial practices and violations of consumer protection laws, citing insufficient pre-contractual information and lack of notice on restrictions. Revolut strongly disagrees and plans to appeal in Italian courts. This marks a significant regulatory action against the fintech giant.
Coinbase Receives Conditional National Trust Bank Charter from OCC
The US OCC granted conditional approval for Coinbase's National Trust Company Charter, aiming to standardize its custody business under federal oversight. Coinbase co-CEO Greg Tusar noted this will enable new products in payments and services for institutions and individuals. This advances crypto integration into traditional banking.
Indian Fintech KreditBee Reaches $1.5bn Valuation in $280m Series E
KreditBee raised $280 million in Series E funding co-led by Hornbill Capital and Motilal Oswal, valuing it at $1.5 billion as it prepares for IPO. Investors included Advent International, Premji Invest, and MUFG. This solidifies its unicorn status in online credit solutions.
Global Fintech Venture Funding Hits $12bn in Q1 2026 Across Fewer Deals
Fintech startups raised $12 billion in 751 deals as of April 6, up 5% from $11.4 billion in 1,097 deals last year, indicating larger deal sizes. Late-stage funding rose 8% to $6.9 billion, with funding concentrated in fewer companies.
US Fintechs Lead with $6.3bn Funding in Q1 2026
US-based fintechs captured $6.3 billion of global Q1 funding, a 47% increase from $4.3 billion in 2025 Q1, though down 50% from Q4 2025. The US continues to dominate global fintech investment.
Predictions Marketplace Kalshi Doubles Valuation to $22bn with $1bn Raise
Kalshi raised $1 billion led by Coatue, doubling its valuation to $22 billion just three months after a $1 billion Series E at $11 billion. This was the largest fintech round in Q1 2026.
Bolt Lays Off 30% of Staff in AI Pivot
Bolt Financial cut less than 40 jobs, or 30% of its workforce, as it shifts to an AI-centric model amid competition. CEO Ryan Breslow called the cuts unavoidable for a leaner organization.
This is Bolt's fourth round of layoffs since 2022.
Bitmine Uplists to NYSE and Expands Share Buyback to $4bn
Bitmine Immersion Technologies uplisted to the NYSE, holding 3.98% of Ethereum supply (4.803 million ETH) worth part of its $11.4 billion assets. The board approved a $4 billion share repurchase, among 2026's largest.
Backers include ARK's Cathie Wood and Pantera.
HKMA Awards First Stablecoin Licenses to HSBC and Standard Chartered JV
Hong Kong's HKMA granted stablecoin issuance licenses to HSBC and Anchorpoint (Standard Chartered, HK Telecom, Animoca Brands JV) for HKD assets from mid-2026. This follows new digital asset regulations implemented eight months ago.
Celsion Bank Launches Digital Asset Services in Liechtenstein
Celsion Bank began operations under FMA license and MiCAR, offering custody, trading, staking for digital assets alongside traditional banking across EU/EEA. It targets digital asset firms on a single platform.
Liechtenstein provides a stable framework for this hybrid model.
Fintech Futures Highlights Top Weekly Stories Including Bolt and FundApps
FinTech Futures selected top stories featuring Coinbase, Bolt, FundApps, KreditBee, and Revolut for the week ending April 10. These cover regulatory, funding, and operational developments in global fintech.