Multinational payment card services corporation Visa has been sued by the US Justice Department for monopolising the debit card market while also charging substantial fees and inhibiting competition
US-based financial technology provider Sunbit has entered into an Embedded Finance partnership with Stripe to bring its solutions to a broader range of in-person service businesses
Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company.