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Welcome to your daily FinTech news!
In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.
NEWS HIGHLIGHT
Public.com is in talks to acquire Dutch trading startup Bux. Bux has never stated its valuation but was valued between $320 million and $480 million at its 2021 funding round, according to Dealroom estimates. Should a sale go ahead, the price is expected to be substantially lower. A move for Bux by Public would continue a trend of US fintechs gobbling up their European peers. Link here
FINTECH NEWS
#BreakingNews
Barclays is set to take over Tech Nation’s UK government grant. Investors say they’re concerned after reports emerged that the government had put a key contract with accelerator Tech Nation up for grabs. Barclays is set to take over the £12 million contract. Link here
#Insights
The most valuable and impactful FinTechs. Heading this year’s IDC Fintech Top 100 rankings are three US financial services software companies: FIS, Fiserv, and SS&C Technologies. Link here
Revenues at Stripe's Dublin unit are rising. New accounts filed by Stripe show that the online payments biz enjoyed an $896.9m increase in revenues, rising from $1.358B to $2.255B. Link here