The Month in FinTech: April Edition

Allica Bank Hits US$1.2bn Valuation After Latest Fundraiser
Allica Bank has secured US$155m in Series D funding, further establishing it as the primary digital challenger for the UK’s established small and medium business (SMB) sector.
The Series D round includes investment from Ventura Capital, GLG, Sona AM and existing backers.
Why has Revolut Applied for a US Banking Licence?
Revolut has officially submitted its application to the US Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation for a national bank charter.
Santander: Would You Let AI Buy You Chocolate and Books?
Banco Santander and Visa announce the successful purchase of books and chocolate using agentic AI in a banking framework.
Stablecoin Strategy: Mastercard to Acquire BVNK for US$1.8bn
We expect that most financial institutions and fintechs will in time provide digital currency services, be it with stablecoins or tokenized deposits.
A Wise Decision: Bank of Thailand Grants Banking Licence
The World Bank reports that US$9.46bn flowed into Thailand from Thai citizens and residents overseas in 2024.

