Daily brief
May 28, 2025
6 stories curated for this day.
- Starling Group reported a fourth straight year of profitability and £714 million in revenue, while statutory pre-tax profit fell to £223 million after a £29 million FCA fine and a £28.2 million provision for Bounce Back loans whose government guarantees it voluntarily removed. Sources: starlingbank (opens in a new tab) , finextra (opens in a new tab)
- Remitly's CEO stated that digital platforms are significantly boosting remittance volumes, even amidst current economic uncertainties. Sources: pymnts (opens in a new tab)
- Circle, the issuer of the USDC stablecoin, has filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE). Sources: thepaypers (opens in a new tab) , finextra (opens in a new tab)
- Revolut has launched its Revolut Reader payment terminal in Romania through a partnership with Danubius. Sources: thepaypers (opens in a new tab)
- bunq has integrated the Bizum payment system to strengthen its service offering and position in Spain. Sources: thepaypers (opens in a new tab)
- According to a report by Gemini, nearly one-in-four individuals globally now own cryptocurrency. Sources: finextra (opens in a new tab)