Daily brief

October 6, 2026

6 stories curated for this day.

Berlin-based embedded lending fintech Finmid, founded by former N26 executives and backed by N26 co-founder Max Tayenthal, raised a €17M Series A extension led by Big Pi Ventures and Mainset with Earlybird following on, bringing total funding to €52M. Finmid also sealed a multi-year deal with Estonian ride-hailing firm Bolt to provide vehicle financing. Sources: tech (opens in a new tab)
Zepz, the cross-border payments group behind the SendWave and WorldRemit brands, has published a five-year behavioural study of more than 5.5 million unique senders covering May 2021 to May 2026, finding that adults aged 25–34 are now the largest cohort at 30% of senders, with the 35–44 group at 27%, together accounting for more than half of all senders. The 25–34 cohort more than doubled in number over the five-year period, a growth rate Zepz describes as faster than any prior cohort. Sources: thefintechtimes (opens in a new tab)
Duncan Batty, who joined Revolut from M&G Investments in January 2025 to build its commercial real estate lending business, has left the fintech, with the departure shown in Companies House filings and confirmed by a spokesperson, and no reason or successor announced. Sources: thenextweb (opens in a new tab)
Crypto exchange OKX has secured a strategic investment from Circle, QRT, Ripple and Standard Chartered's SC Ventures, with the round valuing OKX at $25 billion. Sources: finextra (opens in a new tab)
Revolut is considering the Philippines as the next market in its global expansion plans and is eyeing a banking licence there, though no application has been filed. Sources: finextra (opens in a new tab)
A Finextra community blog post compares the differing AI banking assistant strategies of bunq, Starling and Revolut. Sources: finextra (opens in a new tab)