Cryptocurrency exchange ByBit reportedly wants to look more like a bank.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The company plans to begin offering banking services, including accounts that allow users to h ...

Core Insights - The article emphasizes the importance of in-depth research and insights for informed investment decisions in the equity analysis sector, particularly in Latin America [1]. Group 1 - The company has over 5 years of experience in equity analysis focused on Latin America [1].

RT Sam (@0xCryptoSam)To summarize the @coinbase announcements, they're fully leaning into the neobank roadmap.- Equity spot trading + perps- Direct deposits- HYSA's + USDC lending rates- A2A payments- AI financial advisor- Borrow against BTC + ETH, planning to expand to more assetsPretty insane updates. Coinbase is easily the most competitive offering among crypto-native neobanks. ...

Today, no end-to-end crypto neobank exists outside traditional rails while offering the full suite of services users expect from their bank.Enter DefiBank, a proposed model that reconstructs banking services using decentralized infrastructure to offer a purely onchain financial life cycle.Sam (@0xCryptoSam):https://t.co/G3posHMi8R ...

gf wants me to setup wallet for her so she can do more crypto stuff(yeah, it is over, I'm aware)what is the most beginner friendly wallet / neobank without KYC on Solana these days? ...

BIG NEWS: @Revolut, Europe's #1 neobank with 65 million+ users and 15 million crypto accounts, now supports Solana payments, transfers, and staking 🔥 https://t.co/XFYCj70SfX ...

⚡️ INSIGHT: Web3 neobanks are changing how money moves, but is your “digital bank” still stuck in TradFi rails?@THORWallet shows what’s next; self-custody, Stablecoins + DeFi plugged into wallet and Swiss-regulated multicurrency account for real-world spending[Cointelegraph Acceleration] ...

Self custodial neobanks are the future of payment infrastructureI’ve been using the @useTria card recently and it works flawlesslyHappy to have been in apart of this 🤞Excited for launch - backed by some of the biggestTria (@useTria):We're thrilled to announce that we've raised $12M in pre-seed and strategic funding to build the leading self-custodial neobank and payments infrastructure for humans and AI.One platform unifying spend, trade, and earn across all chains. https://t.co/Z1L3F0Ym3f ...

Neobank Revolut Boosts Valuation to $75 Billion Ahead of Potential Stablecoin Launch► https://t.co/6AMmh8vUIv https://t.co/6AMmh8vUIv ...

Core Insights - Revolut has raised new funding in a share sale that values the company at $75 billion, making it one of Europe's most valuable private tech companies [1] - The funding round was led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from notable investors such as Nvidia's NVentures and Andreessen Horowitz [1] Financial Performance - In 2024, Revolut's revenue increased by 72% to $4 billion, and the company reported a net profit of $1 billion (£790 million) [5] - The company claims to have reached $1 billion in annualized revenue this year [5] - The launch of the crypto exchange, Revolut X, contributed to a revenue increase of 298%, rising from $158 million in 2023 to $647 million in 2024 [5] Business Expansion - Founded in 2015, Revolut offers a variety of services including multi-currency accounts, payment and transfer services, and crypto products [3] - The company is expanding internationally, with operations in multiple countries including Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. [4] - Revolut has plans to enter over 30 new markets by 2030 and aims to reach 100 million customers by mid-2027 [6] Licensing and Regulatory Status - Revolut is awaiting final approval to operate as a full-fledged bank in the U.K. and holds a banking license in the European Union [4] - The company has recently launched operations in India and is set to begin operations in Colombia in 2026, with additional plans for Mexico, Argentina, and South Africa [4]