Governance
Top tech news today: 16 April, 2025
Tech News Roundup 1. Bunq accelerates US expansion as profits rise Dutch digital bank Bunq is expanding into the US market after reporting a 65% profit increase to €85.3 million, bolstered by a rise in interest income. Source 2. Banked acquires VibePay backed by Nick Candy Banked has acquired VibePa…
Headline
Tech News Roundup 1. Bunq accelerates US expansion as profits rise Dutch digital bank Bunq is expanding into the US market after reporting a 65% profit increase to €85.3 million, bolstered by a rise in interest income. Source 2. Banked acquires VibePay backed by Nick Candy…
Context
Dutch digital bank Bunq is expanding into the US market after reporting a 65% profit increase to €85.3 million, bolstered by a rise in interest income. Source Banked has acquired VibePay, a peer-to-peer payments fintech, in an all-share deal that gives Nick Candy a 25% stake in the combined entity valued over $100 million. Source
Evidence
Pending intelligence enrichment.
Analysis
UK-based BaaS fintech BKN301 has successfully secured €18.6 million in its Series B funding round to enhance its banking-as-a-service offerings and expand its market reach. Source SAS has raised $55 million in a Series B funding round to enhance its stack of payment solutions, aiming to expand its services and market presence. Source Banked’s acquisition of UK-based VibePay aims to enhance its global pay-by-bank strategy, integrating services for a wider customer base. Source Swedish authorities found no evidence that the Chinese vessel Yi Peng 3 intentionally severed Baltic cables, concluding the incident was likely accidental. Source
Key Points
- 1. Bunq accelerates US expansion as profits rise
- 2. Banked acquires VibePay backed by Nick Candy
- 3. BKN301 raises $20M in Series B funding
- 4. SAS secures $55M for payment solutions
- 5. Banked expands global reach with VibePay
Actions
Pending intelligence enrichment.
