Revolut’s Hungarian challenge

[GlobalData Banking & Payments]

Bunq, Mercer and Nuvei

Share with friend    View in browser DECODED Banking & Payments January 08, 2026 SPOTLIGHT READ Revolut’s Hungarian license highlights trade-offs of becoming a real bank Revolut is faced with fresh challenges as it begins to operate as a bank in Hungary, explains Blandina Szalay. LATEST NEWS IN YOUR INDUSTRY Apella acquires PBMares Wealth Management PBMares Wealth Management is an independent registered investment advisory firm, with a focus on “personalised” financial advice.    EP Wealth adds Capital Insight Partners to network Established in 2008, CIP provides wealth management services for both private clients and employer-sponsored retirement plans.     Mercer expands in US with purchase of two wealth management firms The two wealth managers are Poterack Capital Advisory (PCA) and Long Run Wealth Advisors.     Nuvei, FreedomPay partner to deliver unified enterprise payments platform The integration aims to help merchants manage digital and in person payments through a single platform.   Clover adds biometric payments with Wink alliance Wink’s face and palm recognition, along with its identity and intelligence tools, will be integrated directly into Clover.   Crypto venture tied to Trump family pursues US charter for stablecoin trust bank The proposed institution would be responsible for issuing USD1, a dollar-referenced stablecoin launched by World Liberty last year.   Bunq submits application for US banking licence According to Bunq, prospective users in the US will have the option to open both US and European checking accounts if eligible.  Strengthen your strategies with industry-specific data   Streamline your sector analysis procedures with market-leading intelligence on companies, trends, innovations, and more, all in one platform. Book a demo M&A and VC Activity in Q4 2025 Join our Explorer team for a discussion on M&A / PE-VC activity in Q4-2025, including the largest deals, aggregates, geographic analysis and more! Register Today Expand your subscription to other sectors   Subscribe to our other newsletters here. Was this email forwarded to you? Sign up here. Prefer a podcast? Instant Insights ranks in the top 10% of podcasts globally - follow us on Spotify, Apple, YouTube, and Amazon Music.   What keeps your CEO up at night? Generative AI, ESG, and disruptive technologies.  What is thematic intelligence and why do business executives need it?   Predict the future Find business opportunities based on 150 million+ signals showing what your customers and competitors will do in the next 5 years. GlobalData  At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.  GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom   Unsubscribe  |   Manage Preferences London