Molten Ventures news and trends

Report: Revolut US Payments Flaw Leads to $20 Million Theft
Security & Fraud // July 09, 2023

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over several months in 2022 before the British FinTech was able to fix the issue.   According to FT, sources with knowledge...

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FintechOS Raises $60 Million to Expand Financial Product Management Platform

May 31, 2024
FintechOS has raised $60 million in a Series B+ investment round to accelerate the global expansion of its financial product management platform. The company’s platform is designed to help banks, insurers and other financial institutions modernize their core infrastructure, FintechOS said in a Thursday (May 30) press release. “We are revolutionizing the financial services industry […]

Report: Revolut US Payments Flaw Leads to $20 Million Theft

July 09, 2023
A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over several months in 2022 before...