Neobank Revolut aims for a $65 billion valuation just one year after securing a $45 billion deal. The ambitious target highlights its rapid growth and expansion in the competitive fintech landscape.

Klarna has entered the mobile market by partnering with Gigs to offer a phone plan for $40 a month, featuring unlimited 5G data, talk, and text. Users can easily activate the plan through the Klarna app without the hassle of phone calls or paperwork. Additional plans and services in other markets are expected to launch later this year.