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Would You Trust Elon Musk's X With Your Finances?

Would You Trust Elon Musk's X With Your Finances?

Hey FinTech Fanatic! Earlier this week I shared that Elon Musk’s X now has a Money Transmitter License in 25 States in the US. According to Christopher Stanley, the Head of Payments at X, the platform's payment capabilities will extend far beyond simple tipping. Users can soon

Binance Founder Sentenced to Four Months In Prison, and Goldman Retreats from Consumer Lending, Barclays to Take Over GM Cards

Binance Founder Sentenced to Four Months In Prison, and Goldman Retreats from Consumer Lending, Barclays to Take Over GM Cards

Hey FinTech Fanatic! Goldman Sachs is reportedly negotiating the transfer of its General Motors credit-card program to Barclays. This move signifies a significant development in Goldman's strategy to scale back its consumer lending operations. Barclays appears to be the frontrunner to assume the program, which boasts approximately $2

European Central Bank (ECB) has called for changes to tech firm Apple’s payments system

European Central Bank (ECB) has called for changes to tech firm Apple’s payments system

Hey FinTech Fanatic! Piero Cipollone, a member of the executive board of the European Central Bank (ECB), has urged for alterations to be made to the payment system of tech giant Apple. Cipollone conveyed this message in a letter addressed to Thierry Breton, the European Commissioner for the internal market,

🚨Breaking: Monzo's Funding Round Hits £500M with Hedosophia onboard

🚨Breaking: Monzo's Funding Round Hits £500M with Hedosophia onboard

Hey FinTech Fanatic! Rumblings from the financial hub suggest that Monzo could make the big reveal this week, unveiling Hedosophia alongside Singapore's Government Investment Corporation (GIC) as key backers in a fundraising round nearing the £500 million mark. This unexpected surge in funding positions Monzo among the elite

Mollie Returns to Profit, Stripe's Major Updates, and Adyen's Results

Mollie Returns to Profit, Stripe's Major Updates, and Adyen's Results

Hey FinTech Fanatic! This week, Stripe made waves with its annual "Stripe Session," unveiling a whopping 50 updates to its stack. Perhaps the most significant revelation was its decision to decouple payments—the cornerstone of its services—from the rest of its financial offerings. On the home front,

The CFO series: Navigating Challenges of Digital Commerce.

As the digital commerce sector continues to grow and expand in many platforms, Chief Financial Officers (CFOs) are finding their roles increasingly intertwined with technological innovation and financial complexity. Here is the first of three articles highlighting the FinTechs providing solutions for e-commerce companies, from well-established scale-ups to new startups

Nubank allows withdrawals for Bitcoin, Ethereum and Solana

Nubank allows withdrawals for Bitcoin, Ethereum and Solana

Hey FinTech Fanatic! Nubank has informed its customers of a new capability within its app: the ability to withdraw their cryptocurrency assets. The digital bank has recently integrated support for deposits and withdrawals of three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Additionally, Nubank intends to broaden this