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Reverse Flipping in FinTech: A Closer Look at The Latest Moves
TGIF! 😉
At the moment we are witnessing strategic maneuvers in the FinTech industry as major players recalibrate their positions. Following Razorpay's recent shift back to India, another significant player, Groww, is contemplating a similar move through a cross-country merger.
This trend, known as "reverse flipping," involves
Uncovering Drex, Brazil’s Digital Currency
The Central Bank of Brazil has unveiled plans for its upcoming digital currency, Drex, which is set to go live in 2024. This move marks a significant step in Brazil's digital finance revolution, following the success of Pix, the country's instant payment method introduced three years
Irish Retail Banks Drop Ambitious Mobile Payments App Plans Amidst Setbacks
Good morning FinTech Fanatic!
In a surprising turn of events, the three remaining Irish retail banks have decided to pull the plug on their ambitious mobile payments app project, which was initially conceived to compete with industry disruptors like Revolut.
The decision comes after facing setbacks and a prolonged drift
Revolut launched a very surprising new B2B product
Good morning FinTech Fanatic!
Not a day without Revolut news it seems. Revolut made an interesting move and is now offering its in-house built HR software that manages its 7500 employees to external companies.
“The Revolut People” is now available: A system that they developed in-house and used for the
Uncovering the Disturbing Culture Within the FDIC: Allegations of Misconduct and a Culture of Inaction
Good morning!
Let's kick off with a shocking WSJ article mentioning a male Federal Deposit Insurance Corp. supervisor in San Francisco invited employees to a strip club. A supervisor in Denver had sex with his employee, told other employees about it and pressed her to drink whiskey during
