This week’s FU (Fintech Uncut)

One of the world’s biggest VC firms announced its opening its first office outside the USA and expanding to the UK.

WHY?? is the question on the team’s minds!

Guest Judge Conny Dorrestijn brought some much needed “RI” (REAL INTELLIGENCE) to the show, adding great insights and provocative points to the conversation which included news from South Africa, India, China and more!

RIK DIDN’T SING – much to Chris’s delight 🙂

https://www.youtube.com/watch?v=MpQSvnJeBus&t=1s

Links to the stuff we spoke about:-

• Why does Andreesssen Horowitz keep on backing failed (and potentially fraudulent) founders?
• The other guy wasn’t making it up – stir fried pebbles are actually a thing and have been for a long time
• What is the real reason behind az16’s latest move?
• Is Marc Andreessen thinking about the pension tax breaks already?
• Revolut in the news once again – are they going to manage to keep going?
• An AI chatbot trial in India is having a real impact on access to financial support without having to bribe the middlemen
• Chris wrote a thing (well, Dave Birch wrote a thing and let Chris copy it) about BankGPT that is worth reading
• We are all looking forward to the impact that Visa’s latest initiative in Africa is going to have
• BNY Mellon’s partnership with MoCaFi aims to serve the underserved
• Fantastic to see success from South Africa – Tyme Bank is a great example of how to grow a Fintech
• Perhaps Andreessen Horowitz will take heed of this warning?
• The future of crypto in the USA is not looking too rosy right now
• GoJobless sounds like it could be a real company in the future – but GoCardless could do better on staff comms we think
• The fact that articles on “the best way to sack people” are written is a bit sad
• $100 million worth of crypto stolen from Horizon Bridge wasn’t the right answer (or the right kind of bridge) and there really was an interesting story about a basement find
• But Rik was talking about the game of bridge and what a neighbor to casually play bridge with!!
• It’s all going to pot for New York Cannabis farmers
• And of course Musk gets a mention for bad behaviour causing Goldman Sachs a spot of bother

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