Fintech

Brazil’s FinTech giant Nubank just crushed its 2Q 2023 earnings. We have never seen growth like NU’s in any challenger bank. In fact, some would claim – including me – that this ten-year-old company is not only the strongest neobank in the world, but one of the best-run digital banks ever, maintaining solid profitability. Here…

Building on yesterday’s idea of the future world, where our brains are connected 24*7 in real-time to the network, what would that mean for financial services? Well, I’ve blogged about this a few times already: Invisible banking is the place to be Nobody wants embedded finance Specifically, if we think of money as part of…

Apple rules the world. Assailed by Google/Alphabet, Facebook/Meta, Samsung and more, Apple has sustained an incredible trajectory to become a three-trillion-dollar company. Apple is now worth more than the entire FTSE100 list of companies … In terms of competitors, only Microsoft comes close which, some say, is mainly due to OpenAI’s ChatGPT, but Apple’s dominance is…

I’ve been writing about the war on cash for years. It’s a constant theme that comes up at conferences like SIBOS, and the first time I think I heard the phrase was a Visa presentation back in the 2000s. Back in 2012, I wrote about a Pew report that surveyed a range of experts about mobile…

Always a controversial figure, Anne Boden has hit the headlines again after stepping down as CEO of Starling Bank. Her announcement of remaining on the Board but no longer being the leader of the bank was originally made in May: Boden, who owns 4.9 per cent of the bank she founded in 2014, said she…

Nice update this week regarding the Top 10 of everything FinTech from FinTech magazine. First, they listed the Top 10 UK FinTechs by value: Clearbank is a Centaur, valued at $590 million Atom is also a Centaur, with a valuation of $596 million PPRO moves us into the Unicorn world, with a value of $1…

I asked ChatGPT to write an article in my style. Here’s what it came up with: Introduction In the fast-paced world of finance, few have embraced the power of technology and innovation as passionately as the fintech industry. Over the past decade, fintech has revolutionized the way we think about banking, disrupting traditional financial institutions…

2023 is proving to be a punishing year for banks, finance, technology and fintech. Firms have seen massive downgrades of their market cap, and we have seen the demise of major companies ranging from Silicon Valley Bank, First Republic and Credit Suisse. Some say that this is a crisis. However, it seems more like a…

I hesitate to write this, as it is controversial. But then I am not afraid to confront controversy. After the tragic implosion of Titan, the OceanGate submersible submarine that was doing the deep dive to the Titanic … … emails came to light where the founder of OceanGate, Stockton Rush, flagrantly disregarded warnings that the…

I recently hosted a meeting of C-suite bankers to talk about Artificial Intelligence (AI) in banking. It was a great discussion and my summary would be: it’s scary and exciting. As I blogged about the other day, AI may be our future or our doom. Which way do we look? The meeting had a theme…