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The FinTech unicorn created by an old bank #SBI #YONO

Someone rightly pointed out that I talk a lot about Ant Group but not enough about other major initiatives like YONO, the mobile wallet of India. India is also a hotbed of innovation, with Google and Amazon fighting out the financial payments space alongside other players like PayTM and SBI, the State Bank of India….

Square grows up and becomes a bank

This week I’m going to continue looking at mobile payments with a quick overview of where Square, Jack Dorsey’s card payments firm, is today. I’m sure you all saw this headline the other day but, just in case, Square is now worth more than Goldman Sachs. Square! Square. Squared. I used to blog about Square…

The Finanser’s Week: 21st September 2020 – 27th September 2020

The main blog discussions this week include …. The rise of the mobile wallet I first started blogging about smart mobile wallets in earnest in 2014. Back then, the mobile network operators were starting to get active and to try and bring the M-PESA and other experiences to the modern world. But no one wanted…

Are you pulling my blockchain?

I need to shut up about Ant Group, as I’ve blogged a lot about them lately. However, with an IPO coming up and news coming out daily almost, it’s hard to ignore some of their activities. One activity that really hit me when it was released in July was the rebranding of all of their…

Digital payments in a post-COVID world

I recently saw the announcement from Santander of a foreign exchange service called PagoFX. It’s a service that goes head-to-head with TransferWise and is an interesting example of fighting back. As a result, I asked Victoria Yasinetskaya, CMO at PagoFX to tell me a bit more about what’s happening and she kindly wrote this piece for…

IPO, IPO, IPO – Ant Group and more

A while ago, I wrote about the IPO and whether you should invest. It’s still coming, but the valuation of the company is now even bigger. 15 percent bigger to be exact. That will make Ant’s IPO the biggest ever in history! Not bad for a month’s work. Interestingly, I was interviewed in the run…

The rise of the mobile wallet

I first started blogging about smart mobile wallets in earnest in 2014. Back then, the mobile network operators were starting to get active and to try and bring the M-PESA and other experiences to the modern world. But no one wanted them. Six years later, mobile wallets are still pretty dire in most of Europe…

Why are banks so easy to dislike?

I’ve realised over the last few weeks that my FinTech Karaoke is generally having a dig at bad bankers. It’s easy to have a go at bad bankers or, as the 99% call them, banksters. It’s because there’s a lot of bad practices historically in banking from ripping off customers with hidden fees (PPI); signing…

The FinTech Karaoke Challenge: Mr. Blue Sky

[A longer version of this blog appears here, explaining why so many songs are anti-bank] During lockdown, Spotify has found that the song Mr Blue Sky by the Electric Light Orchestra (ELO) is the most popular song of the summer. It makes us feel good, even though the song is over forty years old (stop…

The Finanser’s Week: 14th September 2020 – 20th September 2020

The main blog discussions this week include …. True innovation comes from collaboration This week is a bit different on the blog as I’m going to introduce you to one of my other businesses: Nordic Future Innovation. Nordic Future Innovation (originally Nordic Finance Innovation) is a venture I  started almost ten years ago with Iren Tranvag. We…

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