Marcel van Oost
Major Turnaround: Binance Admits Fault, Zhao Resigns, and a Hefty $4.3B Fine
Good morning FinTech Fanatic!
Let's start with some BREAKING news: Binance founder Changpeng Zhao agrees to step down and plead Guilty. Binance will also admit wrongdoing and agrees to pay $4.3 billion in fines.
The chief executive of Binance, the largest global cryptocurrency exchange, plans to step
Revolut to offer bond trading and Binance founder faces criminal charges in the US
Good morning Fintech Fanatic!
Revolut is expanding its investment portfolio by venturing into Europe's fixed income market. The company plans to offer its European clients a gateway to invest in both European and US government and corporate debt markets, a move set to materialize by early 2024.
Financial
Google is in talks to take a major stake in Monzo
Happy Monday fellow FinTech Fanatic!
Big news from London, where Alphabet, the $1.7trn (£1.4trn) technology behemoth which owns Google, is in talks to take a major stake in Monzo Bank.
Sky News has learnt that Capital G, an investment fund which deploys capital into fast-growing tech companies, is
How Embedded Finance Makes Shopify a FinTech Business
Brazil's Pix Revolution: A Three-Year Journey of Financial Inclusion and Innovation
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