Highlights and links
Klarna posts its biggest loss to date, Western Union announces a twist to BNPL and Visa eyes FIS. Meanwhile, Quizmaster Rik continues his singing streak and adds in a theme to the questions.
What in the fluffy bunny was going on in Fintech this week?
Links to stuff we spoke about:-
- The story about Visa eyeing up FIS for acquisition was so fresh the quizmaster didn’t get a chance to formulate a question!
- Alice Beer tells you how to hustle your way to a better bank balance (including getting paid to watch Netflix)
- And take a look here if you want to know how encouraging your employees to have a side hustle makes them more entrepreneurial
- Klarna posts its biggest losses to date but hope to make up for some by charging fees
- Ron Shevlin explains why Klarna is NOT a BNPL platform
- Railsr is going off the rails and this is only part of the story
- Stripe is facing a few problems too – downrounds anyone?
- Western Union decides to enable people who have no money to be sent money by people that have no money – what could possibly go wrong?
- Elon Musk announces his MasterPlan 3 – sustainable energy for all the earth! To be fair, if anyone could pull it off, it would most likely be him (so long as he doesn’t go broke first)
- Cannabis sellers are seeking help from Fintech to solve their cash problem
- Revolut’s auditors are a bit wary of their very late figures, meanwhile Revolut is still trying to get a UK banking license
- Australia’s central bank takes further steps into their CBDC investigation of use cases
- And with some customers being more than 1,000km away from a bank branch it might be a good alternative to cash
- Chris wrote 2 great articles about that ridiculous Gartner headline
- Could the UK really avoid a recession??
- And if you don’t know about “The Banking Scene” community yet then please take a look at the website and why not join Rik and Andrew LIVE every Thursday for a one hour session held under Chatham House Rules with special guests each week
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The team all scour multiple sources each week looking for the biggest and most controversial stories, along with those that simply make you go WTF?????
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Dinner with Skinner
Chris Skinner aka "The Wise Guy" needs no introduction to anyone in financial services pretty much anywhere in the world. Let's face it, the guy is a living legend - with 17 bestselling books to his name and connections to some of the most influential people in Financial Services, who wouldn't dive at the opportunity to have a candid conversation moderated by him around the dinner table?
Framed as a "research meeting" and using The Finanser as an independent firm to ensure there are no improprieties, this is an opportunity for you to extend an invitation to up to 10 c-suite execs to an exclusive event held at a Michelin star style restaurant anywhere in the world - hit the button below to request more info!
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