Posts tagged Wise / TransferWise
Understanding the Fintech user growth behind the $10.4 billion eToro SPAC and coming Chime IPO vs. the melting Megabanks
Understanding the Fintech user growth behind the $10.4 billion eToro SPAC and coming Chime IPO vs. the melting Megabanks

This week, we look at:

  • Chime, eToro, and Wise targeting the public markets through IPO and SPACs, and their operating performance

  • The overall growth in fintech mobile apps, their install rates and market penetration (from 2.5 to 3.5 per person), and whether that growth is sustainable

  • The implications for incumbents from this competition, and in particular the impact on money in motion vs. money at rest

  • Broader financial product penetration and an anchoring in how the technology industry was able to get more attention that we had to give

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IPO / SPAC, digital investing, mega banks, neobank, digital transformation, macroeconomics, monetization / commercialLex SokolineToro, Chime, Wise / TransferWise
Libra, Stablecoins, CBDCs and the Need for Digital Money
Libra, Stablecoins, CBDCs and the Need for Digital Money

A digital world needs digital money, and a few influential players are actively working to build it. China's BSN initiative and Facebook's Libra embody the East's public sector led approach to building and owning the internet of value and the West's private sector led (and public sector challenged) attempt at cheaper commerce on the web. While the nature of the approaches may be different, the data and privacy considerations are eerily similar. For all of our past episodes and to sign up to our newsletter, please visit bankingthefuture.com. Thank you very much for joining us today. Please welcome Lex Sokolin.

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stablecoins, central bank / CBDC, paytechLex SokolinLibra / Diem, Facebook, Wise / TransferWise, SWIFT, Ethereum, Blockchain Services Network, China, Ripple, Coinbase