Welcome to the inaugural episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Fintech Meetup. Fintech Meetup Is Almost Here! Only 30 Days Left To Get Your Ticket! The event will be Virtual, March 22nd to the 24th. Discounted startup rates are available for qualifying companies.
THE NEWS HIGHLIGHT OF THE DAY IS
Twitter was abuzz over a long thread written on Monday by Bolt CEO Ryan Breslow, who claimed that Stripe and Y Combinator are “mob bosses,” using “every power move imaginable” to block competitors from becoming successful.
JUST IN:
Solarisbank AG and Contis have completed their previously disclosed partnership, bringing their combined revenue to €100 million.
ALSO:
Revolut announced that U.S. customers can transfer money to Mexican bank accounts. The service will be offered free of a fee and would be done in up to 30 minutes.
FURTHERMORE,
Mastercard beat quarterly profit expectations on Thursday as domestic spending through its cards rose and cross-border volumes grew following an uptick in international travel.
Also on Thursday, Visa stated in an earnings call that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022.
Finally, during American Express’ Q4 2021 earnings call on Tuesday, CFO Jeffrey Campbell made clear that a crypto-linked card isn’t in the near future.