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Welcome to another episode of our Daily Fintech Podcast.
THE NEWS HIGHLIGHT OF THE DAY IS
California-based stock trading app Robinhood has acquired Ziglu, a UK-based electronic money institution and cryptoasset firm, for an undisclosed sum. Link here.
JUST IN:
Sanctioned former billionaire Oleg Tinkov has denounced Putin’s war in Ukraine, calling for an end to “this crazy war”. The founder and former chairman of Russia’s leading neobank, Tinkoff Bank, has been living outside of his home country in recent years.
ALSO:
Santanderis cutting an hour off the opening time of hundreds of its branches, admitting customers only for pre-booked appointments in the late afternoon.
FURTHERMORE,
Societe Generale has launched an accelerator programme for startups working in trade finance cash management, factoring and correspondent banking.
WHAT ABOUT CRYPTO?
Having refused to introduce blanket bans on Russian accounts just last month, mammoth crypto exchange Binance has now been obliged to adjust its stance following new restrictive measures by the EU.
WHAT ARE THE LATEST INSIGHTS?
The Mexican FinTech sector has expanded stratospherically over the past five years. By some measures, there are over 500 neo/challenger banks, wallets, lenders, payment facilitators, InvestTechs, and InsurTechs among many m