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Welcome to another episode of our Daily Fintech Podcast.
THE NEWS HIGHLIGHT OF THE DAY IS
Revolut is looking to hire an Investor Relations team, a move that could mark the starting gun on its long-awaited stock market listing. The job advert, published on Revolult's careers page, is for a head of Investor Relations with public company experience, who will be responsible for building a team and hiring up to two Investor Relations analysts.
ALSO:
The Australian Payments Network (AusPayNet) has issued new guidelines around the use of Quick Response (QR) codes as a payment method.
FURTHERMORE,
Renowned billionaire investor Tim Draper insists that a time will come when women begin driving up the price of Bitcoin as more retailers start offering it as a more cost-effective payment option at shops.
WHAT ABOUT CRYPTO?
Stripe’s faith in Bitcoin appears to have been restored, despite the cryptocurrency’s poor performance over the past month. The payments provider has this week resumed support for the cryptocurrency on its platform, following a four-year lapse.
WHAT ARE THE LATEST INSIGHTS?
The drums of an economic recession are echoing in Latin America as the slowdown is starting to affect the region's startups, which have resorted to a wave of layoffs to refocus their businesses. After accelerating growth in the midst of the pandemic, companies now face a challenging cocktail that mixes a slower economy, higher interest rates, and the highest inflation in decades, and companies such as VTEX, Bitso, Klarna, Olist, and Buenbit have in recent days announced massive cutbacks to cope with this new scenario.