NEWS HIGHLIGHT
PayPal announced that it will soon support Apple’s Tap to Pay on iPhones. Merchants will be able to accept contactless card payments as well as payments via Apple Pay and other digital wallets (Google Pay). Link here
BREAKING NEWS
CloudWalk becomes the first licensed crypto payment institution in Brazil. The license will allow the company to offer credit cards to users and provide payment accounts to businesses. Link here
Finastra announced the availability of Finastra Digital Banking Insights, an app for Fusion Digital Banking that provides financial institutions with actionable insights into account holder behavior. Link here
airasia Super App completes ASEAN expansion spree for 2022 with Indonesia launch focusing on Bali as a key international tourist market. Link here
Cap table startup Carta’s valuation jumped to $8.5 billion earlier this year after employees sold shares to investors, which highlights the business' rapid growth during the pandemic. Link here
INSIGHTS
Latam's MercadoLibre reported a third-quarter net income up 36% from a year earlier, as it nearly doubled its fintech revenues, helping offset a relative slowdown in online shopping. Link here
It is really striking how the German ecosystem has grown strongly in all areas in recent years. Check out this German Web3 Ecosystem Map by w3.fund. Link here
Public.com, is planning to expand outside the US in 2023. The company was reportedly recently looking to buy Amsterdam-based Bux, another stock trading app. Link here