Fintech Across the Pond

Fintech Across the Pond provides insights and analysis on the fintech industry, focusing on developments in the US, UK, and Europe. It covers a range of topics including payments, regulatory changes, funding rounds, financial wellbeing, digital banking, and innovations like blockchain and open banking, catering to a readership of investors, entrepreneurs, and fintech enthusiasts.

Payments and Checkout Solutions Fintech Industry Trends and Predictions Financial Wellbeing and Employee Finances Sustainability in Fintech Innovations in Savings and Banking Open Banking Digital Receipts and User Experience One-Click Checkout Technology Decentralized Finance (DeFi) Housing Finance and Property Valuation Buy Now Pay Later (BNPL) Services Cashless Events and Transactions Regulatory Sandboxes and Fintech Ecosystem Cryptocurrency Transactions Automated Financial Management Voice-Activated Payments Fintech's Role in Social Issues Investment and Funding in Fintech Banking and Payments Initiatives Consumer Behavior in Finance

The hottest Substack posts of Fintech Across the Pond

And their main takeaways

Fintech funding slowdown

0 implied HN points • 03 Aug 20
  1. Fintech funding in Europe and the US has seen a slowdown in financing in H1 2020.
  2. Challenger banks like Monzo are facing financial challenges which may lead to industry consolidation.
  3. Payments sector is witnessing major developments, like Apple acquiring Mobeewave and PayPal partnering with CVS for QR code payments.

Regulating for good.

0 implied HN points • 27 Jul 20
  1. Fintech regulators are making significant moves in both the US and UK.
  2. Financial institutions are adapting to offer competitive rates and services in response to fintech challengers.
  3. Regulators are exploring new ways, like digital sandboxes, to support innovation within the financial sector.

Fintech "existential crisis". Huh?

0 implied HN points • 21 Sep 20
  1. Despite talks of an 'existential crisis' in fintech, recent weeks have seen successful fundraising for companies like Chime and Klarna.
  2. Top European fintechs and VCs have been making waves with their achievements and investments.
  3. McKinsey's statements about an existential crisis in fintech contrast with the success and growth seen in companies like Visa, Mastercard, Square, and PayPal.

Square seeks to ride the TIDAL wave.

0 implied HN points • 08 Mar 21
  1. Square is acquiring a majority stake in Jay-Z's music streaming service TIDAL for $300m.
  2. Square aims to expand user engagement by integrating a music streaming feature into its Cash App.
  3. Square's recent news includes launching Square Financial Services and reporting low customer acquisition cost for Cash App.

Banking needs to come out of the shadows

0 implied HN points • 01 Mar 21
  1. Banking needs to come out of the shadows with increased transparency and access to information.
  2. Consumers are overwhelmed managing multiple financial products, indicating a need for a centralized hub.
  3. Infrastructure and a consumer-first mindset in financial institutions are essential for simplifying money management.
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The $400 unexpected expense myth.

0 implied HN points • 28 Sep 20
  1. Misinterpretation of the $400 unexpected expense myth - 61% of Americans can cover the expense with cash
  2. Tech Nation selected top UK fintechs for its Fintech 3.0 growth program
  3. Multiple fintech funding rounds with significant investments recorded

Startup cockroaches.

0 implied HN points • 31 Aug 20
  1. Startup founders should be resilient like cockroaches - survive at all costs.
  2. Venture capital firms are making efforts to improve diversity in investing teams and startups.
  3. Fintech innovations are transforming banking infrastructure and payments, showing potential for growth in the industry.

Which hill are you climbing?

0 implied HN points • 27 Jun 20
  1. Recent acquisitions in the fintech industry show a shift towards API-based banking solutions for non-banking entities.
  2. There is a trend of non-traditional investors like PE firms and hedge funds participating in later stage VC rounds.
  3. The rise of embedded finance is evident with companies like Amazon and Whatsapp offering financial services beyond their core businesses.

FATP Special Announcement - Joining Forces

0 implied HN points • 16 Jul 21
  1. FATP is rebranding to This Week in Fintech UK & Europe.
  2. This Week in Fintech is a highly recommended newsletter in the fintech industry.
  3. Existing FATP subscribers will automatically receive the new newsletter.

#fintok

0 implied HN points • 22 Mar 21
  1. Increased trend of TikTok videos providing investment advice and tips.
  2. Regulators are concerned about the lack of disclaimers in social media financial advice.
  3. Significant funding and developments in the fintech space across the US and Europe.

SotW 🇺🇸🚀: Altan Insights - A community for alternative asset investors

0 implied HN points • 25 Feb 21
  1. Altan Insights is a platform for investors interested in alternative assets like art and collectibles.
  2. The company's team includes industry experts, and it focuses on providing valuable data and community support to investors.
  3. Altan's business model involves B2C revenue streams through content, with B2B potential in the future through data monetization.

Consumers bounded rationality problem

0 implied HN points • 15 Feb 21
  1. Consumers often make suboptimal decisions due to bounded rationality.
  2. Fintech has the potential to help consumers make better long-term financial decisions.
  3. Behavioral economics plays a crucial role in understanding consumer decision-making.

SotW 🇬🇧🚀: Zilch - BNPL with a twist.

0 implied HN points • 11 Feb 21
  1. Zilch is offering a unique BNPL solution by providing consumers with a virtual Mastercard for flexible shopping.
  2. Zilch targets financially excluded consumers like young people, immigrants, and those struggling to access traditional credit.
  3. Zilch's innovative approach focuses on customer loyalty through high repeat purchase rates and a different user experience.

Liquidity comes to private markets

0 implied HN points • 08 Feb 21
  1. CartaX closed its first trading session, bringing liquidity to private markets.
  2. Secondary markets provide benefits like price discovery and employee liquidity for private companies.
  3. With the rise of secondary markets and abundance of capital, VC firms and retail investors are increasingly getting involved in private shares.

The $8.7bn crossover bid for fintech.

0 implied HN points • 18 Jan 21
  1. Plaid and Visa deal fell apart, seen as positive for Plaid and negative for Visa
  2. Crossover investors like Coatue and Tiger Global leading large later-stage rounds in fintech
  3. Trend of companies staying private longer impacting VCs who need to raise larger rounds to compete

UK fintech's take a 🍃 out of US fintech playbook

0 implied HN points • 21 Dec 20
  1. UK fintechs are emulating strategies from US fintechs.
  2. Payroll and HR platforms are becoming focal points for fintech innovation.
  3. Fintechs like PayCaptain are offering modern payroll solutions with integrated financial services.