Daily Fintech Newsletter | Apr. 22nd
Hi!
In case you missed it, please see below today's most relevant fintech news.
Strive, announced the launch of the world’s first child-friendly physical piggy bank to integrate with the leading crypto wallets such as for e.g. Coinbase, to empower kids to learn and manage their own digital currencies in a fun, safe and responsible way. According to Strive co-founder and CEO Andrew Birt, while many people are already exploring the dynamic world of crypto, we all have a huge role to play in equipping kids with financial literacy skills and encourage responsible investing. Link here.
American couples will soon be able to share an Apple Card, merging their credit lines and building credit together. Link here.
Capitalizing on consumer concern about climate change, fintech startup ekko has set up a waitlist for a new debit card that beds sustainability into every transaction. Link here.
Brex, the company reimagining financial systems so every growing company can realize their full potential, announced its Instant Payouts feature is available for companies using PayPal, Square, and Stripe. Link here.
Following the lead of its parent PayPal, Venmo is set to start letting its 70 million users buy, hold and sell cryptocurrency directly within its app. Link here.
Robinhood is again having to explain why users faced issues trading a popular asset on its platform this week. Link here.
Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought-after unicorn status. Link here.
Fintech in Latin America had a good first quarter in 2021 considering the pandemic with over US$ 1.4 billion in raised capital. Link here.
Deel is now a unicorn! Link here.
Mollie, one of the fastest-growing payment service providers in Europe, has appointed Eli Leenaars, Vice-Chairman of Global Wealth Management at UBS as its new chairman, and Muz Ashraf, Principal at TCV as a new member of its supervisory board. Leenaars will step down from his UBS role on 31 May 2021. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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