Daily Fintech Newsletter | Apr. 28th
Hi!
In case you missed it, please see below today's most relevant fintech news.
Central banks are at varying stages of developing digital currencies. What Bloomberg economists say: “A few key points explain the accelerating interest (in central bank digital currencies). The Covid-19 crisis has propelled a drop in cash demand as more people shop online. Also, private digital money such as Facebook’s Diem is spurring policymakers to explore options of their own and finally - as large economies such as the U.S. and the euro area look into the issue, others are more likely to follow.” Johanna Jeansson. Link here.
MyMy announced that it has received conditional approval for a large scheme Electronic Money License from Bank Negara Malaysia. Link here.
Switzerland’s first fintech offering borderless multi-currency accounts to digital businesses will be delivered later this year. Link here.
Wirex, a leading digital payments provider, unveiled a range of location-enriched services to show their users where payments take place. Link here.
Australian buy now, pay later firm Afterpay is contemplating a US listing following strong growth in North American markets. Link here.
Nequi is the first neobank in Colombia. It was born in the innovation laboratory of Bancolombia, one of the most solid financial entities in the country. 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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