Published a newsletter
Published a newsletter
Hi, Fintech Fans 👋
Fintech Wrap Up is here with another edition.
Both Stripe and Plaid offering more and more services beyond their core services.
Stripe launched App Marketplace, which is a new offering where Stripe will both provide access to third-party apps, as well as scripts created by app publishers, users and Stripe itself, that incorporate those apps with Stripe. It potentially represents its biggest leap yet away from payments.
In conjunction with its “Plaid Forum” event, the startup today unveiled a number of “product enhancements and new initiatives,” which include moving into identity and income verification, fraud prevention and providing new tools for account funding and disbursements. Its first major expansion since its 2013 inception.
The move comes two weeks after payments giant Stripe announced it was encroaching on Plaid’s territory with a new product of its own. The news positions Plaid even further into direct competition with Stripe as the two fintech giants are increasingly offering more and more of the same services.
Crypto insider trading exists.
In a sense this is novel and interesting because crypto tokens are (at least sometimes) not securities, everything happens vaguely offshore, and the law of insider trading in this area is underdeveloped and arguably unclear. This is just insider trading. Just normal insider trading. Illegal stuff! But normal.
In this edition:
1️⃣ Stripe launches App Marketplace, is it another move towards building a business super app?
2️⃣ Web3 app download on the rise
3️⃣ Stripe and now Plaid is expanding beyond their core product
4️⃣ Crypto insider trading
5️⃣ Cross-border Payments: Problems and Expectations
6️⃣ Digital lending is the most profitable fintech model
7️⃣ LUNA reboot plummets over 70% just hours after debut
8️⃣ Big techs in finance: why they deserve attention
9️⃣ A framework for navigating down markets: Scenario Plans
#fintech #payments #cryptocurrency #superapps #web
