Fintech & Crypto Short Takes: HSBC AI Index, UBS voice trading platform, Amazon blockchain, and Celsius $1B deposits
Hi Fintech Architects --
Welcome back to the subscribers-only letter! Here are the top updates hitting our radar:
Varo Money Raises $241 Million As It Moves Closer To Becoming A National Digital Bank (link here)
Revolut launches new ‘super app’ as it hits 12m customers (link here)
Tink Announces Extension of Open Banking Support For PayPal; Scores Strategic Investment (link here)
HSBC launches AI-powered equity index family (link here)
41% of businesses plan to scrap banking provider due to slow support during COVID-19 (link here)
UBS leads $17.5m funding round for voice trading tech supplier Cloud9 (link here)
Celsius Hits $1 Billion in Cryptocurrency Deposits (link here)
Amazon Patented a Blockchain System for Supply Chain Tracking (link here)
Crypto Scams, Frauds, Hacks etc. Stole $1.36 Billion in First 5 Months of 2020: Report (link here)
The End of Auto Insurance as We Know It (link here)
Smartglasses-As-A-Store: How the Next E-Commerce Clicks Will Happen in ‘Bricks’ (link here)
Automation, A…