Long Take: The Fintech tipping point is here -- Visa's $2B Tink acquisition, Dave neobank $4B SPAC, and Revolut's 15MM users in context
Hi Fintech futurists --
This week, we cover the following:
Thesis: The fintech industry is coming up on the tipping point of funding, revenue generation, and user acquisition to rival traditional finance with $20 billion in YTD fintech financing, the several SPACs, and Visa’s $2B Tink purchased. Defensive barriers have eroded.
Companies: Dave, Revolut, Starling, Tink, Visa, Mastercard, Envestnet, Acorns, Stash, Cash App
Topics: venture capital funding, digital transformation, embedded finance, open banking, PSD2, venture capital, incumbent bank tech budgets
Fun ideas: Who will be the Baby Shark of Finance? Why doesn’t Craiglist have a bank yet? Who should Visa buy next?
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