Podcast Conversation: Who wins and loses in the Plaid/Visa divorce, and the $10 Billion in new Fintech SPACs (Spakkt and Spofi), with Will Beeson
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Hi Fintech Futurists, Welcome back to our podcast series! In this conversation, Will Beeson and I break down a few important pieces of recent news β the SPACs for SoFi and Bakkt, and Plaid/Visa falling apart. SoFi is going public with a SPAC deal worth over $8 billion. A few things we touch on in detail: (1) this is still largely a lender, (2) there is a gem of an embedded finance play called Galileo that SoFi owns, and (3) the multiple is a little over 10x T12 revenues, which is not crazy expensive, but not cheap.
Podcast Conversation: Who wins and loses in the Plaid/Visa divorce, and the $10 Billion in new Fintech SPACs (Spakkt and Spofi), with Will Beeson
Podcast Conversation: Who wins and loses inβ¦
Podcast Conversation: Who wins and loses in the Plaid/Visa divorce, and the $10 Billion in new Fintech SPACs (Spakkt and Spofi), with Will Beeson
Hi Fintech Futurists, Welcome back to our podcast series! In this conversation, Will Beeson and I break down a few important pieces of recent news β the SPACs for SoFi and Bakkt, and Plaid/Visa falling apart. SoFi is going public with a SPAC deal worth over $8 billion. A few things we touch on in detail: (1) this is still largely a lender, (2) there is a gem of an embedded finance play called Galileo that SoFi owns, and (3) the multiple is a little over 10x T12 revenues, which is not crazy expensive, but not cheap.