Short Takes: $60B Waddell Reed sold for 0.50% of AUM; TikTok influencer neobank Step raises $50MM; Monzo gets £60MM and Moov $27MM; SEC office for Digital Assets and Stablecoin Bill

Hi Fintech Architects --

Welcome back to the subscribers-only letter! You are the best.

Here are the top updates hitting our radar:

1. Monzo, the UK challenger bank, picks up additional £60M in funding (link here) and Revolut, Europe’s $5.5 billion digital bank, quietly broke even in November (link here)

2. Teen banking service Step raises $50M, adds TikTok star …