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News: Revolut eyes up French banking licence and is the BNPL Honeymoon over amid tougher regulations?

News: Revolut eyes up French banking licence and is the BNPL Honeymoon over amid tougher regulations?

Episode 965 Published 9 months, 2 weeks ago
Description

About this episode:

Host  Benjamin Ensor, Director of Research & Strategy at 11:FSis joined by a fantastic panel of guests as we dive into some of the biggest stories from the worlds of fintech, banking, and wider financial services this week.

Stories covered on the podcast:

Revolut, Europe’s largest digital bank, has announced plans to invest over €1 billion in France over the next three years, including establishing new headquarters in Paris and securing a French banking licence. Meanwhile, UK regulators are cracking down on the ‘wild west’ of Buy Now, Pay Later schemes with tougher regulations—raising questions about the impact on major players like Klarna. We also speak with JPMorgan Chase about the launch of their FintechForward Programme and the importance of supporting underserved founders and SMEs. Global fintech Airwallex has raised $300 million in a Series F funding round, bringing its total valuation to US$6.2 billion. In India, Paytm, the country’s largest digital payments platform, has introduced a ‘hide payment’ feature to enhance user privacy. Finally, we explore a promising new partnership between UEFA and Visa aimed at transforming their ticketing platforms.

This week's guests:

  • James Dodsworth - Senior Manager, Thistle Initiatives
  • Veronica Glab - Independent Fintech Strategist
  • Lucy Ingham - VP of Content & Editor-In-Chief at FXC Intelligence

Also featuring voice notes from:

  • Jason Tiede - Global Head of Corp. Dev. & Partnerships, J.P. Morgan.
  • Jason Gottlieb - VP and Global Head of Strategic & Financial Partnerships at Airwallex.

Timestamps/stories: 

Intro - (00:00)

Revolut plans to invest €1 Billion in France and Apply for License-(5.29)

UK cracks down on ‘wild west’ of Buy Now Pay Later schemes with tougher regulations- (17.49)

JPMorganChase announces the launch of its Fintech Forward Programme one year after announcing their £40million investment in the UK.-(29.34)

Airwallex raises $300million in Series F funding round -(42.22)

Paytm adds a ‘hide payment’ feature adding a new layer of privacy for users-(54.52)

Visa partners with UEFA to offer Click to Pay on UEFA ticketing platforms - (56.31)

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