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Fintech Drama: PicPay’s IPO, PayPal’s Woes & Citi Goes Crypto
Published 1 year ago
Description
In this episode, we break down three hot stories shaping the fintech landscape. First, we spotlight PicPay’s bold plan to raise $500M and follow in Nubank’s footsteps with a U.S. IPO. Next, we discuss PayPal’s struggle to reinvent itself amid a sagging stock and intense competition from Block, Apple, and Stripe. Finally, we explore Citigroup’s decision to wade into crypto with a planned custody service, signaling a shift in how traditional banks engage with digital assets.