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🐯 UP Fintech Eats a $60M Fine. Shopify Authorizes Its Biggest Buyback Yet. Nubank's New CFO Has a Visa Stamp.
Published 4 months, 2 weeks ago
Description
China's securities regulator just handed Tiger Brokers a $60 million fine — but the company still grew revenue 26% and launched a buyback the same day. Meanwhile, Shopify authorized a fresh $3 billion in repurchases, and Nubank raided Visa's executive bench for its next CFO. Today we break down what all three moves say about where fintech power is actually shifting.