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🏜️ Valley Buys Bluevine for $340M. Nubank Reportedly Wants Monzo. Citi Rents Coinbase's Crypto Plumbing.
Published 2 weeks, 6 days ago
Description
A regional bank just bought a fintech, Nubank is reportedly circling Monzo at up to £10B, and Citi is renting Coinbase's stablecoin rails. We break down the numbers behind all three and why the wall between banks and fintechs keeps getting thinner. No jargon, no hand-holding, plenty of deposit jokes.