Next Money

Asia Pac’s source of fintech design, innovation & entrepreneurship. 🚀 🌏

[Next Money @nextmoney_]

Would you use a free platform that blended twitter, #LinkedIn, Reuters style #Fintech news, #podcasts and a #conference?

DM us to be part of a test group on a new idea...

[Next Money @nextmoney_]

Bang! Impressive stuff from @RevolutApp

[Marcel van Oost @oost_marcel]

🚨𝗝𝗨𝗦𝗧 𝗜𝗡: Revolut Surpasses $2.2 Billion in Revenue and Achieves Record Profits of $545 Million in 2023.

2023 marks the third consecutive year of profitability for Revolut.

Key Highlights of the Financial Results:

🔹 Record Revenue: $2.2 billion – a 95% increase from 2022

🔹 Record Profit: $545 million pre-tax – with a net profit margin of $428 million, up 19%

🔹 Record Growth: 12 million new customers – reaching a total of 38 million in 2023, now at 45 million

🔹 Deposits Surge: Up 38% to $22 billion

🔹 Continued Expansion: Launched in Brazil and New Zealand – now available in 38 countries

🔹 Product Innovation: Introduced IBANs for Ireland, Netherlands, France, and Spain; rolled out personal loans, credit cards, savings products, and Revolut Ultra, among many other offerings.

[Jim Marous 💯 @JimMarous]

The future of banking must be DIYable according to Derek White, CEO of @GalileoFintech.

Banking Transformed podcast, from the @FinancialBrand Forum.

https://t.co/6yXvokfJ88

#banking #digitaltransformation #futureofbanking #AI #CX

[Next Money @nextmoney_]

Worth a listen!

[BAI @BAI_Info]

Amy Radin, the first chief innovation officer at Citi, joins us on the BAI Banking Strategies podcast to discuss the latest BAI Global Innovation Awards results and financial services innovation more broadly. https://t.co/kOrrkp1D4e https://t.co/kOrrkp1D4e

[Brian Armstrong @brian_armstrong]

We let cameras inside Coinbase, to show the behind the scenes true story of how we grew it from prototype to public company.

I hope it inspires more people to build their own company and try to make a dent in the universe.

https://t.co/a6cYh0UrA2

[Chairman @WSBChairman]

South Park made a video making fun of the former CEO of FTX, Sam Bankman, and it's hilarious 😂

[Alex Johnson @AlexH_Johnson]

LOOK AWAY FINTECH MARKETERS! AVERT YOUR EYES!!!

--------------------------

I ranked the 30 best fintech logos in today's @FintechTakes essay.

Logos are deeply subjective and so are these rankings (so don't @ me if you're mad).

Enjoy!

https://t.co/WaMA1oVgSc

[Mokaya @ekmokaya]

How Visa makes money:

$V

[Next Money @nextmoney_]

🥂

[Morning Brew ☕️ @MorningBrew]

it's the S&P 500, Jerry

[Next Money @nextmoney_]

👏👏👏

[Serdj Fajeya @sergew1]

After my thread about KYC issues with @stripe Atlas yesterday, @patrickc reached out within 15 min, issues fixed, legal entity opened next day. Fact that founder/CEO of a $95bn company does that is amazing. Very loyal customer here now. Go @stripe!

[Next Money @nextmoney_]

Noice

[Shaul David @ShaulDavidUK]

Today marks an important milestone in Railsbank’s journey
Railsbank has become @railsr_ the world's leading embedded finance experiences platform

[Colin Angus @VictimOfMaths]

And also huge credit to @TheEconomist for making their design principles publicly available:
https://t.co/ZfeCjrZAKH

[Stripe @stripe]

Introducing Frontier—a $925M advance market commitment (AMC) to accelerate carbon removal.

https://t.co/DbXBC7AEVb

It’s funded by Stripe, @Google, @Shopify, @Meta, @McKinsey, and the thousands of businesses using Stripe Climate.

More details. ⬇️

[Next Money @nextmoney_]

Too good

[Joma Tech @jomatech]

if Wolf of Wallstreet were about crypto...

[Next Money @nextmoney_]

If you want to help out the now exited @fast employees please browse this table, and get in touch. Am sure a lot of great talent has been rugged hard this week and deserves a new opportunity at your startup.

[Nik @NIKSFANTASY]

@anothercohen all of us can be found here -> https://t.co/KiQxXac4ZF

[Ron Shevlin @rshevlin]

Why is Apple acquiring @creditkudos, an #openbanking fintech? #BNPL and the #AppleCard are good answers but there are more strategic reasons underpinning this acquisition.

https://t.co/0DhqgCMdxr

#Banking #finserv

[Next Money @nextmoney_]

🤦‍♂️

[M. Nolan Gray 🥑 @mnolangray]

In the US, we've solved this problem by...well, we haven't really. The Bureau of Engraving simply mails the blind a little AAA battery-powered "iBill" device that they must used to scan bills. Despite decades of promises, we still don't have an accessible currency. (5/5)

[Next Money @nextmoney_]

.@bankmercury rules

[Ali Moiz @ali_moiz]

Last year as we got started, we had to find a banking partner for Stonks.

@immad had started @BankMercury so decided to give it shot.

Can honestly say it’s the best banking experience I’ve ever had. Wires in minutes, gorgeous UX, search that works 🧵