Yesterday marked the 40th anniversary of the Apple Mac.
If consumer electronics have changed this much during that time, why haven't payments❓
I wrote a blog exploring the shifting dynamics of the payment infrastructure industry, as we transition from incumbent to innovator🌱
@HarryStebbings@awxjack Fintech infrastructure is a grind to build. But once you are there, you have a real moat. People 4 months ago claiming “Triple, triple, double, double” is dead might need to eat some humble pie
"Heavier than air flying machines are impossible." — Lord Kelvin, 1895.
History is littered with people confidently being wrong. So, naturally, I’ve decided to publish my own 2026 Fintech Outlook.
@SebJohnsonUK@Revolut@NStoronsky@thulme has a good framework for this. You have four types of investor. Smart active, smart passive, dumb passive and dumb active. The first three are fine. If you have the latter on the captable you are in trouble.
@BigJohn043 You can’t use AI or new systems to rebuild 15 years of face to face customer relationships. When the original team finish their earn out, what happens then? Like search funds there will be outliers, but majority will be overly confident post MBA 28 year olds with 0 experience
Talk to anyone in PE who has done rollups and they’ll all tell you the same thing
The majority of services businesses require strong human to human relationships
When most rollups fail they’ve failed because of churn
If the VC rollups aren’t focusing a lot of their AI products on how to improve that customer relationship and are only focused on less headcount for service delivery and AI driven growth they’ll be doomed
Home service companies, MSPs, vacation rental management…history shows us the mistakes that have been written
@sytaylor How can they be ready for volume when the underlying liquidity infra providers (OpenFX, Bridge), mostly use OTC desks and offer rates that are marginally equivalent to traditional fiat rails
I’m Shawn, founder of https://t.co/DLaNyXWuUn, former researcher at Meta and CS PhD at University of Cambridge.
Today we’re launching https://t.co/DLaNyXWuUn: we built the world’s first Large Visual Memory Model - to give AI human-like visual memories.
Why visual memory?
AI to date is chat-based, which has great applications, but humans are not only chat based. Humans have visual-memories, and are visually driven. https://t.co/DLaNyXWuUn enables AI agents, softwares, and even robots to see and remember the world the way humans do.
We just raised an $8m seed round led by @susaventures to build the visual-memory layer for AI.
Why is https://t.co/DLaNyXWuUn so groundbreaking? 👇
I’m Shawn, founder of https://t.co/DLaNyXWuUn, former researcher at Meta and CS PhD at University of Cambridge.
Today we’re launching https://t.co/DLaNyXWuUn: we built the world’s first Large Visual Memory Model - to give AI human-like visual memories.
Why visual memory?
AI to date is chat-based, which has great applications, but humans are not only chat based. Humans have visual-memories, and are visually driven. https://t.co/DLaNyXWuUn enables AI agents, softwares, and even robots to see and remember the world the way humans do.
We just raised an $8m seed round led by @susaventures to build the visual-memory layer for AI.
Why is https://t.co/DLaNyXWuUn so groundbreaking? 👇
We're thrilled to announce @crane_vc's expanded partnership into Asia-Pacific with MassMutual Ventures. This means $450 million of capital across new investments and portfolio will be overseen by Crane, significantly strengthening our global support for early-stage founders in Europe and APAC.
Since 2015, we've backed remarkable companies across post-quantum security, robotics, infrastructure software/tools, and AI systems.
We believe in early conviction and long-term commitment – being "first to believe, last to leave." This partnership reinforces that commitment, now with even greater reach and deeper insights to help founders scale.
A huge thank you to all our founders, LPs, team and supporters.
https://t.co/dom0aw8HQf
I might be missing something, but Circle’s new CPN adds on FX spreads + network fees, basically glorified correspondent banking fees. Not exactly the low-cost ethos of stablecoins for cross-border payments...