FinTechNomad

From designing oil rigs to a cross-border PayTech - I write about my first-principle views and experiences in the FinTech world (sometimes with memes).

[FinTechNomad @FinTechNomad]

There are 8️⃣ FinTech partnerships reported every week on average in 2023!

Here's a "Wrapped" style summary of the partnerships' highlights and what to look forward to in 2024: https://t.co/2Axu2MvvlW

Happy New Year from the #FinTechNomad! 🎆

#FinTech #Payments #Startups #Tech

[FinTechNomad @FinTechNomad]

Although Revolut isn't a 'real' bank yet, they've come a long way from the multicurrency FX spending card back then 💳

Learn more about the differences between EMIs and banks here: https://t.co/aRmTLFvgif

#FinTechNomad #FinTech #Revolut #Bank #Banking #Compliance #Strategy

[FinTechNomad @FinTechNomad]

Are you looking for a starter guide for financial market data? Trust me. Good read. No lies. 😎

Read more here: https://t.co/IPzQpEmVyv

#FinTechNomad #FinTech #Investing #Finance #Trading #StockMarket #Stocks #NASDAQ #NYSE #AlgoTrading #Data #Technology #Innovation

[FinTechNomad @FinTechNomad]

Commission-free trading is good news for retail investors and traders - but not the brokerages… ☠

Brokers are making less $ per trade and are finding new ways to diversify revenue streams, to varying degrees of success.

Read more here: https://t.co/8OKrEsjm9c

#FinTechNomad

[FinTechNomad @FinTechNomad]

Read more on the regulatory scrutiny on trading apps here: https://t.co/Q5dQaD6PUp

#FinTech #Trading #Investing #RetailInvestors #Finance #Money #StockMarket #Crypto #Robinhood #Webull #Trading212 #Freetrade

[FinTechNomad @FinTechNomad]

@TheFCA recently shared their experiment on gamification and trading apps. 🕹

The results are as expected (e.g. push notifications increased trading frequency) and suggest that gamification in finance is working well, a little too well.

#FinTechNomad

[FinTechNomad @FinTechNomad]

Belong is the UK's newest investment platform bringing diversified, leveraged investing to the masses. Belong's fixed-term Boost Loans could be more suitable for such a long-term strategy rather than variable margin loans.

Read more here: https://t.co/PWBAIRV4rS

[FinTechNomad @FinTechNomad]

Many investors shy away from leverage because they've been burned themselves or see it as too risky. If used correctly, however, they can belong in your portfolio. 📈

#FinTechNomad #FinTech #WealthTech #Investing #Leverage #Diversification #PersonalFinance #Money

[FinTechNomad @FinTechNomad]

#BaaS used to be one of the sexiest FinTech verticals, offering aspiring FinTech startups a chance to build their products. However, now that banks have closed the Tech & Product gaps, how can BaaS FinTechs survive going forward? Read more here: https://t.co/Lkk38Dh2Rn

[FinTechNomad @FinTechNomad]

Counterparty risk is playing out in real-time for @synapsefi, @getevolved1925 and affected customers. Is Banking-As-A-Service to blame? 🤔

#FinTechNomad #Banking #BankingAsAService #FinTech #Technology #Payments #CoreBanking #Digital #Synapse #Bankrupcy

[FinTechNomad @FinTechNomad]

Read more on the similarities of both types of firms here: https://t.co/sUsI3uZIFf

#FinTechNomad #Sports #Betting #FX #Forex #Money #Gambling #SportsBetting #Sportsbook #Casino

[FinTechNomad @FinTechNomad]

#DonaldTrump is about 14 percentage points more likely than #JoeBiden to win the election today... according to @smarkets, a betting exchange.

Sports, or general betting are similar operationally and fundamentally to financial firms who deal with #Forex markets.

#FinTechNomad

[FinTechNomad @FinTechNomad]

Will 24/7 Stock Markets be feasible? Not today. Will it be a good idea? Probably not. 🚫

Read more here: https://t.co/596t5bjqX0

#FinTechNomad #FinTech #Trading #Markets #Investing #StockTrading #Finance #Money #NASDAQ #StockExchange #NYSE

[FinTechNomad @FinTechNomad]

24/7 Trading has more "cons" than "pros".

Pros: r/WallStreetBets will be popping! 🚀

Cons: Operational and regulatory challenges, market instability etc.

We are not ready.

Read more here: https://t.co/R22OFu6Ezl

#FinTechNomad #Trading #StockExchange #Stocks #Investing

[Financial Times @FT]

The NYSE is polling market participants on the merits of trading stocks around the clock. Do you think it's a good idea? https://t.co/4S4sZOfaIi

[Financial Times @FT]

The NYSE is polling market participants on the merits of trading stocks around the clock. Do you think it's a good idea? https://t.co/4S4sZOfaIi

[FinTechNomad @FinTechNomad]

How do FinTechs that have nothing to do with investing/wealth start offering such services? 📈

Revolut, Chip, Emma etc. could launch new features quickly with these strategies, read more here: https://t.co/7qbpSEzpQk

#FinTechNomad #Markets #Trading #Stocks #Investing #FinTech

[FinTechNomad @FinTechNomad]

Will Robinhood’s UK launch go well? 🏹

A basic commission-free trading offering without Payment For Order Flow (not allowed in the UK) is neither economical nor a competitive product offering.

Read more here: https://t.co/s60sQhJ6QS

#FinTechNomad $HOOD

[FinTechNomad @FinTechNomad]

This "outstanding move" is arguably highly synergetic with AmEx's current business model, users and merchant network. However, to increase adoption and scale, the fees have got to come down.

Read more here: https://t.co/ovH05sKgvh

[FinTechNomad @FinTechNomad]

Buy Now, Pay Later product launches aren't new anymore - so why did American Express debut its "Plan It" product in the UK? 💳

#FinTechNomad #AmericanExpress #AMEX #CreditCard #BNPL #FinTech #BuyNowPayLater #Credit #Loans #Money #PersonalFinance

[FinTechNomad @FinTechNomad]

Can brokers create a simple, but effective sub-account for the financially-savvy Brits?

Read more on my initial thoughts on implementing the British ISA here: https://t.co/vvc64FhoUs

#FinTechNomad #BritishISA #UKGovernment #Money #Finance #Investing #FinTech #UK #Budget

[FinTechNomad @FinTechNomad]

I am ecstatic that the 6 March 2024 UK Budget finally announced a vape tax, but I am also intrigued by this new, "British ISA". 💰

No matter what the rules are gonna be, this will be a complex product for incumbent brokers.

#FinTechNomad #Money #Finance #Investing