Vinay

making sense of fintech in SEA 🏝

[Nik @NikMilanovic]

🇸🇬 Packed house for our first Singapore Fintech Happy Hour! Thank you to everyone who came out.

Want to join the next one? Sign up at https://t.co/ycAUOYxms3

Huge shout-out to @os7borne and @palathink_ for organizing 👏

[Nik @NikMilanovic]

🇸🇬 Come join @twifintech, @os7borne, and @palathink_ getting together with the Singapore fintech ecosystem on June 15th!

https://t.co/aCxDpOCsw3

[Vinay @palathink_]

@NikMilanovic @twifintech @os7borne Wait till you try the local food

[The Fintech Fund @thefintechfund]

Congrats to our Venture Partner @palathink_ for being recognized in this year's @Forbes 30u30!

https://t.co/dkvHl8Z2If

[Vinay @palathink_]

@MOFsg Good content. Try doing a tweetstorm in the future for better reach!

[David Sacks @DavidSacks]

It’s painful for me to watch so many smart pundits and politicians on both the right and the left buy into a media narrative that seeks to blame “wealthy speculators” or “tech bros” or VCs for a banking crisis that ultimately started in Washington. Let me explain. 🧵

[Vinay @palathink_]

6/ fun fact - the largest bank failure ever was the receivership of WaMu (Washington Mutual Bank) w $309 billion in assets by federal regulators on September 26, 2008.. they also had overexposure to mortgage backed securities (sounds familiar?)

[Vinay @palathink_]

5/ The depegging resulted in Coinbase and Robinhood pausing redemptions of USDC. SVB's collapse was the second-largest bank failure in US history, shaking the financial world.

[Alex Johnson @AlexH_Johnson]

Every consumer-facing fintech company should have a "How do we make money?" question in the FAQ section of their website.

[Vinay @palathink_]

@IsabelleLimKopi @mynahmag I don’t really understand - what happened to cause this?

[Vinay @palathink_]

@LydiaLamCNA my favourite line here is ‘ digesting this information’ 😂

also guessing you were the said reporter the judge pointed at?

[Vinay @palathink_]

@JadeRasif Damn that’s a lot of tacos

[Vinay @palathink_]

That's it for this month! Hope you enjoyed - feedback is welcome.

Subscribe at https://t.co/qwraegswjp if you'd like to see the first 2023 edition 🪩

[Vinay @palathink_]

HK-based virtual bank ZA Bank has partnered with online money transfer platform @Wise to offer international money transfers, marking the first bank to be transparent with FX rates in Hong Kong.