475. News: Ant’s record-breaking IPO - they’re 1% done!

1h12 listen

Ross Gallagher and Simon Taylor are joined by some great guests to talk about some of the most interesting stories of the last 7 days, including: Ant Group and the biggest IPO of all time, cryptocurrency initiatives amongst industry giants PayPal and JP Morgan, and raccoons break into California bank.

Our expert hosts, Ross Gallagher and Simon Taylor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

  • Clare Gambardella - Chief Customer Officer at Zopa
  • Chris Skinner, author, speaker - CEO at the Finanser and fintech guru

We cover the following stories from the fintech and financial services space:

  • Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time (02:43)
  • PayPal allows cryptocurrency on their platform, and JPMorgan creates new unit for blockchain projects (16:14)
  • Afterpay teams up with Westpac to offer savings account for Australians (28:02)
  • Zopa’s long-awaited credit card is here (38:14)
  • UBS to invest $200 million in fintech startups (49:00)
  • Hand over the trash: raccoons break into California bank (01:05:37)

This podcast is brought to you by Jack Henry Digital the pioneer and creator of personal digital banking that helps community financial institutions strategically differentiate their digital offerings from those of MegaBanks, BigTechs and FinTechs.
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This podcast is also brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vision, artificial intelligence and machine learning. Mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists businesses operating in highly regulated markets to reduce financial risk and meet regulatory requirements while increasing revenue from digital channels. Financial services, marketplaces and other organizations around the world use Mitek to reduce friction creating the digital experiences their customers expect. Mobile Deposit® and Mobile Verify® are used by millions of consumers for check deposit, new account opening and more. The company is based in San Diego with offices in New York, London, Amsterdam, Barcelona, Paris and St Petersburg. Learn more at www.miteksystems.com.

Banking as a Service is deconstructing the banking stack.
It's enabling brands to embed finance more easily, and to tailor financial products to specific customer needs.
This is presenting new opportunities for specialised providers and offers banks extra revenue streams.
Download our report for a comprehensive, no BS view of what Banking as a Service is and what it means for the industry.

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Chris Skinner and Clare Gambardella.

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We believe digital financial services are 1% finished. We’re building the next 99%.

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11:FS builds next-generation propositions for challengers in the financial services industry: existing firms looking to innovate, start-ups looking to scale, and everyone in between.