720. News: UBS snaps up Credit Suisse, while Stripe breaks the down round stigma

UBS is buying Credit Suisse in bid to halt banking crisis, FCA warns payment firms over ‘unacceptable risk of harm to customers’, and Stripe now valued at $50B following $6.5B raise – Ross Gallagher and Kate Moody are joined by some great guests to talk about the most interesting stories in financial services over the last 7 days.

Our expert hosts, Ross Gallagher and Kate Moody, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.

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

• UBS is buying Credit Suisse in bid to halt banking crisis - 4:55
• FCA warns payment firms over ‘unacceptable risk of harm to customers’ - 17:40
• Stripe now valued at $50B following $6.5B raise - 33:10
• Final Tech Nation report: What UK tech needs to quadruple in value - 44:00
• Fintech startups race to serve LatAm founders left behind by SVB - 52:20
• DIGISEQ taps Curve to bring passive wearable payments to Europe - 55:30
• JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones - 57:00

This week's guests include:

• Luke Massie, Founder and CEO, VibePay
• Sarah Kocianski , Independent Fintech Consultant

With soundclips from:

• Dr. George Windsor, Data and Research Director, Tech Nation
• Bernardo Brites, CEO & Co-Founder, Trace Finance

This episode is sponsored by Global Processing Services

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as 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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Special Guests: Bernardo Brites, George Windsor, Luke Massie, and Sarah Kocianski.

Links:

• UBS is buying Credit Suisse in bid to halt banking crisis
• FCA warns payment firms over ‘unacceptable risk of harm to customers’
• Stripe now valued at $50B following $6.5B raise
• Final Tech Nation report: What UK tech needs to quadruple in value
• Fintech startups race to serve LatAm founders left behind by SVB
• DIGISEQ taps Curve to bring passive wearable payments to Europe
• JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones