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💹 Druckenmiller Roars
And... Barclays ends Rise!
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
🚀 Barclays shuts down Rise fintech accelerator.
💹 Druckenmiller says “animal spirits” are back!
🍏 Apple Card drama: Barclays vs. Goldman Sachs.
💸 Carlyle considers selling Calastone.
🔑 PSR unveils its final payment strategy.
Barclays, a banking giant, will wind down its fintech accelerator programme, Rise, by mid-2025, marking the end of an era.
🚨 Breaking News: Barclays to cease its Rise programme operations globally, signaling a pivot from fintech innovation to core banking focus.
⚡ Wire Simplified:
Rise was Barclays’ flagship accelerator for fintech startups.
It operated in key locations like London and New York.
Barclays says it’s reallocating resources to other priorities.
Over 800 startups graduated from the Rise programme.
Closure planned for mid-2025, disappointing the fintech community.
✔️ Straight to the Point:
Barclays' decision reflects shifting priorities in the banking industry, as fintechs may need new platforms to thrive.
🎤 Will Barclays' pivot affect innovation in the fintech space? |
3 Fintech Buzzes You Can’t Miss…
PSR’s Big 3! — 🔑 Unlock the final phase of payments strategy
Carlyle Selling Calastone? — 💸 Dive into this billion-dollar move
Barclays + Apple? — 🍏 Meet your new Apple Card partner
Legendary investor Stanley Druckenmiller credits a Trump-fueled optimism for the recent market rally, with CEOs feeling "giddy."
🚨 Breaking News: Markets are roaring back, with Druckenmiller pointing to Trump-era policies and "animal spirits" igniting investor confidence.
⚡ Wire Simplified:
Stanley Druckenmiller is a billionaire investor with a history of market-shaping calls.
He cites optimism tied to Trump’s business-friendly stance.
CEOs are reportedly excited about growth prospects.
Stock markets are seeing significant gains as a result.
Critics warn the rally could be short-lived amid broader economic concerns.
✔️ Straight to the Point:
Markets thrive on confidence, but this optimism might need substance to sustain the hype as the economic landscape evolves.
🎤 Do you think the market rally will last? |
I have been against a TikTok ban for a long time, because it goes against freedom of speech.
That said, the current situation where TikTok is allowed to operate in America, but 𝕏 is not allowed to operate in China is unbalanced.
Something needs to change.
Canada FinTech Forum 2025
This event is the largest FinTech gathering in Canada, bringing together key players from the finance and technology sectors.
Date: October 2025 | Location: Montreal, Canada
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Hong Kong FinTech Week 2025
One of Asia’s premier FinTech events, featuring speakers, panels, and exhibitors showcasing innovations in finance and technology.
Date: November 2025 | Location: Hong Kong
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Global InsurTech Summit 2025
A niche FinTech event focusing on InsurTech advancements, from AI-driven underwriting to personalized insurance solutions.
Date: February 26–27, 2025 | Location: London, UK
Book your seat here
What do you think about today’s edition? |
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