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- 🪙 Trump signs executive order!
🪙 Trump signs executive order!
And... 💸 €20M funding secured.
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
💸 Tapline secures €20M Pre-Series A funding
🛒 Pomelo Group acquires Arrow Checkout
🚀 Vertice raises $50M for procurement optimization
🪙 Trump signs executive order on crypto stockpile
📱 HSBC shuts down Zing app
Donald Trump, the former U.S. President, has signed an executive order focused on creating a federal crypto and digital asset stockpile.
🚨Breaking News: The U.S. government is now officially entering the crypto space with a plan to hoard digital assets under Trump’s directive.
⚡Wire Simplified:
The executive order prioritizes creating a national stockpile of digital assets.
Trump calls crypto “America’s future reserve asset.”
The stockpile includes Bitcoin, Ethereum, and stablecoins.
This move could stir debates on crypto regulation and adoption.
Critics question the timing and potential misuse of taxpayer money for speculative assets.
✔️Straight to the Point:
Trump’s executive order is a bold move into crypto, signaling the U.S. government’s intent to embrace digital assets—but skepticism remains.
🎤 Should governments invest in cryptocurrencies like Bitcoin and Ethereum? |
3 Fintech Buzzes You Can’t Miss…
German Fintech Jackpot! — 💰 Tapline bags €20M Pre-Series A
Singapore’s Big Swipe! — 🛒 Pomelo buys Arrow Checkout
$50M for Procurement Power! — 🚀 Vertice gears up for growth
HSBC has decided to discontinue its digital banking app, Zing, which was launched as a user-friendly platform for millennials and Gen Z.
🚨Breaking News: HSBC pulls the plug on Zing due to limited adoption, citing that the app didn’t meet the expectations of its target users.
⚡Wire Simplified:
HSBC launched Zing to appeal to younger users with a sleek, modern banking experience.
Adoption rates were too low, forcing the bank to shut it down.
Zing users will be migrated to HSBC’s main app.
The closure raises questions about the effectiveness of niche banking apps.
HSBC says it will focus on improving its primary digital services.
✔️Straight to the Point:
HSBC is shelving Zing due to poor traction, signaling challenges in creating niche apps for younger demographics.
🎤 Are niche banking apps like Zing necessary in today’s financial ecosystem? |
Rocketable is building the first 1 person $1B company.
The plan is simple: buy up software companies, fire all the employees and replace them with AI agents.
Literally the most AGI pilled idea I have heard.
i've lost count of the number of startups that have gone from $0 to $10M arr in the last 12 months thanks to AI
Digital Finance Summit 2025
The Digital Finance Summit is dedicated to exploring the future of finance and technology, bringing together experts to discuss the integration of AI, blockchain, digital currencies, and financial inclusion in the finance sector.
Why Attend? Learn about the next big things in digital finance, network with thought leaders, and understand how AI, blockchain, and cryptocurrencies are transforming finance.
Date: May 13–14, 2025 | Location: San Francisco, CA, USA
FinTech Global Summit 2025
This summit gathers FinTech professionals, regulators, and investors from around the world to address global challenges and opportunities in digital banking, investment technology, and financial inclusion.
Why Attend? Engage with industry leaders and regulators, discover emerging global trends in digital finance, and collaborate with innovators to shape the future of financial technology.
Date: September 2025 | Location: Dubai, UAE
Merchant Payments Ecosystem (MPE) 2025
The MPE Summit brings together leaders in payment technologies to explore innovations in mobile payments, contactless solutions, digital wallets, and blockchain applications in the payments sector.
Why Attend? Stay ahead of the curve with insights on the future of payments, connect with the brightest minds in payments technology, and discover cutting-edge solutions to transform the payment experience.
Date: June 5–6, 2025 | Location: Berlin, Germany
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