Fintech Focus For October 29, 2021

Quote To Start The Day: “There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”

Source: Sam Walton

One Big Thing In Fintech: Voyager Digital VYGVF, one of the fastest-growing, publicly-traded cryptocurrency platforms in the United States, today announced a $75 million investment from Alameda Research ("Alameda").

Source: Voyager

Other Key Fintech Developments:

• Matt Damon in crypto campaign.
• Flutterwave adds passageways.
• AmEx added to digital checking. AXP
• Clio has unveiled payments tech. 
• Confluence added new solution.
• Visa invested in Deserve fintech. V
• LiquidityBook launches product.
• Mesh intros SaaS for payments.
• CoinList added $100M funding.
• BBVA, 500 Global created tech. BBVA
• CAPEX.com introduces QuantX.
• Cion no longer in stealth mode.
• Klarna, Stripe are partnering up. 
• Ondato secured seed fundings.
• Quicknode adds $35M Series A.
• Circle looks to more compliance.
• MOEX added stocks, fast data.
• Companies competing on BNPL.
• Washington National, FIS team.
• SkyBridge offers Kraken equity.
• Anchorage surpasses $2B value.
• Umbrella launches on Polygon.
• Wells Fargo hones digital offer. WFC

Watch Out For This: An exchange-traded fund (ETF) that shorts the price of Bitcoin futures contracts might soon be available on Wall Street.

Source: Decrypt

Interesting Reads:

• Stripe targeting carbon removal.
• TikTok tests tipping functionality.
• India fortifies borders with China.
• AI spyware taking over schools.
• Facebook changes name, ticker.

Market Moving Headline: Amazon Inc AMZN shares dropped more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period.

Source: CNBC