Google is moving into Blockchain & Crypto? 🤔; What a16z’s two new crypto funds signal about the industry in 2022 💸; BNPL for B2B intensifies 📈

Good Morning FinTech, January 24

Good day Everyone,

And happy Monday! I hope you managed to relax a bit over the weekend. To make the most of your new week, here’s a mix of 3 great FinTech stories for today:

Google is moving into Blockchain & Crypto? 🤔

The scoop 👀 Google is reportedly unveiling a new division focused on blockchain and related technologies under Engineering VP Shivakumar Venkataraman, who had been working on search advertising for more than a decade, according to Bloomberg reports.

Venkataraman is now running a unit focused on “blockchain and other next-gen distributed computing and data storage technologies.” He will become a “founding leader” of Labs, a business division that encompasses Google’s various virtual and augmented reality efforts.

New hires 💼 Furthermore, New Google Payments and Commerce President Arnold Goldberg has just joined the company after a lengthy stint at PayPal. He recently said the company pays “a lot of attention to crypto.”

So what does this mean? Here’s the takeaway👇🏼