Twitter can become the Super App PayPal, Klarna, & Revolut always dreamed of 🤯; Railsr's Series C & why future of finance is embedded 💸; MiCA: what landmark EU ruling means for future of crypto?

FinTech is Eating the World, 10 October

Hey Everyone,

Happy Monday! I couldn’t have wished for a better issue to start a new week with than this one. Today we’re looking at Twitter which can become the Super App PayPal, Klarna, & Revolut always dreamed of (why it’s huge & can Elon pull it off?), Railsr’s Series C & why the future of finance is embedded (if you don’t have an embedded finance strategy, I’d worry), and MiCA: what landmark EU ruling means for future of crypto? (why it’s both a small step and a giant leap). Let’s jump straight into the awesome stuff:

Twitter can become the Super App PayPal, Klarna, and Revolut always dreamed of 🤯

Seal the deal 🤝 After running around in circles, it seems that Elon Musk is finally buying social media giant Twitter TWTR 0.00%↑. But that’s not the interesting part.

The chemical X 👀 After it was confirmed he is buying Twitter for $54.20 a share, Elon Musk has broken his silence in a cryptic tweet that basically proved his earlier plans to turn Twitter into an all-encompassing app aka the Super App.

Elon Musk @elonmusk

Buying Twitter is an accelerant to creating X, the everything app

With 238 million users, the social media giant is seen as a brilliant catalyst to achieve these ambitions and accelerate the development by at least 3-5 times.

Elon Musk @elonmusk

@LarckeningXuruo Twitter probably accelerates X by 3 to 5 years, but I could be wrong

Why does this matter? 🤔 Leveraging Twitter, Elon Musk is going to build an app that does everything 🤯 Not only it could become the first Super App of the West. Also, Twitter can become the Super App PayPal, Klarna, and Revolut always dreamed of.

Let's take a look.