Payments are eating Shopify while Shopify is eating FinTech 🛍️💳; Peak ZIRP: how Bolt went from $11 billion valuation to being worth just $300 million 😳

FinTech is Eating the World, 13 February

Hey Everyone,

Good day! Although with a delay, today’s issue is more than worth the wait and it’s the best one yet. We are taking a deep dive into Shopify (latest numbers, what they mean & how Shopify is disrupting the whole FinTech ecosystem) and Bolt which just lost 97% of its valuation (it’s the best illustration of peak ZIRP in FinTech + more reads & some valuable lessons from one other once famous one-click checkout startup). Let’s jump straight into the fascinating stuff 🌶

Payments are eating Shopify while Shopify is eating FinTech 🛍️💳

Earnings call ☎️ E-commerce giant Shopify SHOP 0.00%↑ just released its Q4 2023 earnings report that showcased significant growth and positive momentum, reflecting the company's continued expansion and adaptation in the evolving e-commerce landscape.

More importantly, it provides some fascinating insights into how Shopify is disrupting payments and the overall FinTech ecosystem.

Let’s take a deep dive and look at the key numbers, uncover what they mean, and see what’s next.