Banking and Telecom are converging: Nubank launches eSIM service 📞🏦; N26 is ready for growth as BaFin lifts onboarding restrictions ✅📈; Software POS is booming 📲🚀

FinTech is Eating the World, 28 May

Hey Everyone,

Good morning! Today’s issue is the best one yet as we’re going to explore how banking and telco are converging as NU launches eSIM service (what it’s all about, why it makes sense + a bonus deep dive into Nubank & why it’s too good to be ignored); look at N26 that’s ready for growth again after BaFin’s restrictions lift (why you need compliance-first mindset to succeed in FinTech + a bonus dive into N26 & its strategy), and software POS that’s booming right now (what’s next & why it matters). Let’s jump straight into the awesome stuff 🌶

Banking and Telecom are converging: Nubank launches eSIM service 📞🏦

The news 🗞️ As expected, Brazilian FinTech giant Nubank NU 0.00%↑ has finally moved into the mobile network space with the launch of its eSIM service for premium Ultravioleta customers.

The service, developed in partnership with Gigs, offers 10GB of free roaming data in over 40 countries across Latin America, the U.S., and Europe, allowing travelers to stay connected without incurring high roaming fees.

Let’s take a look at this and see why it matters.