Elon Musk’s 𝕏 unveils ambitions to dominate digital payments 📲💸; Revolut democratizes bond investing across Europe💰🇪🇺
FinTech is Eating the World, 18 June
Hey Everyone,
Good day & happy Wednesday! Due to my super busy schedule, the latest issues are coming in late 🙏 But I really hope they are worth the wait, particularly today’s 👀 It’s a somewhat special one as it’s dedicated to Super Apps, or Super App wannabes. Today we’re going to look at Elon Musk’s 𝕏 that has just unveiled ambitions to dominate digital payments (a deeper dive into this Everything App, uncovering what Elon’s master plan is all about & what’s next for 𝕏 + lots of bonus reads and deep dives inside), and Revolut that is democratizing bond investing across Europe (what’s the USP & why it matters + bonus reads & deep dives on Revolut and its biggest competitors at home). So let’s jump straight into the juicy stuff 🌶
Elon Musk’s 𝕏 unveils ambitions to dominate digital payments 📲💸
The news 🗞️ Elon Musk's 𝕏, formerly known as Twitter, is slowly yet strongly embarking on an ambitious journey to transform into an all-encompassing Everything App by integrating a robust payments network into its social media platform, as revealed by recently uncovered state license applications, Bloomberg reported.
These previously undisclosed documents provide valuable insights into the company's plans to rival established players like PayPal’s PYPL 0.00%↑ Venmo or Square’s SQ 0.00%↑ Cash App in the digital payments space.
Let’s take a deeper dive into this, see what Elon’s master plan is all about and what’s next for 𝕏.