Shift4 expands reach in Europe with strategic M&As 🇪🇺; BBVA set to launch digital bank in Germany to rival JPMorgan 😳🇩🇪; Consumers open to AI in Banking, but data privacy concerns persist 👀
FinTech is Eating the World, 19 June
Hey Everyone,
Good morning & happy Thursday! Today’s issue is super packed and interesting as we’re going to look at Shift4 which is aggressively expanding in Europe with strategic acquisitions (recapping their latest M&As and why they are brilliant + a bonus deep dive into Shif4 & why it’s one of the most undervalued FinTechs right now), BBVA that’s set to launch digital bank in Germany to rival JPMorgan (what’s the rationale behind & why it might work + a bonus deep dive into JPMorgan and why it’s a force to be reckoned with for BBVA & all the rest), and consumers that are becoming more and more open to AI in Banking (& what are their biggest concerns). Let’s jump straight into the fascinating stuff 🌶
Shift4 expands reach in Europe with strategic acquisitions 🇪🇺
The news 🗞️ Payments FinTch Shift4 FOUR 0.00%↑ has just made some significant strides in expanding its global presence through two key acquisitions.
The company recently acquired a majority stake in German point-of-sale (POS) system supplier Vectron Systems and completed its purchase of US-based Revel Systems.
Let’s take a quick look at this, see why it matters, and what’s next for Shift4.