Is Telegram actually a crypto company? 🤔💸; Another one: PayPal and Fiserv expand partnership to streamline digital payments 🤝💳
FinTech is Eating the World, 30 August
Hey Everyone,
Good morning & happy Saturday! We’re finishing another wild FinTech week on a weekend but it’s absolutely worth the wait 😮💨 Today’s issue is the best one yet as we’re going to explore whether Telegram is actually a crypto company (a brief look at their latest financials, what do they reveal & what’s next + a bonus read on Telegram), and PayPal that just partnered with Fiserv to further streamline digital payments (what it’s all about, why it makes sense & what’s next + bonus deep dives into PayPal, Adyen and Fiserv). So grab yourself a cup of coffee or tea and let’s just jump straight into the mesmerizing stuff ☕️
Is Telegram actually a crypto company? 🤔💸
Following the money 💸 Telegram, the popular messaging app known for its privacy features, has unexpectedly emerged as a major player in the cryptocurrency space.
Recent financial disclosures have revealed that the company held approximately $400 million in digital assets at the end of 2023 and derived a significant portion of its revenue from crypto-related activities.
Let’s take a closer look at this and see why it matters.