Mastercard doesn’t stop: acquires subscription management FinTech 😤💳; JPMorgan is banking on low-income communities 👨👩👧🏦; Worldpay dives deep into blockchain 👀⛓️
FinTech is Eating the World, 2 October
Hey Everyone,
Good morning & happy Thursday! Today’s issue is boiling as we’re looking into Mastercard which doesn’t stop M&A and just acquired subscription management FinTech (why it matters & what’s next + bonus deep dives into Mastercard & Visa), JPMorgan that’s banking on low-income communities (why it’s a good move & why it matters + bonus dives into JPM & how they are crushing it in all things AI), and Worldpay diving deep into blockchain (a quick look at their latest move, why it matters & what’s next). So let’s just jump straight into the cool stuff 🌶️
Mastercard doesn’t stop: acquires subscription management FinTech 😤💳
The news 🗞️ In a strategic move to strengthen its position in the rapidly growing subscription economy, card network giant Mastercard MA 0.00%↑ just announced its acquisition of Minna Technologies, a Swedish FinTech startup specializing in subscription management services.
This acquisition marks Mastercard's latest effort to expand beyond traditional payment processing and into broader financial technology services.
Let’s take a look at this, see what it’s all about and what’s next.