Banking meets FinTech: Standard Chartered inks a major deal with Wise 🏦🤝📱; Payoneer: a hidden FinTech giant accelerating B2B cross-border payments growth 😤🚀

FinTech is Eating the World, 5 November

Hey Everyone,

Good morning & happy Wednesday! Today’s issue is super hot as we’re going to look into Standard Chartered which just inked a major deal with Wise (yet another signal of banks partnering with FinTechs, why it matters & what it means for Wise), and Payoneer, which is still a hidden FinTech giant (breaking down their latest Q3 2024 financials, what they mean, why I’m bullish & why you should be too). So let’s just jump straight into the great stuff 🌶️

Banking meets FinTech: Standard Chartered inks a major deal with Wise 🏦🤝📱

The news 🗞️ In yet another signal of growing cooperation between traditional banking and FinTech, Standard Chartered has announced a strategic partnership with cross-border payments giant Wise.

The deal will enable Standard Chartered to offer enhanced multi-currency money transfers across Asia and the Middle East, leveraging Wise's established payments infrastructure.

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