Elon Musk's 𝕏 rebounds and investor confidence is surging 😳💸; Visa’s strategic push into account-to-account payments signals industry evolution 💳🤖; Paysafe to go private?! 👀💰

FinTech is Eating the World, 7 February

Hey Everyone,

Good morning & happy Friday! What a week in FinTech we just had… 🤯 And the best part is that it’s not over yet! Today we’re looking at Elon Musk's 𝕏, which has successfully rebounded with rising investor confidence (why it matters & what’s next + bonus deep dive into 𝕏 & Elon’s grand vision for the tech giant), Visa whose strategic push into A2A payments signals industry evolution (what it tells us & what can we expect next + bonus deep dive into Visa & their latest financials), and Paysafe which might soon go private (what it’s all about & what it indicates for the broader FinTech industry + more bonus reads inside). So let’s jump straight into the incredible stuff 🌶️

Elon Musk's 𝕏 rebounds and investor confidence is surging 😳💸

Following the money 💸 Wall Street banks have just achieved a significant milestone in selling $5.5 billion of debt related to Elon Musk's acquisition of 𝕏 (formerly Twitter), marking a turning point in one of the most challenging acquisition financings in recent years.

The debt was sold at 97 cents on the dollar, significantly higher than the 60 cents offered by hedge funds in 2023, demonstrating renewed investor confidence in the social media platform.

Let’s take a quick look at this, see why it matters, and what’s next.