Chase dethrones Monzo and Starling as UK's most recommended bank 🏦🇬🇧; Coinbase seeks fresh start in India 😳🇮🇳; Payoneer's China breakthrough 💳🇨🇳

FinTech is Eating the World, 18 February

Hey Everyone,

Good morning & happy Tuesday! Today’s issue is undoubtedly the best one yet 👀 We’re going to look into JPMorgan Chase which just dethroned Monzo and Starling as the UK's most recommended bank (why this matters & what it tells us about the future of FinTech + bonus deep dives into JPMorgan & co), Coinbase which now seeks fresh start in India (what it’s all about & what can we expect next + bonus deep dive in Coinbase & their latest financials), and Payoneer that just secured a big win in China (what happened & why it matters + bonus deep dive into Payoneer & why you should be bullish on them). So let’s jump straight into the incredible stuff 🌶️

Chase dethrones Monzo and Starling as UK's most recommended bank 🏦🇬🇧

The news 🗞️ JPMorgan's JPM 0.00%↑ digital banking venture Chase UK has just achieved a significant milestone, surpassing established digital challengers Monzo and Starling Bank to become Britain's most recommended bank.

The Competition and Markets Authority's (CMA) latest survey reveals a compelling shift in the UK banking sector, highlighting the growing dominance of digital-first institutions over traditional high-street banks.

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