Mastercard launches One Credential in a bid to transform digital payments 💳👥; Remitly is riding the digital remittance wave with momentum and margin expansion 💸📈

FinTech is Eating the World, 20 February

Hey Everyone,

Good morning & happy Thursday! Today’s issue is especially interesting as we’re going to look into Mastercard which just launched One Credential & aims to transform digital payments (what it’s all about & what it tells us about the future of digital payments + bonus deep dives in Mastercard & Visa’s latest financials), and Remitly that’s successfully riding the digital remittance wave with momentum and margin expansion (breaking down their latest Q4 2024 numbers, what they mean, what’s next & whether Remitly is worth your time and money in 2025). So let’s jump straight into the good stuff 🌶️

Mastercard launches One Credential in a bid to transform digital payments 💳👥

The news 🗞️ Finance giant Mastercard MA 0.00%↑ just introduced One Credential, a digital payment solution that marks a significant shift in how consumers manage their payment preferences.

This innovative platform allows users to consolidate multiple payment methods—including debit, credit, BNPL aka installments, and prepaid options—into a single digitally connected credential.

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