Apple is thinking about crypto payments 👀; The largest crypto fund ever 🤯; Grab’s results as an illustration of the Super App strategy 📲
Good Morning FinTech, 16 November
Good day Everyone,
And happy Tuesday! I trust your week has started off great and you are enjoying it to the fullest. To make it even better, I invite you to explore 3 awesome FinTech stories for today:
Apple is thinking about crypto payments 👀
The news 🗞 Apple CEO Tim Cook told the New York Times’ DealBook the company is considering cryptocurrency features but didn’t go into any specifics. While Cook noted that Apple has no immediate plans to enable crypto payments in Apple Pay, his comments didn’t impede the integration entirely.
Not the first time 👉 One must note that this isn’t the first time Apple has weighed crypto functionality. Back in 2019, Apple Pay vice president Jennifer Bailey expressed interest in adding cryptocurrency into the mobile wallet, saying that cryptos had long-term potential. Really? 🤔
Following the crowd 🥊 Given both the surge in crypto payment products this year -with players like PayPal and Mastercard joining the crowd - and Apple’s dominant position in tech, some financial experts view an Apple Pay crypto integration as an obvious business move for a while. Here’s why👇🏼