PayPal and Perplexity join forces to pioneer AI-powered shopping 🤖🛍️; Coinbase’s Q1 2025: revenue diversification shows promise, but regulatory & security headwinds demand caution 📊👀
FinTech is Eating the World, 16 May
Hey Everyone,
Good morning & happy Friday! Another insane FinTech week is about to end, and we’re wrapping it up on a high note 👏 Today we’re looking into PayPal & Perplexity which just joined forces to pioneer AI-powered shopping (what it’s all about & why it could be huge + bonus dives into Agentic Commerce & FinTech plays and more AI reads inside), and Coinbase’s Q1 2025 where revenue diversification shows promise, but regulatory & security headwinds demand caution (deep dive into their latest financials, unpacking key numbers, what they mean & what’s next for Coinbase + bonus deep dive into its biggest competitor Robinhood). So let’s just jump straight into the fascinating stuff 🌶️
PayPal and Perplexity join forces to pioneer AI-powered shopping 🤖🛍️
The news 🗞️ AI search engine Perplexity AI has just partnered with PayPal PYPL 0.00%↑ to enable direct purchasing capabilities within its conversational interface.
Set to launch in the United States in summer 2025, this collaboration will allow users to make purchases, book travel, and buy tickets without leaving Perplexity's platform.
Let’s take a look at this, see why it could be huge, and what’s next.