Robinhood goes all in on crypto as it wants to become the global financial Super App 😤💸; European payments giant Worldline faces criminal investigation as regulators circle 👨🏼⚖️💳
FinTech is Eating the World, 1 July
Hey Everyone,
Good morning & happy Tuesday! Today’s issue is especially interesting as we’re looking into Robinhood, which is now going all in on crypto as it wants to become the global financial Super App (what it’s all about, why it could be huge & how Robinhood is rewriting the rules of investing + bonus deep dives into Robinhood & co.), and European payments giant Worldline that now faces criminal investigations in Belgium and other countries (holistic recap of the situation, what it tells us about Worldline and what it means for the future of FinTech as a whole). So let’s jump straight into the game-changing stuff 🌶️
Robinhood goes all in on crypto as it wants to become the global financial Super App 😤💸
The BIG News 🔥 Retail trading giant Robinhood HOOD 0.00%↑ has just unveiled an ambitious expansion into blockchain-based financial services, launching tokenized versions of over 200 US stocks & exchange-traded funds for European customers, presenting its own blockchain, private company investing, and more.
This marks the WealthTech FinTech’s biggest transformation from a traditional brokerage into a comprehensive digital financial services platform to date, thus moving it closer to a global Financial Super App.
Let’s take a look at this, understand why it’s huge, and see what’s next.