Australian Neobank Xinja Goes Bust; WhatsApp Officially Launches Payments Service in India; SEC Charges Robinhood with Misleading Customers about How it Makes Money

Weekly FinTech Digest | Week 51

This week (14-18 December) was a super hot and really interesting one in FinTech this year. Australian neobank Xinja closed its doors blaming the pandemic and difficulty to raise extra cash; WhatsApp finally goes live in India and hopes to bring some extra cash to Facebook; Robinhood gets charged by the SEC with misleading its customers on how it makes …