In 2023, 5.5 million US adults will use cryptocurrency to make payments, a jump of more than 350% in three years. That said, this figure represents a meager 2.3% of US internet users, showing that crypto payments are far from mainstream.
It’s buying a banking license and using its funding to build the tech behind its operations, laying the foundation for a super app.
The UK granted its second fintech banking license in the past month. But we expect Johnson’s resignation will delay fintech development.
Sling helps restaurants manage employee scheduling, internal communications, and payroll—features Toast can use to build out its platform.
It wants to de-stress finances for Gen Z, but is its personalization too personal?
We look at how partnering with MercadoLibre can help it tap digital remittance trends.