833. News: Monzo and PensionBee target the US, while J.P. Morgan doubles down in France
Fintech Insider Podcast by 11:FS
Exploring JP Morgan's Expansion and Impact in European Payment Systems
The chapter delves into JP Morgan's strategic move to offer competitive transaction costs in France by partnering with a local payment method, CB, and explores the implications for both JP Morgan's merchant clients and the broader European payments landscape. It discusses the potential effects of large banks participating in local payment networks on major players like Visa and Mastercard, as well as the impact of proposed regulatory changes on payment network diversity. The conversation extends to gender and regional disparities in angel investing, emphasizing the importance of increased diversity, education, and policy support for fostering entrepreneurial growth and investment opportunities.
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