2min chapter

Fintech Insider Podcast by 11:FS cover image

778. News: JP Morgan invests in Brazil, African funding passes £2bn, and M-Pesa enter Ethiopia

Fintech Insider Podcast by 11:FS

CHAPTER

Milestone Achieved by Open Banking: Over 11 Million Payments in the UK

The chapter discusses the significant growth in open banking in the UK, with over 11 million payments made in July 2023, showing a growth rate of 102% compared to the previous year. Despite the growth, the speakers express disappointment in the level of adoption and usage of open banking.

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