Fintech Insider Podcast by 11:FS

981. News: Bilt celebrates a big raise, Lloyds eyes Curve, and is JPMorgan killing fintech?

Jul 21, 2025
Join Jason Mikula, founder of Fintech Business Weekly, Veronica Glabb, an independent fintech strategist, and Julie Arnoux from Wise Platform as they dive into the latest fintech happenings. They discuss JPMorgan's controversial plan to monetize customer data, Wise's groundbreaking partnership with UniCredit for cross-border payments, and Bilt's impressive valuation leap to $10.75 billion. The team also touches on Lloyds Banking's potential acquisition of Curve and whether a British soap opera crossed ethical lines by promoting fintech!
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INSIGHT

JP Morgan Data Charges Strategy

  • JPMorgan plans to charge fintechs for access to customer data, especially impacting payment firms with high fees.
  • This move could be a strategic attempt to stifle fintech competition rather than just cost recovery.
INSIGHT

Legacy Banks’ Data Advantage

  • Legacy banks like JP Morgan can leverage centuries of historical customer data as a powerful competitive edge.
  • Monetizing this data could reshape fintech innovation, favoring incumbents with vast data troves.
INSIGHT

Unicredit-Wise Cross-Border First

  • Unicredit teams with Wise to offer fast, low-cost cross-border payments inside its app holding 15 million customers.
  • This disrupts traditional banking payment methods, improving speed, cost, transparency, and user experience.
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