Fintech Insider Podcast by 11:FS
810. News: Robinhood is coming to the UK and Wise help SMEs with Allica Bank
Dec 11, 2023
Guests Sophie Winwood, Roisin Levine, and Oliver Smith discuss Robinhood's entry into the UK market and its controversies. They also talk about Allica Bank's partnership with Wise to enhance cross-border payments for UK SMEs. The podcast covers N26's partnership with Upvest for ETF trading, Adyen's collaboration with Klarna, and Natwest's innovative approach to educate people about modern scams through a board game.
51:07
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Quick takeaways
- Wave and Gr4vy's partnership in Australia aims to offer a seamless and cost-effective payment service, bypassing surcharges and eliminating third parties.
- Barclays' cost-cutting strategy includes closing 18 more branches, totaling 34 closures in 2022, while still providing access to cash through post offices and libraries.
Deep dives
Klarna collaborates with Adyen to offer pay-by-bank solution in Australia
Open banking provider Wave and payments company Gravy have partnered to offer a new payment service in Australia, allowing merchants to bypass surcharges and eliminate third parties. The collaboration aims to provide seamless, fast, and secure payments at a lower cost to merchants. With Klarna's increasing popularity, this partnership signifies their move beyond buy now pay later and their efforts to streamline checkout processes.
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