Fintech Insider Podcast by 11:FS

872. News: Klarna sells Checkout, NatWest buys Sainsbury's Bank, and Revolut is worth how much!?

Jul 1, 2024

Global Head of Technology at 11:FS and Head of Mergermarket talk about Klarna selling checkout, NatWest acquiring Sainsbury's Bank, anti-fraud product by banking app Charlie, and Revolut's $40 billion valuation. Discussions include challenges in the UK banking sector, combatting financial fraud with Speedbump for seniors, and Revolut's soaring valuation. The episode also covers physical bank branches, sports event sponsorships, and encourages audience engagement.

54:33

Episode guests

Lucinda Guthrie

Dave Morris

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Klarna exits Checkout business due to conflict with Adyen and Stripe, NatWest acquires Sainsbury's Bank, Revolut valued over $40bn

Charlie app introduces new anti-fraud product targeting AI fraud, Chase becomes first bank across lower 48 states, expanding services

Fintech Insider podcast covers diverse financial news: sponsors like NatWest, Amex, Visa in sports, McLaren's sponsorship, JP Morgan supporting US Open Tennis

Deep dives

Revolut Sponsors Team GB in This Summer's Olympics

NatWest is sponsoring Team GB for this summer's Olympics, marking a long-established partnership.

Intro

2min

Klarna's Sale of Checkout Business and NatWest's Acquisitions

18min

Challenges and Consolidation in the UK Banking Sector

7min

Introduction of Anti-Fraud Feature 'Speedbump' by Fintech for Older People

2min

Combatting Financial Fraud with Speedbump for Seniors

5min

Revolut's Valuation Soars Amidst Digital Disruption

12min

Physical Bank Branches and Sports Event Sponsorships

7min

Join host David Barton-Grimley and some great guests as we discuss the biggest fintech and financial services news this week.

Topics covered include: Klarna sells Klarna Checkout, US supermarket Sainsbury's is selling most of its banking arm to NatWest, banking app for older people Charlie launches a new anti-fraud product, and Revolut is seeing a valuation of more than $40 billion.

This week's guests:

Dave Morris - Global Head of Technology at 11:FS
Lucinda Guthrie, Head of Mergermarket, part of ION Analytics
Mariela Hunter - A fractional COO

We cover the following stories from the fintech and financial services space:

Klarna to exit checkout business after finding conflict of interest with rivals Adyen and Stripe

NatWest to take on most of Sainsbury’s bank

Charlie, banking fintech for older people, wants to fight AI fraud

Revolut seeks valuation of more than $40bn in employee share sale

Chase is the first bank in all lower 48 states, what next?

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Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.

Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.

Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.

Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.

If you enjoyed this episode, don't forget to subscribe and please leave a review

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Fintech Insider Podcast by 11:FS

872. News: Klarna sells Checkout, NatWest buys Sainsbury's Bank, and Revolut is worth how much!?

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Revolut Sponsors Team GB in This Summer's Olympics

Amex Headlines Sponsorship for British Summertime Festival at Hyde Park

Visa Continues Long-Term Sponsorship of the Olympic Games

McLaren Racing Team Sponsored by Air Wall X for the British Grand Prix

JP Morgan Renews Sponsorship for the US Open Tennis Tournament

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Fintech Insider Podcast by 11:FS

872. News: Klarna sells Checkout, NatWest buys Sainsbury's Bank, and Revolut is worth how much!?

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Revolut Sponsors Team GB in This Summer's Olympics

Amex Headlines Sponsorship for British Summertime Festival at Hyde Park

Visa Continues Long-Term Sponsorship of the Olympic Games

McLaren Racing Team Sponsored by Air Wall X for the British Grand Prix

JP Morgan Renews Sponsorship for the US Open Tennis Tournament

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