496. News: Tom Blomfield’s bittersweet departure & Marcus and Marqeta launch checking accounts

Episode 673 · January 25th, 2021 · 1 hr 14 mins

About this Episode

Our expert hosts, David Brear and Kate Moody, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

  • Oliver Prill - CEO, Tide
  • Tosin Agbabiaka - Early Stage Investor, Octopus Ventures.
  • We also spkoe to we spoke to Vidya Peters, CMO at Marqeta to hear more about their story.

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

  • It been a busy week for Goldman, as Marcus offers checking accounts with Marqeta in the US, while hunting for acquisition opportunities for Marcus UK.
  • Tide to launch in India
  • Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic -
  • Grab’s financial services arm raises $300M
  • Paypal takes full ownership of Chinese payments company GoPay
  • Jamie Dimon says JPMC should be “scared shitless” about fintech

This podcast is brought to you by Jack Henry Digital the pioneer and creator of personal digital banking that helps community financial institutions strategically differentiate their digital offerings from those of MegaBanks, BigTechs and FinTechs.

This podcast is also brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vision, artificial intelligence and machine learning. Mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists businesses operating in highly regulated markets to reduce financial risk and meet regulatory requirements while increasing revenue from digital channels. Financial services, marketplaces and other organizations around the world use Mitek to reduce friction creating the digital experiences their customers expect. Mobile Deposit® and Mobile Verify® are used by millions of consumers for check deposit, new account opening and more. The company is based in San Diego with offices in New York, London, Amsterdam, Barcelona, Paris and St Petersburg. Learn more at www.miteksystems.com.

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This is presenting new opportunities for specialised providers and offers banks extra revenue streams.
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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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