WEEK STARTING NOVEMBER 4
AUSTRALIAN FINTECH & STARTUPS
Zip partnered with Amazon Australia, to offer the Zip Pay and Zip Money payment options at checkout
A new bank on the block: Queensland neobank 'Infinity' is touted to launch in early 2020, backed by DayTek capital. It's looking to offer a prepaid card and is aiming to receive their rADI in the coming months. Can't find anything else on them at this rate, though
Long read: The Fintech 100. A review of the leading global FinTech innovators
There was a mass shooting at an Airbnb house party in Orinda, California. As a result, Airbnb is taking some drastic measures including banning party houses & 100% verifying all listings by 2020. Interesting video interview with Airbnb CEO, Brian Chesky, here
Softbank posted a $6.5bn quarterly operating loss, due to the losses incurred by WeWork and Uber. Have a read of their (strange) earnings presentation, filled with some hilarious graphs (see slide 59)
Vaping company, Juul, will now only sell menthol and tobacco pods, following the increasing regulatory scrutiny on vaping products in the US & how they contribute to teenage nicotine addiction. Proof is in the pudding: Last week, Altria Group devalued their investment in Juul massively
From the archives: Steve Jobs on Flash
Answers at the end of the email
(a) What colour is the world “Eleven” on the 7-Eleven sign?
(b) What is the world's largest telecom company by revenue?
(c) Can you name four Australian Prime Ministers with last names beginning with 'H'?