WEEK STARTING AUGUST 26
AUSTRALIAN FINTECH AND STARTUPS
BNPL Flexigroup revealed a product called 'Bundll' that allows customers to spend on a Mastercard and then pay it off via an instalment plan. But it's still not treated as credit. I am starting to wonder if all these different BNPL products and derivations could actually blur the definition of what is / isn't credit, and result in an inquiry into the industry / redefining the definition of 'credit'
Inside scoop: employees of payment app 'Beem It' have been accused of trying to harrass peer-to-peer money transfer app 'Finch'
Facebook is developing a new app called 'Threads'. It's a messaging app designed to be used with your close friends
A former Google engineer, Anthony Levandowski, is being charged for stealing trade secrets between Uber and Waymo. Story here
KFC is going to add plant based chicken to their menu in the US
Video: Elon Musk and Jack Ma had a debate in Shanghai. Hilarious viewing
Answers at the end of the email
(a) Which noun, meaning ‘a secret plan’ comes from the Latin for "to breathe together"?
(b) Often considered appealing, what features are a genetic defect of the zygomaticus muscles of the face?
(c) What are the only 2 colours on the flag of the USSR, as well as those of the People's Republic of China & Vietnam?