WEEK STARTING JULY 29
AUSTRALIAN FINTECH & STARTUPS
KPMG released their 'FinTech Pulse' report, looking at global FinTech trends and detailing overall investment into the FinTech industry. Great (long) read
SME lender 'Judo Bank' secured a $400m funding round
BNPL company 'Sezzle' floated on the ASX, with stock jumping 80% on the first day
Facetune - the photo app that lets you spruce up your tan, whiten your teeth and glisten your eyes - just raised $135 million at over ~$1bn valuation. Facetune was founded by PhD students who specialised in image processing and analysis, forming a company a called 'Lightricks' in Israel. Unsurprisingly, it's been criticised of promoting 'selfie dysmorphia'
Revolut launched US 'stock trading' as part of their banking app, a clear grab at some of Robinhood's market share. Revolut's a great example of building a base banking platform and then offering value-added services over time to justify the monthly subscription cost (a bit like new content arriving on Netflix). Here's hoping domestic neobanks are taking note
Interesting read: Employee happiness and business success are linked
Google Chrome's latest update makes it easier to bypass paywalls in incognito
Uplifting news: A deaf student created 100 new signs for scientific terms
A teenager from Pennsylvania won the Fortnite World Cup and bagged $3m (USD). For comparison - the Australian Open singles winner bags $4m (AUD)
Answers at the end of the email
(a) What is the only U.N. member country in the Mediterranean where English is the official national language?
(b) Of 5 elements on the periodic table with 4 letter names, what is the only one that’s not a solid at room temperature?
(c) What are the 6 countries beginning with C and ending in A? (technically there’s 7 as of a few years ago)