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🚀 Exciting News in Fintech! Nubank, a leading Brazilian neobank, is breaking new ground by venturing into the mobile network space. 🌐📱 In a strategic move to enhance customer engagement and unlock new revenue streams, Nubank is integrating telecommunications services with its innovative financial offerings. This convergence reflects the evolving dynamics of the fintech industry, where boundaries between finance and technology continue to blur. Market analysis underscores the immense potential of this move, particularly in Latin America's burgeoning mobile market. By leveraging its established brand and customer base, Nubank is poised to capitalize on this opportunity, driving growth and differentiation in the competitive landscape. Financial projections paint a promising picture, with Nubank diversifying its revenue streams and mitigating risks associated with market fluctuations. As the fintech ecosystem evolves, adaptability and innovation remain paramount for companies seeking to stay ahead. https://lnkd.in/gshUH9VH #Fintech #Innovation #Neobanks #Telecommunications #LatinAmerica #MarketTrends #mvno

From neobanks to neo-MVNOs #Neobanks — a new breed of financial institution that serve as digital-native challengers to established banking incumbents — follow in the footsteps of traditional banks by offering ancillary services to target new customers, such as budgeting tools, data and spending insights, and easy access to the stock market. While neobanks have surged in popularity, so has the #MVNO (mobile virtual network operator) market, driven by the rise of #eSIM, the cloud, and the proliferation of third-party software that makes all-digital distribution strategies a cinch. Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or eSIM. The launch comes shortly after news first emerged that Brazil’s National Telecommunications Agency (ANATEL) had quietly greenlit plans for Nubank to become a mobile virtual network operator (MVNO) in partnership with the network operator Claro. While that plan remains in the early stages and Nubank hasn’t confirmed any of the launch details (the company also declined to comment for Techcrunch's article), it’s at least tiptoeing into the mobile network sphere — a growing trend within the fintech fraternity. Mobile operators are moving in on the banking business, trying to become banks themselves, and traditional banks and fintechs are doing the same by becoming MVNOs. #MVNA #MVNE #fintech #Banking https://lnkd.in/g_ceC_3t

As well as other neobank, Nubank is venturing into telecommunications. #Nubank, the Brasilian disruptor in banking, is set to redefine the telecom landscape with its upcoming venture into mobile services. Anatel, Brazil's national telecommunications agency, has given the green light to a groundbreaking partnership between Nubank and Claro Brasil. This collaboration paves the way for Nubank's entry into the mobile market through the launch of its own Mobile Virtual Network Operator (MVNO). The agreement, approved after months of anticipation, marks a significant milestone in Nubank's evolution beyond traditional banking services. While not directly involved in this venture, it's noteworthy that Guilherme M. do Lago, Nubank's CFO since February 2021, is listed as one of the administrators of Nucommerce, the entity spearheading this initiative. Nubank's bold move into telecommunications has garnered attention from both industry insiders and investors alike, signaling confidence in the company's ability to diversify and innovate. As other fintech like Revolut did recently, Nubank's entry into the telecom sector introduces a new player to the market, potentially shaking up existing dynamics and fostering innovation and competition. With its track record of customer-centric innovation, Nubank's foray into mobile services could herald a new era of affordable, user-friendly telecom offerings, challenging incumbents to up their game. Am I the only one spotting an interesting trend here? The article on Tecnoblog in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

Beyond Banking is increasingly becoming interesting… Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an #eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming #internet in more than 40 countries without having to switch out their own existing physical SIM card or eSIM. The launch comes shortly after news first emerged that Brazil’s National Telecommunications Agency (Anatel) had quietly greenlit plans for Nubank to become a mobile virtual network operator (MVNO) in partnership with #wireless giant Claro Brasil While that plan remains in the early stages and Nubank hasn’t confirmed any of the launch details, it’s obvious that it’s at least #tiptoeing into the #mobile network sphere — a growing trend within the #fintech fraternity. Andrea Faggiano Riadh Marrakchi Mohammad Nikkar, PhD Mohammed Ghonaim Saleh ALhammad Saeed A. Assiri #beyondbanking #telecoms #brasil #innovation #depin

While several Australian banks are working to simplify their existing product offerings and feverishly working to implement what appears to be anything AI - their global counterparts are making customer connectivity a major priority. 🤳 According to TechCrunch: “Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or eSIM.” Travel is well and truly back on the agenda with drops in prices Aussies are taking to the skies in pre pandemic numbers. ✈️ While those staying grounded are still looking for any savings they can, like a better value monthly phone plan. 📲 So when you consider those two factors the Nubank approach would surely be a winner with bank customers down under. 🇦🇺 Would you stay loyal to your bank if it offered you a discounted branded mobile plan and an easy option to stay connected while travelling?🥰 It’s a resounding yes from us. And we do it Fastter ➡️ for more https://www.fastter.au #fastter #create #enable #grow #brandmvno

Happy Friday. We have 29 companies and topics covered in the news today: #Airwallex, #RBI, #KotakBank, #Finastra, #Visa, #AWS, #WEX, #BookingDotCom, #FastSpring, #EBANX, #Coupa, #Bottomline, #PayU, #Fidesta, #iDenfy, #Paystand, #Teampay, #Alipay, #Alphabet, #Microsoft, #GreenFinanceInstitute, #G20TechSprint, #Tradition, #MichelEveraert, #Netbank, #IntelSolnPhilippines, #Splitit, #Elavon, #FreedomPay, #Nayax, #DKVMobility, #WisePlatform, #T2P, #Entrust, #NextGenNordics2024, #Mastercard, #IPipeline, #AdamBoone, #Nuvo, #Equifax Airwallex expands payment acceptance to the US RBI bars Kotak Bank Finastra launches Next Gen Mobile Banking Visa enters the AWS Partner Network WEX partners with Booking.com to improve global travel solutions FastSpring, EBANX expand Pix payments for digital products in Brazil Coupa partners with Bottomline PayU receives in-principal approval from RBI Fidesta chooses iDenfy to streamline remote client identification Paystand buys Teampay Alipay enables digital payment from 14 overseas e-wallets in Hong Kong Alphabet and Microsoft shares soar thanks to AI investments Visa develops dashboard to make sense of stablecoin activity EU expands AML regulation impacting cryptocurrency compliance UK GDP could fall 12% due to nature degradation – Green Finance Institute Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses Sustainable development goals take G20 TechSprint centre stage Tradition appoints Michel Everaert as global head of e-commerce and digitalisation Netbank partners with Intel-Soln. Philippines Splitit launches FI-PayLater Elavon and FreedomPay join forces Nayax partners with DKV Mobility to expand payment reach in Europe Wise Platform and T2P collaborate cross-border transfers in Thailand Entrust introduces IDV authentication solution NextGen Nordics 2024: Untangling Request-to-Pay Mastercard enhances fintech programmes Elavon and FreedomPay expand collaboration IPipeline appoints Adam Boone as CFO Nuvo boosts credit application software with Equifax This edition summarizes the news in Payments and Fintech for Apr 26, 2024. Don't miss out, subscribe to our Youtube channel at youtube.com/@baypayforum #payments #fintech #baypayforum #paykademy This episode is sponsored by PayKademy, the first business academy to learn Payments and Fintech at paykademy.com at your own pace when you want. This is the video version of the newsletter we send by email every day. We hope you enjoyed it and see you tomorrow for our next edition or on our website at baypayforum.com. You can read the details of the news at baypayforum.com/news.

Happy Friday. We have 29 companies and topics covered in the news today: #Airwallex, #RBI, #KotakBank, #Finastra, #Visa, #AWS, #WEX, #BookingDotCom, #FastSpring, #EBANX, #Coupa, #Bottomline, #PayU, #Fidesta, #iDenfy, #Paystand, #Teampay, #Alipay, #Alphabet, #Microsoft, #GreenFinanceInstitute, #G20TechSprint, #Tradition, #MichelEveraert, #Netbank, #IntelSolnPhilippines, #Splitit, #Elavon, #FreedomPay, #Nayax, #DKVMobility, #WisePlatform, #T2P, #Entrust, #NextGenNordics2024, #Mastercard, #IPipeline, #AdamBoone, #Nuvo, #Equifax Airwallex expands payment acceptance to the US RBI bars Kotak Bank Finastra launches Next Gen Mobile Banking Visa enters the AWS Partner Network WEX partners with Booking.com to improve global travel solutions FastSpring, EBANX expand Pix payments for digital products in Brazil Coupa partners with Bottomline PayU receives in-principal approval from RBI Fidesta chooses iDenfy to streamline remote client identification Paystand buys Teampay Alipay enables digital payment from 14 overseas e-wallets in Hong Kong Alphabet and Microsoft shares soar thanks to AI investments Visa develops dashboard to make sense of stablecoin activity EU expands AML regulation impacting cryptocurrency compliance UK GDP could fall 12% due to nature degradation – Green Finance Institute Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses Sustainable development goals take G20 TechSprint centre stage Tradition appoints Michel Everaert as global head of e-commerce and digitalisation Netbank partners with Intel-Soln. Philippines Splitit launches FI-PayLater Elavon and FreedomPay join forces Nayax partners with DKV Mobility to expand payment reach in Europe Wise Platform and T2P collaborate cross-border transfers in Thailand Entrust introduces IDV authentication solution NextGen Nordics 2024: Untangling Request-to-Pay Mastercard enhances fintech programmes Elavon and FreedomPay expand collaboration IPipeline appoints Adam Boone as CFO Nuvo boosts credit application software with Equifax This edition summarizes the news in Payments and Fintech for Apr 26, 2024. Don't miss out, subscribe to our Youtube channel at youtube.com/@baypayforum #payments #fintech #baypayforum #paykademy This episode is sponsored by PayKademy, the first business academy to learn Payments and Fintech at paykademy.com at your own pace when you want. This is the video version of the newsletter we send by email every day. We hope you enjoyed it and see you tomorrow for our next edition or on our website at baypayforum.com. You can read the details of the news at baypayforum.com/news.

We saw the telcos come after banks with digital wallet propositions. Its time for the fintech disruptors to level up with an extremely interesting play. Nubank is taking its first tentative steps into the mobile network realm The NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or eSIM. Brazil’s National Telecommunications Agency (ANATEL) had quietly greenlit plans for Nubank to become a mobile virtual network operator (MVNO) in partnership with wireless giant Claro Brasil Read more here (source TechCrunch): https://tcrn.ch/3Kk7Vor

At MWC Barcelona this week, Mastercard and MTN Group Fintech announced a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.   The partnership includes: 🚀 Launching a prepaid #virtualcard tailored for MTN's MoMo customers, granting them access to over 100 million acceptance points worldwide 🚀 Empowering MoMo merchants to seamlessly accept card payments, enhancing the platform's instant #crossborder money #remittance services and capabilities 🚀 Enabling #SMEs with payments acceptance solutions such as Mastercard’s SME-in-a-Box, a low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers.  🚀 Providing Mastercard #cybersecurity solutions to MTN’s operations with the aim to increase customer loyalty and trust.   Read more: https://mstr.cd/3STxErP MoMo from MTN #financialinclusion #fintech #powerofpartnership #mwc24

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