Fintech Focus For October 6, 2021

Quote To Start The Day: “[P]olitical schisms in Congress are stronger than they have been in a long time and battle lines more hardened.

Source: Barclays

One Big Thing In Fintech: The Federal Reserve plans as early as this week to launch a review of the potential benefits and risks of issuing a U.S. digital currency, as central banks around the world experiment with the potential new form of money.

Source: Wall Street Journal

Other Key Fintech Developments:

• WonderFi, Circle team up on DeFi.
• Microsoft Cloud for finance arrives.
• Anyfin has added $52M in funding.
• Nationwide, Amazon partnered up.
• Alto expands accessibility of offers.
• Chainalysis has acquired Excygent.
• Chargebee has acquired RevLock.
• U.S. Bank, NYDIG team on bitcoin.
• BlackRock helps advisors allocate.
• Finance is embracing open source.
• Duality Technologies added $30M.
• Sure adding $100M funding round.
• DTCC eyes case for centralization.
• METACO opens Singapore offices.
• Republicans look to digital tokens.
• ClearBank expanding its offerings.
• Arca closes on $30M venture fund.
• Prometheum eyes a big milestone.
• Standard Chartered is honing API.
• Qredo opening DeFi to institutions.
• Ladder secures $100M in a round.
• Kokoa Finance adds $2.3M round.
• Ramp added $30M Series A funds.
• AIX teamed up with InvestX fintech.
• Data optimizations and voice trade.
• Authologic taps open banking tech.
• AllianceBlock, Graypes partnering.
• BNY Mellon has joined Marco Polo.
• Crypto platform Nexo adds Solana.
• Blue Ocean ATS launches system.
• USPS takes on cash, bill payment.
• QNB unveils its payments strategy.

Watch Out For This: When meeting with and sorting through the multitude of investors available, there are a few key things that founders should look out for.

Source: Crunchbase

Interesting Reads:

• Helping people acquire crypto work.
• Facebook whistleblower is testifying.
• Masterworks sells fractionalized art.
• Firefox gets new logo and shortcuts.
• Telegram added 70M users Monday.
• How Tesla avoids major chip issues.
• Michael Jordan gets into motorsport.

Market Moving Headline: Net Put Delta (NPD) and the customer Vanna-Gamma Ratio (VGR) have now, at last, settled in a *bullish* place. Risk to the upside.

Source: SqueezeMetrics