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Mmastodon BusinessBanking first seen 5 d ago, last 5 d ago, peak #9

Revolut, Nubank, Coinbase and Ripple seek banking licences

Original: # PorSiTeLoPerdiste Revolut, Nubank, Coinbase y Ripple quieren ser bancos: ¿Qué hay detrás de sus solicitudes? https://w

Fintech companies Revolut, Nubank, Coinbase and Ripple have applied to operate as banks, a move being reported as a significant shift for the sector. The applications suggest these digital finance firms want to expand beyond their current services and compete directly with traditional banks, raising questions about regulation and the future of banking.

Why now: Major fintech and crypto firms pursuing banking licences signals a notable convergence of tech finance and traditional banking.

RevolutNubankCoinbaseRipple

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Rank over time, top of the chart is #1. 3 snapshots from 5 d ago to 5 d ago.

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API: https://socialmediatrends-api.osmike.com/v1/trends/4528448