Daily Fintech Podcast - March 20th, 2022

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Welcome to another episode of our Daily Fintech Podcast.

THE NEWS HIGHLIGHT OF THE DAY IS

Getir has confirmed reports on its $768 million Series E round at an $11.8 billion valuation, becoming Europe’s first grocery delivery decacorn.

JUST IN:

Revolut is making it easier for refugees escaping Ukraine to open Revolut accounts and waiving some FX transfer fees- a move that has been given the thumbs up by the Ukrainian deputy prime minister.

ALSO:

Moneyhub has struck a deal with Samsung Electronics claiming to facilitate the “world’s first open banking payments on a retail self-service point-of-sale (POS) Kiosk”.

FURTHERMORE,

Tencent shares dived in Hong Kong after The Wall Street Journal reported the Chinese tech giant could face a record fine for violating anti-money laundering rules.

LET’S HEAR ALL ABOUT MERGERS AND ACQUISITIONS:

JPMorgan Chase & Co. (JPM.N) said it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans.

AS FOR PARTNERSHIPS

HSBC and The Sandbox, announced a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse.