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Hi all, Julie here.

On the day after Halloween, the news flow is eerily quiet. It’s also Momma VerHage’s last day in Texas, so I appreciate that y’all made my job easy today.

Before we dive into the small amount of news we do have, Tux Time is back with a new episode! In this one, I sat down with Adyen’s President of North America Brian Dammeir to talk about payments more broadly as well as recent trends like DeFi.

Today's Partner, Masterworks

Millionaires Use This Unexpected New App to Grow Their Wealth (And Now You Can Too)

Masterworks, the $1B fintech unicorn, lets users invest in the growing art market. In fact, membership is free. Investing in art is by no means a new concept. The ultra wealthy have bet on art for centuries. When you realize Contemporary art outperformed the S&P 500 by 174% from 1995-2020, it's easy to understand why. Plus, the global value of art is expected to grow by 53% by 2026. Thanks to Masterworks.io, you can invest in art similarly to buying stocks online. We even interviewed their fantastic CEO, Scott Lynn on our podcast last month. Want to join 240,000 art investors? FTT Subscribers skip their waitlist*

Company News

Nubank IPO Part 2

We told you on Friday that Nubank had filed to go public. There’s no new news, but there is an awesome new thread from John St Capital.

Firserv Reports Earnings

Shares of the payments company headed lower late last week even though it beat analysts' expectations for its third quarter results. Why did it fall then? Because it admitted it has lost a "large processing client,” which people believe is Stripe. For now, analysts still seem to be pretty optimistic on the stock, with most of them maintaining buy ratings. I mean, it would be pretty hard to have a sell rating on a payments company these days (other than if cash were a company).

Crypto Watch

Squid Game Madness

If you missed Parker’s great piece on the Squid Game insanity for Crypto Tonight, check it out here and sign up so you don’t miss future #content. TLDR: if you can buy a cryptocurrency but can’t sell it, that’s probably a sign you simply shouldn’t buy it. The anonymous creators of a Squid Game cryptocurrency have officially pulled the rug on the project and run off with ~$2.1M. Launched just a week ago, SQUID peaked at a price of $2,861 before plummeting to $0 around 5:40am ET, according to the website CoinMarketCap. What a ride. Sorry to all of you that thought the $100 you put into it had made you overnight millionaires.

Together With Fintech Meetup

​Fintech Meetup is the industry’s next can’t-miss event! It’s the easiest and most efficient way to find new solutions, partners and customers. No speakers. No content. Just 30,000+ online speed date meetings, so you can meet the people and organizations you need to meet to drive your business forward.

Join hundreds of organizations already signed up, including:

• Fintechs including Akoya, Alliance Data, Alloy, Alviere, Argyle, Autobooks, Azimuth, Botdoc, Certa, Checkout.com, Dave, FISPAN, MANTL, Nuance, Nymbus, PPRO, Revolut, Ripple, Signal Intent, Sila, Socure, Synctera, Urban FT (to name just a few!)
• Banks including Bank of America, Citi, Federal Reserve, Goldman Sachs, HSBC, JP Morgan, Santander, Wells Fargo & more
• Networks including American Express, Discover, Mastercard & Visa
• Investors including Bain Capital, General Atlantic, Mosaik Partners, Next Level, Point 72, Vestigo & more
• Plus Credit Unions, CUSOs, Community Banks, Tech Cos and more!

Online, March 22-24. Qualifying Startups get special startup rate tickets, qualifying Banks & Credit Unions eligible for FREE tickets. Get your ticket now before prices go up on Friday! Get Your Ticket!​

​Director of People, Papaya:​

With backers like First Round, Sequoia and F-Prime, Papaya is shaking up online mobile bill payment. As the Director of People, you will lead daily functions of the HR/People Services and Recruiting departments and manage a team of 2 recruiters and an HR consultancy to hire high quality talent and enhance the employee lifecycle. Success in this role means implementing a people strategy that aligns with Papaya's resourceful and impact-driven culture. This role is based in Los Angeles and requires the ability to go into the Papaya office in Sherman Oaks on a consistent basis. The team is looking for someone with 5+ years of experience in HR and a passion for maintaining a diverse group of talent. If this sounds like you, click the link above!

Share Fintech Today, get exclusive rewards! Have friends who'd love our newsletter too? Give them your unique referral link (below) and the first 5 people to refer 5 new subscribers will win a FTT hat this week! https://sparklp.co/d848d352 PS: You have referred 0 people so far ⚡️ Powered by SparkLoop

Julie VerHage-Greenberg is the co-founder of Fintech Today, where she focuses on editorial content and brand. Prior to joining, she was Bloomberg’s first fintech reporter, covering Robinhood from before it was a billion dollar company, breaking the news that Plaid was acquiring Quovo, and interviewing executives on Bloomberg TV and at several large conferences.

113 Cherry St #92768, Seattle, WA 98104-2205

*See important disclosures​