Archive - Aika’s Newsletter

Where are $100B fintechs?

There are only few big ($100B) companies in finance and almost all of them are incumbents. Where are $100B fintechs?

Feb 14 •

April 2022

Network Effects in Fintech

Can they provide an enduring competitive advantage to consumer fintech companies?

Apr 8, 2022 •

September 2021

Fintech in LatAm: Banking the Unbanked

Nubank, Ualá and others building path to LatAm customer

Sep 9, 2021 •

May 2021

Revolut's Puzzle

Revolut is shipping products and launching in new countries at a breakneck pace. Will it be a paradigm shifting company?

May 5, 2021 •

March 2021

Understanding Klarna

Plus: How customers use CashApp and Kaspi.kz financial results

Mar 4, 2021 •

February 2021

Tinkoff and Russia's Ecosystems

In Russia, everyone is building ecosystems - Tinkoff, Yandex, Sber, Mail.ru and many more. But Tinkoff is a great bank and perhaps it should stay as…

Feb 8, 2021 •

January 2021

CashApp Is King

CashApp is a part of Square, a $100b company founded by Jack Dorsey. I provide breakdown of CashApp's business model and economics.

Jan 18, 2021 •

December 2020

Holiday issue: Stored value cards and TfL Oysters

We leave ££ millions on unused store cards, gift cards, bank accounts and Oyster cards

Dec 21, 2020 •

Banking on Young People: gohenry, Current, Step, Greenlight

Banking apps for young people collectively raised over $350 million in recent months. I am looking at their strategies.

Dec 11, 2020 •

There are two types of digital banks: bottom-up and top-down.

Dec 4, 2020 •

November 2020

TransferWise and its Many Pivots

TransferWise proved that fintechs can be profitable. Along the way it didn’t shy away from pivoting. I think its transitioning from B2C to B2B and it…

Nov 27, 2020 •

Stripe Should Be a Bank

Stripe is building the internet infrastructure. Paul Graham thinks it's the next Google. Should it become a bank?

Nov 20, 2020 •

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