Libra has Potential to Upend Plans for Fintech Companies

There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are also grappling with what the news will mean for them in the next few years; fintech firms PayPal and Stripe are founding members of the Libra Association which will help them to wok alongside the social media giant and others; Transferwise, Remitly and Azimo are not part of the association yet, though some of these firms are open to working with them or have worked with Facebook in other ways; while details are still to be discovered the Libra project is sure to have fintech companies thinking about the potential disruption from Facebook. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments