562. News: UK's contactless card limit reaches £100 - convenient or dangerous?

Our expert hosts, David Brear and Amy Gavin, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Emily Nicolle, Fintech Correspondent, Financial News Cordel Robbin-Coker, CEO & Co-Founder, Carry1st We cover the following stories from the fintech and financial services space: Contactless card payment limit in UK to jump to £100 next month 5:37 Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation 12:42 Point raises $46.5 million to give millennials a rewards-based alternative to credit cards 21:15 Beijing wants tech giants to shoulder more social responsibilities 27:52 Australian BNPL Zip Finds Under-35’s Need Support with Financial ‘Adulting’ 35:19 Ikea says ‘Hej!’ to buy-now-pay-later, investing $22.5m in Israeli BNPL firm Jifiti 37:41 Founders Factory and G-Force launch Seed program for climate-focused startups 39:17 Peter Thiel is building a luxury vacation bunker in New Zealand 41:20 This episode is sponsored by Temenos. Temenos is the world’s leader in banking software, helping over 3,000 banks serve over 1.2 billion people. Our purpose is to make banking better. Together with our community, we make banks more successful, individuals better banked, and society better served. With our software banks can create more human digital experiences, hyper-efficient business models, and transform their back-office. Our clients are the highest performing banks with cost-income ratios which are twice better than the industry average. Learn more at Temenos.com. This episode is sponsored by LetsDeel. There's a better way to hire internationally, and it starts with Deel. Everything from contract creation, record keeping, payments, and full-time employment is all in one place for teams all over the world. Companies anywhere can hire compliantly everywhere thanks to Deel. It's payroll and compliance built for today's worldwide workforce. To learn more, visit letsdeel/11fs, and redeem an exclusive offer of 3 months free when you hire a contractor and 20% for your first year when you hire an employee. This episode is sponsored by Fintech Meetup. This episode is sponsored by Fintech Meetup. Fintech Meetup is the world’s largest fintech meetings event, facilitating more than 30,000 meetings for 4,000 participants. It takes place online, March 8-10, 2022. Our participants will meet everyone they need to meet, including Startups, Established Fintechs, Investors, Banks and Credit Unions, Media and Analysts and more. For more information and to get your ticket, go to [www.fintechmeetup.com](www.fintechmeetup.com). Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email [email protected]!Special Guests: Cordel Robbin-Coker and Emily Nicolle.Links:Contactless card payment limit in UK to jump to £100 next monthSequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuationPoint raises $46.5 million to give millennials a rewards-based alternative to credit cardsBeijing wants tech giants to shoulder more social responsibilitiesAustralian BNPL Zip Finds Under-35’s Need Support with Financial ‘Adulting’Ikea says ‘Hej!’ to buy-now-pay-later, investing $22.5m in Israeli BNPL firm JifitiFounders Factory and G-Force launch Seed program for climate-focused startupsPeter Thiel is building a luxury vacation bunker in New Zealand