Sub11 Sunday Weekly Summary 23 Jan 2022

A summary of the week that was in Australian fintech

Fintech Sunday Weekly Summary for Sub11 Image

• Block listed on the ASX under the code “SQ2” whilst the bourse said goodbye 👋🏻 to Afterpay - the youngest ASX Top 20 company.

• Coinbase partnered with Mastercard to classify NFTs as “digital goods”, allowing a broader group of consumers to purchase NFTs. 🕹🦄

• Twitter launched 🚀their NFT profile picture feature 👾

•Cashrewards ceased trading on the ASX following their takeover by 1835i 🤝

• Zip Co provided a market update - 9.9m customers 💻, 2.6b transactional volume📊 , 81.8k merchants 🛍

• The ASX welcomed Sydney based Beforepay opening at $2.50 v the IPO price of $3.41.🍿🎥

• Financial wellness app “Experity” part of Experity Capital had $250m worth of assets linked to the app in its first 5 days ✅🏠

• FTX was named as the official naming rights sponsor for the Australian 🇦🇺 Blockchain Week to be held in March this year. 🎤

• Sydney based Blossom App reached $15m in funds under management 🥳 partnered with the AFL - Australian Football League to be the Official Crypto Exchange & Trading Platform ⌨️ & the Naming Rights Partner: " AFL Score Review" 📺🔬