🌎 Nubank Hits 135 Million Customers. OpenAI Wants Your Bank Login. Schwab Finally Sells Crypto.

🤖 Robinhood Hands the Wheel to AI. SoFiUSD Is Banking History. Airwallex Just Crashed the Billing Party.

Three seismic launches dropped on the same Wednesday and we're breaking all of them down. Robinhood just handed AI agents the keys to your brokerage account and credit card. SoFi became the first U.S. national bank to put a stablecoin inside a consumer app. And Airwallex crashed the billing party with a direct shot at Stripe. This is the episode you send to whoever still thinks fintech is boring.

🛻 Uber Wants to Be a Credit Card Company. JPMorgan Still Runs the World. Block Is Finding Out AI Isn't Free.

Uber just launched its first credit card globally — and it happened in Mexico, not Silicon Valley. JPMorgan Payments, which moves $12 trillion a day, published a piece today about why it has to think like a fintech to survive. And Block's head of IR dropped a thread this morning that quietly asks: what happens when the AI you fired people for starts sending you bills? We break down all three and what they mean for the next chapter of fintech.

🔨 Robinhood Loses Its Crypto Chief. Fidelity Tokenized Everything. Tiger Brokers Gets Mauled.

Robinhood just lost the executive who built its crypto operation — right as crypto revenue fell nearly half. Fidelity International launched its first tokenized fund and it's not a pilot program, it's live with a Moody's AAA rating. And China's securities regulator formally wound down Tiger Brokers' mainland business, giving investors a two-year countdown clock. Three stories, three very different vibes — all pointing to the same thing: fintech is in a moment of reckoning.

👋 Webull's Quarter Slaps. Revolut Taps to Pay in Doge. CFSB's AML Problem Is Everyone's Problem.

Webull just posted its best quarter ever and nobody was paying attention — $24 billion in customer assets, self-clearing approval, and a PDT rule change coming June 4 that could rewrite retail trading. Revolut went full meme economy with a Dogecoin-themed crypto debit card that actually solves a real payments problem. And CFSB just got hit with an OCC consent order that should have every fintech riding a sponsor bank charter quietly sweating through their hoodies. It's Memorial Day weekend — we kept it tight.

🤖 Plaid Builds the Stack. Klarna Moves Up the Funnel. OpenAI is Reinventing the Insurance Quote.

Yesterday three companies quietly signaled where all of consumer finance is headed. Plaid dropped a guaranteed payments product and a cash-flow credit score at its annual Effects conference — and if you don't know why that matters, this episode will fix that. Klarna stopped building AI for itself and embedded its entire merchant network inside ChatGPT. And Liberty Mutual tested getting you auto insurance quotes without you ever leaving a chat window. We break down all three and what they mean for the fintech stack you already own.