1032. News: Revolut heads to Peru, Stream raises $90m, and… are you dead?
Fintech Insider Podcast by 11:FS
WeLab $220m funding and Southeast Asia
Quick shout-out to WeLab's $220m round, its AI plans and expansion across Hong Kong, China and Indonesia.
This episode was recorded before the news broke that Capital One is buying Brex (thanks for that one, guys!). We’ll be covering it on next week’s pod.
About this episode:
Host Kate Moody, Customer Strategy Director at 11:FS, is joined by some great guests to discuss the biggest stories from the world of financial services over the past week.
This week's guests:
- Nicolás Di Pace - Managing Partner and Co-founder at adn.vc
- Samuel Norman - City Reporter at City A.M.
- Peter Briffett - CEO and Co-Founder of Stream
Stories covered on the podcast this week include:
Stories covered on the podcast this week include Revolut applying for a full banking licence in Peru, marking its fifth expansion in Latin America. Stream (formerly Wagestream) has raised $90m in Series D funding, taking its total funding to $228m. BNPL provider Affirm is planning to roll out instalment loans for renters in collaboration with Esusu. Wise recorded a 26% surge in cross-border volumes to £47.4bn in its latest quarter as its customer base grew. Hong Kong-based WeLab has closed a $220m Series D funding round, while “Are You Dead?” is climbing the Apple App Store charts in both China and the US.
Timestamps/stories:
Intro - (00:01)
Revolut seeks Peru banking license to expand Latin America footprint - (05:16)
Stream Raises $90m in Series D Funding to Redefine Workplace Finance and Drive US Expansion - (19:32)
Affirm to provide BNPL to cover rent - (34:21)
Wise reports jump in users ahead of US dual listing - (43:03)
WeLab raises $220 million in HSBC-backed funding round - (52:25)
An App Called ‘Are You Dead?’ Is Climbing the Apple Charts - (53:46)
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About Fintech Insider:
Fintech Insider by 11:FS is a bi-weekly podcast that covers everything from finance and banking to technology and the latest trends in financial services.
Our expert hosts, with hands-on industry experience, are joined by key decision-makers, VCs, and top reporters from across the financial landscape, including guests from companies like Stripe, Revolut, Plaid, PayPal, and Monzo. Together, they break down the biggest news and innovations shaping the space.
Our weekly news show drops every Monday, covering major stories like mergers, new product launches, regulatory shifts, and emerging tech trends. On Thursdays, our Insights show goes deeper into the hottest topics driving the future of finance, including AI in banking, decentralised finance, and the evolving landscape of embedded finance.
Whether you're already in the fintech game or just starting to explore, this is the #1 podcast for you.
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