Fintech Recap: Overdraft Fees, N26, & Facebook
Featuring special guest Simon Taylor (11:FS & Fintech 🧠 Food).
Welcome to another episode of Fintech Recap, a monthly podcast where Jason Mikula of Fintech Business Weekly and I try to figure out what happened in the worlds of banking, fintech, and crypto and what it all means.
We didn’t plan it this way, but the theme of this month’s episode turned out to be: Calling It Quits. Jason, Simon, and I discussed:
Capital One’s decision to eliminate overdraft fees.
N26’s decision to exit the U.S. market.
David Marcus’s decision to leave Facebook/Meta.
We also spent a few minutes at the end of the episode discussing El Salvador’s “Volcano Bonds” because, well, we couldn’t not.
Alex Johnson is a Director of Fintech Research at Cornerstone Advisors, where he publishes commissioned research reports on fintech trends and advises both established and startup financial technology companies.