Ramp is worth $60bn and 70% of its R&D team is working on products it hasn't released yet. I sat down with @eglyman in New York to discus Why he thinks of @tryramp as a productivity company more than fintech The 7,000 pull requests their non-engineers wrote last quarter The trust charter, stablecoins, and whether an AI agent would choose your business. Full conversation 👇 00:00 Introduction 03:16 Is fintech dead? And why Ramp considers itself a productivity company 04:41 Why AI token costs are turning software into financial products 07:27 How Ramp's Inspect lets non engineers ship code using AI 11:51 Why AI is becoming the third major category of business spend 18:43 What justifies Ramp's valuation and its accelerating revenue growth 27:07 How AI is transforming employee productivity and customer support workflows 39:54 Why Ramp applied for an OCC national trust bank charter 43:15 How stablecoins enable faster cross border payments and protection against currency volatility 47:23 Will autonomous AI agents replace Ramp or choose its financial infrastructure? 51:01 The future of agentic companies and Ramp's mission to eliminate waste

Instinct now lets you give your AI agent a balance to spend within limits. That balance sits in stablecoins. The purchase can still run through Visa. But your bank should watch where you keep the money between purchases.

This interview with @nubank CEO @velez_david is now over 20k views on YouTube 🔥 Catch the full thing below or search for brainfood wherever you get your podcasts.

Nubank has more than 140 million customers. Now it’s taking its playbook to the US. I sat down with David Vélez, Founder and Global CEO of @Nubank, live at Nu Stadium, the day after the US launch. We get into the US launch with Lead Bank, Nu’s conditional OCC approval, and what’s under the hood of Nu Global, including Sygnum, Circle, Mastercard and Stripe. Plus AI credit models, banking agents, and the efficiency numbers that make other bank CEOs read and weep. Full interview below 👇 0:11 Nubank’s scale, efficiency, US launch, tokenization and AI 2:14 Chuck Feeney’s philanthropy and influence on David Vélez 4:13 Smart efficiency culture and Nubank’s branchless cost advantage 7:10 Hidden US banking costs and the underbanked opportunity 9:44 Nubank’s US strategy, Hispanic customers and incumbent competition 12:13 Customer obsession, NPS and long-term loyalty economics 16:48 Nu Global, stablecoin savings and international money movement 22:00 NuFormer foundation models for credit decisioning and financial AI 27:20 AI banking agents, financial guidance and cautious customer rollout 30:34 AI-driven workflow reinvention and Nubank’s flatter organization

Brainfood went and did a little rebrand. I hope you like it? (Play the video with sound!) The first time I heard the phrase “Fintech is Dead,” I got a little offended. A little hurt. I mean, this was the thing I, we, attached a professional identity to, a sense of community and a shared enjoyment of the idiosyncratic weirdness that is technology in financial services in 2026. I wondered: how can it be dead when it’s only 4% finished? But over time, I became convinced that what got us here won’t get us where we’re going. There are no trillion-dollar fintech companies after all. So, last Thursday I published an essay arguing that fintech is dead as an investment category because the technologies that made “fintech” are table stakes now. A mobile-first neobank, running on the cloud, or an API-first infrastructure won’t disrupt the status quo. It will take something else. Speak to any investor, and you’ll hear a similar thing: an identity crisis, but a recognition that the financialization of compute, payments companies routing AI tokens, and the wave of tokenization coming to Wall St. show another phase is coming. Today’s massive companies, and tomorrow’s giants, are all leaning into AI and tokenization to solve new problems in new ways. So Fintech Brainfood is now Brainfood. But don’t worry, Brainfood will still hit your inboxes every Thursday and Sunday. Thursday Rants make sense of the big themes in tech and finance, while Sunday gives you news, 4 new companies, and some reading recommendations. But now we’re doing more too. A bigger brand to bring together Tokenized, Brainfood, and the work the team has been doing behind the scenes: - Brainfood Media, which encompasses all of our media properties. - The Brainfood podcast, relaunching tomorrow with a HUGE guest. Also on YouTube. - Tokenized, the podcast on stablecoins and tokenization with Head of Crypto @ Visa Cuy Sheffield. Now part of Brainfood Media. - Predicted, a newsletter on the business of prediction markets, created by my cofounder Pet Berisha. Our fastest-growing media property is up 150% in subscribers in the last 8 weeks… - Brainfood Advisory, co-led by co-founder Jeff Tijssen, formerly global head of fintech at Bain. Because an adult needs to help me, help you. We even got a swanky new homepage: brainfood.xyz/ (Would love feedback! Please reply with thoughts) And if you want to see us in person… we’ll all be at NerdCon in San Diego (I do not apologize for this plug). So that’s Brainfood 2.0. Bigger. A few more people. And a lot more to come. ST. PS. The essay is here if you want to tell me where I'm wrong. I'd like that. lnkd.in/ebmv4BXc PPS. Check out the audio in this video 🤓

Stripe acquired OpenRouter. Ramp launched Router. Both are leaning into stablecoins. Cloud, mobile, and APIs are now table stakes, not an investable category. The next era of finance is something else.

Re-usable KYC is finally getting traction in the US. Customers don't want the friction of submitting their documents multiple times to open new accounts. Ideally, they could securely share proof that they've done so before. Well. Now they can. Recent Federal banking regulator and FinCEN FAQ guidance clarified how this process works, and they ran a working pilot with large financial institutions. This has been something @SOLOAPI has been working at for years with sponsor banks and fintech companies, but now they're opening their graph to any financial institution and accounting firms too. Georgina Merhom explains how it works below 👇