Twenty-eight global banks just settled $1M across six currencies in 80 seconds — tokenized settlement is no longer theoretical. This episode also covers a $2.03B fintech funding week, LatAm's record $1.05B Q2, India's CKYC 2.0 rollout, the RBI's August rate decision, and major raises from Aperture and ThreatLocker.
Audio is available on Spreaker — see link below.
Twenty-eight of the world's largest banks just moved real money across six currencies in eighty seconds. That's not a simulation.
Pull back from settlement infrastructure and the broader funding picture this week is notable on its own terms. Global fintech raised two point zero three billion dollars across twenty-eight deals, up nineteen percent from the prior week's one point seven billion.
Latin America deserves its own moment. Q2 funding in the region reached one point zero five billion dollars, two point six times year-on-year growth and the highest quarterly total on record.
India's regulatory calendar adds another layer this week. The CKYC two-point-zero framework rolls out August first, introducing consent-based KYC reuse across participating banks, insurers, and eventually brokers and mutual funds.
The Reserve Bank of India's monetary policy committee meets August third through fifth. The repo rate decision will move home loan EMIs, deposit returns, and borrowing costs across the system.
Two final data points worth holding. Aperture Investors structured a three hundred million dollar asset-backed facility for consumer lender Avant, part of a broader non-bank ABF push that's putting margin pressure on traditional bank lending operations.
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.