{"id":21993,"date":"2021-01-12T09:23:00","date_gmt":"2021-01-12T09:23:00","guid":{"rendered":"https:\/\/codeandpepper.com\/?p=21993"},"modified":"2021-02-16T10:53:49","modified_gmt":"2021-02-16T10:53:49","slug":"fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape","status":"publish","type":"post","link":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/","title":{"rendered":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape"},"content":{"rendered":"\n<p>How is 2021 going so far? Maybe it\u2019s hard to tell after a few weeks, but one thing is true: the FinTech world won\u2019t stop surprising us with innovations, rumours, and even scandals. So what news made headlines of the top industry media last week? Read on!<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-weekly-fintech-news-digest-5-11-january-2021\">Weekly FinTech news digest:&nbsp;5\u201411 January 2021<\/h2>\n\n\n\n<p>In the previous issue, we touched on the topic of consequences of Brexit for British FinTech. After the UK and EU split up without an agreement on financial services, it\u2019s natural to expect this kind of news pop up in the next weeks, or even months\u2014like in today\u2019s issue. What is more, it\u2019s not the only news related to politics: we\u2019ll hear also from the outgoing U.S. president. What else? Business as usual: international expansions, new products, and investment rounds!&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\" alt=\"\" class=\"wp-image-21995\" width=\"1200\" height=\"628\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg 1200w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-300x157.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-1024x536.jpg 1024w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-768x402.jpg 768w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-361x189.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-191x100.jpg 191w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-720x377.jpg 720w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-864x452.jpg 864w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11-432x226.jpg 432w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure><\/div>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/wave_blue.svg\" alt=\"\" class=\"wp-image-14632\" width=\"225\" height=\"8\"\/><\/figure><\/div>\n\n\n<article\n    id=\"fintech-news-block-block_5fff1e46b6dce\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">An agriculture banking platform to launch in the UK<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo-361x203.png\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo-361x203.png 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo-300x169.png 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo-178x100.png 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo-432x243.png 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/oxbury-logo.png 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">Oxbury Bank secured \u00a315 million funding from Wheatsheaf Group<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><span style=\"font-weight: 400\"><a href=\"https:\/\/www.oxbury.com\/\" rel=\"noopener nofollow\" target=\"_blank\">Oxbury<\/a>, a British specialist agricultural bank, is rumoured to launch its banking platform with the goal of serving farmers in the UK. <a href=\"https:\/\/www.crowdfundinsider.com\/2021\/01\/170949-oxbury-bank-reportedly-planning-to-launch-agriculture-banking-platform-after-securing-15-million-from-duke-of-westministers-wheatsheaf-group\/\" target=\"_blank\" rel=\"noopener nofollow\">According to the company<\/a>, the industry knowledge and deep understanding of the sector allows them for offering specialized financing services that respond directly to the needs of British farmers. The launch is linked to the recent financing of \u00a315 million that Oxbury received from the Duke of Westminister\u2019s Wheatsheaf Group.<\/span><\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/services\/open-banking\/\" target=\"_blank\" rel=\"noopener\">banking technology development<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_60006d6b8de8f\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Alipay and WeChat Pay banned in the U.S.<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA-361x203.png\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA-361x203.png 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA-300x169.png 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA-178x100.png 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA-432x243.png 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/USA.png 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\"> The outgoing President Donald Trump signed an executive order banning the Chinese payment apps<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><span style=\"font-weight: 400\">\u00a0A few days before leaving the office, and amid the turmoil that engulfed the Capitol on 6 January, president Trump found the time to <a href=\"https:\/\/www.finextra.com\/newsarticle\/37215\/trump-signs-executive-order-banning-the-use-of-chinese-payments-apps\" rel=\"noopener nofollow\" target=\"_blank\">sign an executive order<\/a> banning the use of Chinese payment apps, including Alipay (Ant Group) and WeChat Pay (Tencent). National security is cited to be the main reason behind this decision, as the apps allegedly have the capabilities to capture data on the devices they are installed on, and could be used to target U.S. federal employees.<\/span><\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/payment-service-providers-challenges\/\" target=\"_blank\" rel=\"noopener\">challenges and opportunities in PayTech<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_60006dbc8de90\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">German neobank N26 with license to operate in Brasil<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo-361x203.png\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo-361x203.png 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo-300x169.png 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo-178x100.png 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo-432x243.png 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/N26-logo.png 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">The neobank plans to compete with the domestic leader Nubank<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><span style=\"font-weight: 400\"><a href=\"https:\/\/n26.com\/en-eu\" rel=\"noopener nofollow\" target=\"_blank\">N26<\/a> dreams big: and the next dream to come true is entering the Brazilian market. The German neobank had this goal at least since 2019, but it finally seems achievable, as<a href=\"https:\/\/www.businessinsider.com\/n26-brazil-debut-pits-it-against-nubank-2021-1?IR=T\" target=\"_blank\" rel=\"noopener nofollow\"> the Brazilian Central Bank granted N26 with the license<\/a> to carry out credit operations in the Latin American country. But it\u2019s not all rainbows and unicorns for the neobank. The competition is strong on the Brazilian market, and N26 will face the challenge of competing with the domestic leader Nubank: the world&#8217;s largest neobank by customers and valuation, although it operates solely in Brazil and Mexico.<\/span><\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/rise-of-african-neobanks\/\" target=\"_blank\" rel=\"noopener\">neobanks in Africa<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_60006fa78de92\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">The UK starts the consultative process regarding cryptoassets and stablecoins<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"84\" height=\"60\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2019\/04\/gb@3x.png\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"72% of UK startups feel optimistic about the next 12 months\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">After leaving the UE, the country shapes its regulatory landscape independently<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><span style=\"font-weight: 400\">Having left the European Union\u2019s financial regulatory regime without agreeing on the so-called mutual recognition, the United Kingdom faces the challenge of establishing its own regulations. The government <\/span><a href=\"https:\/\/www.finextra.com\/pressarticle\/85641\/uk-regulatory-approach-to-cryptoassets-and-stablecoins-consultation-and-call-for-evidence\"><span style=\"font-weight: 400\">issued a document<\/span><\/a><span style=\"font-weight: 400\"> inviting a wide range of stakeholders to take part in the first stage consultative process with the goal of regulating the use of cryptoassets and stablecoins in the UK. The document can be accessed <\/span><a href=\"https:\/\/www.finextra.com\/finextra-downloads\/prdocs\/hm_treasury.pdf\"><span style=\"font-weight: 400\">here<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/fintech-wire-10-weekly-news-29-december-2020-4-january-2021\/\" target=\"_blank\" rel=\"noopener\">post-Brexit trading in the previous issue of FinTech Wire<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_60006fb68de93\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">The online lender SoFi goes public<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi-361x203.jpg\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi-361x203.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi-300x169.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi-178x100.jpg 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi-432x243.jpg 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2020\/10\/Sofi.jpg 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">The startup agreed on a deal with a SPAC backed by Chamath Palihapitiya\u2019s venture capital<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><span style=\"font-weight: 400\">It was long anticipated: Social Finance (<a href=\"https:\/\/sofi.com\/\" target=\"_blank\" rel=\"noopener nofollow\">SoFi<\/a> for friends) is closing a deal to go public by merging with Social Capital Hedosophia Holdings Corp V, a blank-check company led by Chamath Palihapitiya. <a href=\"https:\/\/www.axios.com\/sofi-going-public-via-spac-70f162e5-cb6e-41cb-832d-85ad2ed8325e.html\" target=\"_blank\" rel=\"noopener nofollow\">The deal values SoFi<\/a> at around $8 billion, just the company raised $370 million in private funding. However, the news are still not official and sources caution that the talks could still collapse.<\/span><\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/fintech-wire-3-weekly-news-27-october-2-november-2020\/\" target=\"_blank\" rel=\"noopener\">SoFi efforts to receive banking license<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-more-news-from-fintech-wire-coming-next-week\">More news from FinTech Wire coming next week!<\/h2>\n\n\n\n<p>Will SoFi finally close its deal? Will the UK come up with its own financial regulations? We will surely find out over the course of the next months to come. Follow Code &amp; Pepper on social media if you don&#8217;t want to miss a thing!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How is 2021 going so far? Maybe it\u2019s hard to tell after a few weeks, but one thing is true: the FinTech world won\u2019t stop surprising us with innovations, rumours, and even scandals. So what news made headlines of the top industry media last week? Read on!<\/p>\n","protected":false},"author":20412,"featured_media":21995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1641],"tags":[1726,1659,1407,1727],"class_list":["post-21993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-wire","tag-banking","tag-neobanking","tag-paytech","tag-regtech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper<\/title>\n<meta name=\"description\" content=\"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper\" \/>\n<meta property=\"og:description\" content=\"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\" \/>\n<meta property=\"og:site_name\" content=\"Code &amp; Pepper\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/codeandpepper\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T09:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-16T10:53:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Julia Paduszynska\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@codeandpepper\" \/>\n<meta name=\"twitter:site\" content=\"@codeandpepper\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Julia Paduszynska\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\"},\"author\":{\"name\":\"Julia Paduszynska\",\"@id\":\"https:\/\/codeandpepper.com\/#\/schema\/person\/e2695b86d618202de3672beb4b76caf1\"},\"headline\":\"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape\",\"datePublished\":\"2021-01-12T09:23:00+00:00\",\"dateModified\":\"2021-02-16T10:53:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\"},\"wordCount\":211,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/codeandpepper.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\",\"keywords\":[\"Banking\",\"Neobanking\",\"PayTech\",\"RegTech\"],\"articleSection\":[\"FinTech Wire\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\",\"url\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\",\"name\":\"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper\",\"isPartOf\":{\"@id\":\"https:\/\/codeandpepper.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\",\"datePublished\":\"2021-01-12T09:23:00+00:00\",\"dateModified\":\"2021-02-16T10:53:49+00:00\",\"description\":\"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!\",\"breadcrumb\":{\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage\",\"url\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\",\"contentUrl\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/codeandpepper.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/codeandpepper.com\/#website\",\"url\":\"https:\/\/codeandpepper.com\/\",\"name\":\"Code & Pepper\",\"description\":\"FinTech Developers\",\"publisher\":{\"@id\":\"https:\/\/codeandpepper.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/codeandpepper.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/codeandpepper.com\/#organization\",\"name\":\"Code & Pepper\",\"url\":\"https:\/\/codeandpepper.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/codeandpepper.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2019\/06\/logo.png\",\"contentUrl\":\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2019\/06\/logo.png\",\"width\":319,\"height\":144,\"caption\":\"Code & Pepper\"},\"image\":{\"@id\":\"https:\/\/codeandpepper.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/codeandpepper\/\",\"https:\/\/x.com\/codeandpepper\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/codeandpepper.com\/#\/schema\/person\/e2695b86d618202de3672beb4b76caf1\",\"name\":\"Julia Paduszynska\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/codeandpepper.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/275b9bc5aa71d3e05d8fcdb26b977a783b2557e4abfa64e819ed6bb6c7c47aa7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/275b9bc5aa71d3e05d8fcdb26b977a783b2557e4abfa64e819ed6bb6c7c47aa7?s=96&d=mm&r=g\",\"caption\":\"Julia Paduszynska\"},\"description\":\"Digital marketing enthusiast with a knack for inbound strategies that help tech and SaaS startups reach global audiences. Always looking for new ways to learn and share knowledge.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/julia-paduszyska\/\"],\"url\":\"https:\/\/codeandpepper.com\/author\/julia-paduszynska\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper","description":"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/","og_locale":"en_US","og_type":"article","og_title":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper","og_description":"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!","og_url":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/","og_site_name":"Code &amp; Pepper","article_publisher":"https:\/\/www.facebook.com\/codeandpepper\/","article_published_time":"2021-01-12T09:23:00+00:00","article_modified_time":"2021-02-16T10:53:49+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg","type":"image\/jpeg"}],"author":"Julia Paduszynska","twitter_card":"summary_large_image","twitter_creator":"@codeandpepper","twitter_site":"@codeandpepper","twitter_misc":{"Written by":"Julia Paduszynska","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#article","isPartOf":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/"},"author":{"name":"Julia Paduszynska","@id":"https:\/\/codeandpepper.com\/#\/schema\/person\/e2695b86d618202de3672beb4b76caf1"},"headline":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape","datePublished":"2021-01-12T09:23:00+00:00","dateModified":"2021-02-16T10:53:49+00:00","mainEntityOfPage":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/"},"wordCount":211,"commentCount":0,"publisher":{"@id":"https:\/\/codeandpepper.com\/#organization"},"image":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage"},"thumbnailUrl":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg","keywords":["Banking","Neobanking","PayTech","RegTech"],"articleSection":["FinTech Wire"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/","url":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/","name":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape | Code &amp; Pepper","isPartOf":{"@id":"https:\/\/codeandpepper.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage"},"image":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage"},"thumbnailUrl":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg","datePublished":"2021-01-12T09:23:00+00:00","dateModified":"2021-02-16T10:53:49+00:00","description":"A big blow for Chinese payment apps, but good news for N26 neobank and online lending startup SoFi: learn more about the latest FinTech News!","breadcrumb":{"@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#primaryimage","url":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg","contentUrl":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/01\/FintechWire_1200x628_11.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/codeandpepper.com\/fintech-wire-11-chinese-payment-apps-banned-in-the-u-s-and-the-uk-shapes-its-regulatory-landscape\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/codeandpepper.com\/"},{"@type":"ListItem","position":2,"name":"FinTech Wire #11: Chinese Payment Apps Banned in the U.S. and the UK Shapes its Regulatory Landscape"}]},{"@type":"WebSite","@id":"https:\/\/codeandpepper.com\/#website","url":"https:\/\/codeandpepper.com\/","name":"Code & Pepper","description":"FinTech Developers","publisher":{"@id":"https:\/\/codeandpepper.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/codeandpepper.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/codeandpepper.com\/#organization","name":"Code & Pepper","url":"https:\/\/codeandpepper.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/codeandpepper.com\/#\/schema\/logo\/image\/","url":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2019\/06\/logo.png","contentUrl":"https:\/\/codeandpepper.com\/wp-content\/uploads\/2019\/06\/logo.png","width":319,"height":144,"caption":"Code & Pepper"},"image":{"@id":"https:\/\/codeandpepper.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/codeandpepper\/","https:\/\/x.com\/codeandpepper"]},{"@type":"Person","@id":"https:\/\/codeandpepper.com\/#\/schema\/person\/e2695b86d618202de3672beb4b76caf1","name":"Julia Paduszynska","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/codeandpepper.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/275b9bc5aa71d3e05d8fcdb26b977a783b2557e4abfa64e819ed6bb6c7c47aa7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/275b9bc5aa71d3e05d8fcdb26b977a783b2557e4abfa64e819ed6bb6c7c47aa7?s=96&d=mm&r=g","caption":"Julia Paduszynska"},"description":"Digital marketing enthusiast with a knack for inbound strategies that help tech and SaaS startups reach global audiences. Always looking for new ways to learn and share knowledge.","sameAs":["https:\/\/www.linkedin.com\/in\/julia-paduszyska\/"],"url":"https:\/\/codeandpepper.com\/author\/julia-paduszynska\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/posts\/21993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/users\/20412"}],"replies":[{"embeddable":true,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/comments?post=21993"}],"version-history":[{"count":16,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/posts\/21993\/revisions"}],"predecessor-version":[{"id":22463,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/posts\/21993\/revisions\/22463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/media\/21995"}],"wp:attachment":[{"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/media?parent=21993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/categories?post=21993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/codeandpepper.com\/wp-json\/wp\/v2\/tags?post=21993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}