Nubank’s AI Push, OpenAI’s Money Move & Parker’s Collapse
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Nubank’s AI Push, OpenAI’s Money Move & Parker’s Collapse
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Summary
Nubank crosses $5 billion in revenue and bets big on AI-powered banking, OpenAI launches ChatGPT personal finance with Plaid integrations, and corporate-card startup Parker suddenly shuts down after raising $243 million. We also break down Kraken’s IPO prep, Gemini’s $100 million expansion play, and why earned wage access is becoming the next battleground in banking.
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