Transportation Secretary Sean Duffy wants us to return to the golden age of air travel, when nobody got into a punching match for reclining a seat into someone else's lap. He says this golden age starts with us, and he has a whole campaign prepared! I assume it will involve more humane accommodations for travelers'or less harrowing working conditions for the flight attendants charged with both crowd control and safety. Or modernizing air-traffic control to make it safer and more efficient. Now to lower my tray table, take a sip from my tiny plastic cup dangerously overfilled with cranberry juice, and see what he has recommended. There's a video with footage of air travel seemingly from the 1960s' He is in a suit' And he wants us to dress 'with respect,' and 'go back to an era when we didn't wear pajamas to the airport'' Sometimes I wish I did not know the difference between correlation and causation. I think I would be happier. I would certainly have a lot more suggestions for solving problems. And I could tell people, with a straight face, to wear suits to the airport to usher back in a golden age....
' Hey, Linas here! Welcome back to a ' weekly free edition ' of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & most important money movements, it's the only newsletter you need for all things when Finance meets Tech. Purple Reign, or how Nubank built an AI moat competitors can't touch ''' [deep dive into NU's 3Q 2025, breaking down the most important facts & figures, understanding what they mean, and why you should be bullish on NU] Ramp's $32 billion valuation, or the dawn of autonomous finance '' [latest numbers, why they matter, and what's the big picture here + bonus dives into Ramp's biggest competitor Brex and more resources on Agentic Finance inside] Block's 3Q 2025 & Investor Day position it as an AI-driven FinTech juggernaut approaching an inflection point '' [breaking down their most important financials & product focus to see whether this FinTech giant is worth your time and money + bonus deep dive into PayPal inside]...
Good morning & happy Tuesday! Today we're diving into Ramp's latest fundraise at $32 billion valuation, or why it marks the dawn of autonomous finance (latest numbers, why they matter, and what's the big picture here + bonus dives into Ramp's biggest competitor Brex and more resources on Agentic Finance inside), and Revolut which is now doubling down on travel ecosystem (what Revolut Fast Track & partnership with Booking.com is all about, why it could be huge and why Revolut's strategy is just brilliant here + bonus reads on OpenAI's master plan to become the ultimate Super App of the West & more reads on Revolut inside). So let's just jump straight into the awesome stuff '' The news '' FinTech giant Ramp has just secured $300 million in new funding at a whopping $32 billion valuation, representing an insane 42% increase from its $22.5 billion valuation just 4 months ago. Let that sink in ' Led by Lightspeed Venture Partners with participation from Founders Fund, Iconiq Capital, Khosla Ventures, and new investors including Bessemer Venture Partners and Robinhood Ventures, this financing perfectly illustrates growing investor conviction in AI-powered financial automation....
Google is rolling out new AI-powered features to book and plan travel in Search, the company announced on Monday. The tech giant is expanding availability for its AI-powered 'Flight Deals' tool, adding the ability for users to organize travel plans with its 'Canvas' tool in AI Mode, and launching agentic booking capabilities to more people. Google first launched Flight Deals back in August in the U.S., Canada, and India. Now, the company is expanding the AI-powered search tool within Google Flights globally to help people quickly find affordable destinations. Flight Deals is now rolling out to more than 200 countries and territories worldwide, including the U.K., France, Germany, Mexico, Brazil, Indonesia, Japan, and Korea. The tool is also getting support for more than 60 languages. As for the new AI Mode features, Google says users can now use the built-in Canvas tool to create travel plans. Canvas, which first launched as a way to build study plans and organize information over multiple sessions in a side panel, can now help users plan their upcoming trips....