Michael and Johnny continue their Fintech tour in the Middle East by exploring the Saudi Arabia-based company, Paytabs. We give it a rich tech poor tech assessment, discuss its future outlook and growth strategies.

In News of the Week, we get some updates on the ever-evolving streaming wars - Disney Plus subscriber numbers disappoint, and AT&T is spinning off WarnerMedia and merging it with Discover.

Recorded Date: Sunday, May 23, 2021

Time Stamps

• 00:00:18: News of the Week
• 00:03:10: Paytabs
• 00:06:28: User and Societal value
• 00:11:57: Industry Value
• 00:14:30: Final Verdict and Future Outlook

Highlights

• It is Disney's turn to disappoint the streaming analysts with only 103 M vs. 109 M subscribers expected
• We have a new player in the ever-evolving streaming wars! WarnerBros + Discovery
• We go further east to the Middle East, specifically Saudi Arabia
• Saudi Arabia has a young highly tech-literate population and a vision to move to a completely cashless country in 10 years
• Paytabs is the Stripe of Saudi Arabia
• How can Paytabs evolve its service? Could it make it easier to launch online businesses?

Links

• Paytabs
• Saudia Arabia's open banking plans
• Subscriber growth disappointment at Disney Plus
• AT&T to Spin Off WarnerMedia & Merge It with Discovery

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