This week's list of top stories in fintech:

Nubank files to go public

• The filing is private but we know it exists.
• May mean a public filing by year end.
• Filed in both the U.S. and Brazil.
• Biggest fintech IPO ever?

Chime In Talks To Go Public At $35 Billion To $45 Billion Valuation

• Targeting a March 2022 IPO
• Revenue will be $900m - $1b this year
• At a $45b valuation Chime would be a top 50 bank in the world.

Stripe Strikes Tie-Up With Klarna After Frenzy of Rival Deals

• Stripe retailers can now offer Klarna BNPL
• Huge win for Klarna, biggest partnership to date
• Flurry of partnerships in the BNPL space

Justice Department Probes Visa’s Relationships With Fintech Firms

• Part of antitrust investigation of Visa
• Visa offered financial incentives to PayPal
• Similar incentives offer to Cash App
• Question is if Visa is providing disincentives for payments over other rails.

Mastercard to offer pay with crypto partnership with Bakkt

• Mastercard costumes will be able to pay with crypto and earn rewards
• One billion cardholder globally will soon have crypto payments capability
• Bakkt stock was up 200% on the news.

The SEC is likely to get the green light to target stablecoins this week, report says

• New report will detail the SEC’s powers in regulating stablecoins.
• Market is worth $131 billion
• Report will highlight how Biden admin will regulate the sector with SEC, CFTC
• Report expected to be published this week.

Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

• Total revenue was $365m, $51m from crypto trading
• Down from $233m in crypto trading in Q2
• Net loss of $1.32b, much bigger than expected
• Stock dropped 10% on Wed

LendingClub Loan Originations Up 14% Q/Q, Marketplace Revenues Gain 15%

• Originations up 14% to $3.1b in Q3
• Revenues $246m, up 20%
• Auto finance business up 85%
• Beat guidance in all areas, stock up 33% today