one of the weirdest tech booms we’re seeing is the advent of every company becoming a bank https://t.co/8UOTF3tuGg

— alex (PVD) (@alex) October 28, 2019

Is there anybody any more who *doesn’t* want to be a bank? https://t.co/mARdOVm1A0

— Felix Salmon (@felixsalmon) October 28, 2019

Just who you want involved with your money https://t.co/pGlxBvyRYV

— Hipster (@Hipster_Trader) October 28, 2019

Awww look another really sweet loving Silicon Valley corp that wants to help the unbanked. https://t.co/KJe6LIfOV0

— Linette Lopez (@lopezlinette) October 28, 2019

Uber and Lyft know their drivers are low-income.
They want to guarantee driver lock-in by getting drivers into a branded bank account.
The bank accounts guaranteed have no savings interest but do have gas perks. https://t.co/rPxAoBVpqH

— Ryan Ford ? (@TheRyanFord) October 28, 2019

Let me guess—they’re not a bank though, and shouldn’t have to comply with banking regulations because they’re just the software platform, right? ??

Also, unbanked people of the world—do NOT trust these slime balls with your money. @uber is all about exploiting the vulnerable. https://t.co/jt4DfI1k6S

— Carol Kim (@carolkimSD) October 28, 2019

new: @Uber wants to offer financial services to the world’s unbanked: Announces new Uber Money division, w/ digital wallet and upgraded debit & credit cards. After giving drivers a no-fee bank account, riders could be next... ?? https://t.co/d2L5xHNrSp

— Hugh Son (@Hugh_Son) October 28, 2019

The co that ushered in an era of low paid gig workers is building financial products to help low paid gig workers? Also, “Uber Money”? ? https://t.co/0QDnKrlM3V

— Farhad Noorzay (@farhadnoorzay) October 28, 2019

The wechat effect.
Doubtful if such Fintech everywhere approach will work in open societies used to optionality. https://t.co/4RK5ZOVvDW

— AshishAnand (@CryptFyn) October 28, 2019

Incredibly proud of the @Uber Money team on today's launch:
- Real-time earnings
- Uber Debit Account & Uber Debit Card
- Uber Wallet
- (updated) Uber Credit Card

Congrats @phazlehurst and team! Just getting started. https://t.co/Sh1rm2kETQ

— manikgupta (@manikgupta) October 29, 2019

Uber has set up a new division, Uber Money, that will house its financial services products for riders and drivershttps://t.co/cmQCW4Ir6i

— Axios (@axios) October 28, 2019

Uber Money is Uber’s new team focused on financial products and services – TechCrunch #uber #ubermoney #fintech @meganrosedickey https://t.co/HvHy8mcqhP

— Evan Kirstel at #VonageCampus in #SanFrancisco (@evankirstel) October 28, 2019

Uber—finally—is doubling down on financial services: https://t.co/cpHnN96Kqk

— Kate Clark (@KateClarkTweets) October 28, 2019

new: @Uber wants to offer financial services to the world’s unbanked: Announces new Uber Money division, w/ digital wallet and upgraded debit & credit cards. After giving drivers a no-fee bank account, riders could be next... ?? https://t.co/d2L5xHNrSp

— Hugh Son (@Hugh_Son) October 28, 2019

Uber to create Uber Money https://t.co/0lOtjRwezD

(Read the room...)

— Peter W. Singer (@peterwsinger) October 29, 2019

Uber announces deeper push into financial services with Uber Money

Here come payday loans for drivers, how can they suck more blood out of the rock?https://t.co/MeZJcgvHo9

— Sergio A. (@sergioaved) October 28, 2019

Fintech is eating the world "Under pressure to turn a profit amid competition from new ride-sharing entrants around the world, Uber is betting that by building out its financial ecosystem, it can keep drivers and riders loyal to its platform." https://t.co/x47sBPoDxD

— Sheel Mohnot (@pitdesi) October 28, 2019

Every. One. Wants. In. On. Digital. Money. https://t.co/LPArwhggru

— Travis Kling (@Travis_Kling) October 28, 2019

Hello #UberMoney! This is what my team had been building the last year. So proud of the dedicated eng that have pushed hard in the last couple of weeks to ship this product. As I've told my team this morning: This is just the beginning! https://t.co/Y1wNNctkbo #money2020

— Johnie (@Johnie) October 28, 2019

The @Uber Money is positive disruption.
Wide scale #InstantPay for drivers/couriers -
"get access to your earnings in real time" - is both a best-fit for gig economy & an empowering freedom for low-wage workers. PayDay lenders will hate this (a good sign) https://t.co/Yu2GF213vI

— Jeff Garzik (@jgarzik) October 28, 2019

Uber money. Makes sense. Bitcoin makes more sense. https://t.co/7LixEm6x3x

— Jason A. Williams ? (@JWilliamsFstmed) October 28, 2019

Uberの金融サービス。将来的にはユーザーがプラットフォーム上で口座が作れるように目指すとの事。よりシームレスなUberの世界を。 - https://t.co/d0IVoqVcAW

— カドウチタクミ / Origami (@takumikadouchi) October 29, 2019

Interesting: #Uber announces deeper push into #finserv with #UberMoney #VC #fintech #banking #finserv #cryptocurrency #finance #banks #blockchain #regtech #Insurtech @OttLegalRebels @neirajones @FGraillot @JimMarous @TamaraMcCleary @thomaspowerhttps://t.co/VXRhXQZT2d

— John C. Maxwell III (@maxjcm) October 28, 2019

Uber announces deeper push into financial services with Uber Money https://t.co/TeOS3twk6Z

— Oliver Bussmann (@obussmann) October 28, 2019

Now we know why @uber has been hiring so many finance people. Today they announced the launch of Uber Money, a new initiative that includes a digital wallet and enhanced credit and debit cards: https://t.co/bchzhFfgzQ via @CNBC #fintech

— Peter Renton (@LendAcademy) October 28, 2019

brb gonna scream into a pillow real quick https://t.co/dnVrC5HF7V

— Edward Ongweso Jr (@bigblackjacobin) October 28, 2019

Eventually, every company becomes a Fintech. https://t.co/MWFWuuvxJ4

— Alan Tsen - Out Of Office (@alantsen) October 28, 2019

Very interesting move from @Uber, having just unveiled "Uber Money", a division for efforts like digital wallets and upgraded debit and credit cards, etc..

Something tells me there is a digital currency play here somewhere...https://t.co/faz3l0E9HX

— Genia?比特币 (@GeniaMiinko) October 28, 2019

Uber, 금융 서비스에 초점을 둔 "Uber Money"사업부 설립 https://t.co/6c9VQAExhU
• 실시간 수입 : 주간 지불을 기다리거나 Instant Pay를 통해 현금을 인출하는 대신, Uber Debit 계정을 통해 매 여행 후 운전자와 택배원은 수입에 실시간으로 액세스할 수 있습니다.

— editoy (@editoy) October 29, 2019

.@Uber launches #UberMoney https://t.co/njaSMUxmk8. It offers real-time earnings streamed to the mobile app or debit card.

There have been hints of a @Ripple-Uber partnership for years.

Anyone know more about this?

— Mark Phillips (@Mark_Phillips) October 29, 2019

Does this inspire thoughts of "the company store" in anyone else? Introducing Uber Money https://t.co/yRnkmnTVAt

— Sarah Kocianski (@SarahKocianski) October 29, 2019

As Uber tries to become a super app by merging Ride & Eats, adding transit, enabling hiring temporary workers, etc I'm reminded of the Grubhub shareholder letter that argued driver costs kills any economies of scale.

Their core business is a loss leader.
https://t.co/Lz4XR0d4Z7

— Dare Obasanjo (@Carnage4Life) October 29, 2019

Congrats @phazlehurst and entire Uber Money team. I worked with Peter on Google's Payment stack; he's one of the most knowledgeable innovators in the space and a good human to boot. Excited to see how UM evolves to help underbanked worldwide. https://t.co/XHAuhZuXKM

— Ethan Eismann (@eeismann) October 29, 2019

?#Uber #money is Uber’s new team focused on #financial #products and services https://t.co/yqVBtYwr8e #fintech #payments #drivers @sammaule @JimMarous @TheRudinGroup @YuHelenYu @netbanker @SpirosMargaris @avrohomg @JolaBurnett @Paula_Piccard @digitalcloudgal @thinkpayments pic.twitter.com/hCjCUguuRa

— Xavier Gomez (@Xbond49) October 29, 2019

I know this has nothing to do with #Crypto (for now) but @Uber were one of the companies involved in Facebook's "Libra" project.. I think we should keep an eye on them now that they're looking to get their beaks wet in instant payment services(?) https://t.co/PSpxnWFhqt

— Rob_Cash71 (@Rob_Cash71) October 29, 2019

Straight out of the Gojek/Grab playbook, Uber has launched a fintech unit that's focused on "giving people access to the type of financial services they were excluded from"https://t.co/AJVkOxYeYY

— Jon Russell (@jonrussell) October 29, 2019

2015: “Any app eventually becomes a messaging app”

2020: “Any app eventually becomes a wallet” https://t.co/I2PQ0RTZnG

— Dror Poleg (@drorpoleg) October 29, 2019

Uberが金融業にまで徐々に参入し始めた。たしかデビットカードを発行してたけど、それ以上のサービスを確立する感じか

Uber announces deeper push into financial services with Uber Money https://t.co/13ul86FNVu

— 福家 隆?Takashi Fuke (@takashifuke) October 29, 2019

Am I seeing this right???
Uber is opening the world to digital currency. #XRPcommunity@thebearablebull @Kevin_Cage_ #xrpthestandardhttps://t.co/krmyl1uAxx

— Henry Holdings (@Mike_XRP_Money) October 28, 2019

it is as if banks will not or cannot not help with banking services, and as nature abhors a vacuum, non banks step in to fill the needs. i am mot singling out Uber here, as the same story repeats itself with many more corporations. https://t.co/lSaMFoTHE3

— pascalb?uvier ≠ (@pascalbouvier) October 28, 2019