Fintech and Crypto Commentary from Simon Taylor
Simon Taylor: Ramp adds token router and AI coding agent to address token-based variable software costs
Ramp has released a token router, an AI harness, and a coding agent, with these new offerings following the needs of its clients, according to Eglyman. In a post highlighted by Simon Taylor, ...
Ramp has $60 billion valuation and 70 percent of R&D on unreleased products, Simon Taylor notes
Expense management platform Ramp is valued at $60 billion, with 70 percent of its research and development team reportedly working on products that have not yet been released. Simon Taylor, ...
Simon Taylor: Instinct lets AI agents manage stablecoin balances with Visa payment option
Instinct now allows AI agents to spend from a user-assigned balance within specified limits, with those funds held in stablecoins. Purchases may still be processed via Visa, but banks are advised ...
Anthropic S-1 reveals $16.3bn revenue and $80.7bn net loss for first half 2026, Simon Taylor notes
Anthropic disclosed $16.3 billion in revenue and an $80.7 billion net loss for the first half of 2026, according to its S-1 filing. The company’s net loss included a $72.4 billion non-cash ...
Simon Taylor: SoFi launches deposit token paying 4.4% and linked to stablecoin
SoFi has launched a bank deposit token called SoFi Earn (SOFIE), which pays 4.4% interest and can be swapped into its stablecoin at any time. The announcement came one day after the OCC finalized ...
Nubank leads in scaled foundation model for lending, Simon Taylor notes
Simon Taylor, co-founder of 11:FS, stated that Nubank and Ramp are not far apart in their AI talent. He described Nubank as having the most scaled, dedicated foundation model for lending globally, ...
Simon Taylor: Tala has provided $10bn in unsecured onchain credit
Tala has lent $10 billion through unsecured onchain credit, with lending embedded in digital wallets and what Simon Taylor described as exceptional risk-adjusted results in high-risk markets. ...
Ramp submits OCC Trust Charter application for digital asset custody, Simon Taylor notes
Ramp has applied for an OCC Trust Charter to offer custody services for digital assets. Simon Taylor, co-founder of 11:FS, shared this news and added that he believes this move could enable Ramp ...
Simon Taylor: New protocol aims to enable Know Your Agent compatible with bank KYC processes
Simon Taylor, co-founder of 11:FS, said there is now a new protocol designed to enable 'Know Your Agent' instead of blocking agents. Taylor described this development as being compatible with ...
Enterprises can maintain privacy for financial details, Simon Taylor notes
Simon Taylor, identified as Co-Founder at 11:FS and linked at Simon Taylor, stated that salary and sales information should not be made public. Taylor argued that privacy is an expectation for ...
Simon Taylor: Rain launches embedded stablecoin wallets and files for national trust bank
Rain has launched embedded stablecoin wallets and, eight days ago, filed with the Office of the Comptroller of the Currency (OCC) for a national trust bank. Simon Taylor, co-founder of 11:FS, ...
Use of refund agents may increase sale costs for retailers, Simon Taylor notes
Simon Taylor, co-founder at 11:FS, considers the potential impact of consumer refund agents like Muse and Instinct on retailers' financials. He suggests that Q3 earnings may reveal higher cost of ...
Simon Taylor: Revolut plans U.S. expansion with credit cards and loans
Simon Taylor, co-founder at 11:FS, highlights that Nik Storonsky wants Revolut to directly compete with Chase and Amex in the U.S. market. According to Taylor, Storonsky told Bloomberg TV that ...
Agents and tokens will drive next fintech wave, Simon Taylor notes
Simon Taylor, co-founder at 11:FS, argues that while established fintech companies will continue to grow, the true next wave of innovation will center on agents and tokens rather than on cloud or ...
Simon Taylor: Data science role in finance offers unique opportunities
Simon Taylor, co-founder at 11:FS, highlights the appeal of data science jobs in finance. He cites the field's reliance on unique and expansive data sets as a factor that could make these roles ...
Open USD launches with $400 million liquidity, Simon Taylor notes
Simon Taylor, co-founder at 11:FS, reports that Open USD (OUSD) has launched on Tempo with over $400 million in first-day liquidity. The new stablecoin, built and governed by a group of more ...
Re-usable KYC allows secure proof sharing, Simon Taylor notes
Simon Taylor, co-founder at 11:FS, notes that re-usable Know Your Customer (KYC) processes are gaining traction in the U.S. He highlights how customers now have the ability to securely share ...
Simon Taylor: Stablecoin-linked card hype may bring AML and fraud risks
Simon Taylor, co-founder at 11:FS, raises concerns about current trends in the stablecoin-linked card market. He suggests that the industry is at the peak of its hype cycle and cautions that ...
Muse prompting bank industry concerns over core stability, Simon Taylor warns
Simon Taylor, co-founder at 11:FS, reports that leadership teams at three different banks—including two very large institutions—are currently alarmed by Muse. According to Taylor, these ...
Simon Taylor: Meta Muse agent to support multiple wallets including Meta Connect
Simon Taylor, co-founder at 11:FS, highlights that Meta's Muse agent will soon support multiple wallets, including a new option called Meta Connect. According to Taylor, existing wallet support ...
SoFi transitions card settlements to stablecoins with Mastercard, Simon Taylor confirms
Simon Taylor, co-founder at 11:FS, reports that SoFi has migrated its entire $25 billion card program onto stablecoin settlement with Mastercard. According to Taylor, SoFi Bank, N.A. holds a ...
