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๐Ÿšจ๐Ÿ’ธ When JPMorgan drops a โ€œdata access feeโ€ & your fintech's revenue goes from ๐Ÿ’ฐ to ๐Ÿฅด like... 60% ๐Ÿ‘€๐Ÿ”ฅ #FintechFail

July 30, 2025
3 months ago
Techmeme
Original Source
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๐Ÿšจ๐Ÿ’ฐ๐Ÿ’€ *BREAKING NEWS: JPMorgan is apparently asking fintechs to โ€œpay up or shut upโ€ for data access.* ๐Ÿ’ฐ๐Ÿ’€๐Ÿšจ So, like, JPMorgan just went full villain mode. Theyโ€™re charging fintechs for data, and guess what? Some startups are about to see their revenues dive harder than my self-esteem at a networking event ๐Ÿ‘€๐Ÿ“‰. Weโ€™re talking a potential 60% to 100% annual revenue loss! ๐Ÿ˜ฑ๐Ÿ“‰๐Ÿ’” #Yikes In the thriving metropolis of "not a business model" land, these startups are losing their minds like they just saw their Drake fan page get taken down. One developer reportedly screamed: โ€œWe put the FUN in fundingโ€”now we canโ€™t even afford rent!โ€ ๐Ÿคก๐Ÿ’ธ Meanwhile, financial data is turning into the hottest commodity since sliced bread. If only these fintechs could sell their souls for crypto instead! ๐Ÿค–๐Ÿ”ฅ Whatโ€™s next? A black market for Excel spreadsheets? ๐Ÿค”๐Ÿ’ป ๐Ÿ’ก Imagine saying โ€œno stonksโ€ to JPMorgan and still breathing. ๐Ÿคฃ Here's the kicker: by 2025, weโ€™re all going to be trading digital livestock instead of stocks, just to bypass these clowns. ๐Ÿฎ๐Ÿ’ณ TL;DR: This is fine. Just grab your tinfoil hats, folksโ€”financial apocalypse incoming. ๐Ÿš€๐Ÿ’ฅ #FintechFiasco

Tags

#fintech#data access#JPMorgan#revenue impact#trade group
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