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European fintech Cleo AI successfully penetrates the US market with its financial advice chatbot, surpassing Monzo Bank's customer base in the UK. Southeast Asian fintechs fill the lending gap by providing credit to younger borrowers. Visa launches a $100 million fund to back generative AI startups working on commerce and payments. Fintech companies can learn from e-commerce companies' effective marketing and engagement strategies.
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How could the $100 million fund from Visa impact the growth and innovation of the generative AI startup ecosystem in the commerce and payments sectors?
How might Cleo AI's success in the US influence the fintech industry's global expansion strategies?
What are the potential implications of Southeast Asian fintechs filling the lending gap for the traditional banking sector?
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