X MONEY LAUNCHES AS ELON MUSK ADVANCES HIS “EVERYTHING APP” VISION

Summary from the TLDR Fintech newsletter

X Money is now available for Premium subscribers. The service combines peer-to-peer payments, direct deposit, bill pay, wire transfers, checks, and an FDIC-insured deposit account inside the social platform. It also includes a Visa debit card with up to 3% cash back and accounts offering up to 6% APY, bringing Musk closer to turning X into a full financial super app.