In this segment from Where the Money Is, Motley Fool financial analyst Matt Koppenheffer highlights one financial tweet from the Twittersphere, that calls into question the celebration around Citigroup (C +1.19%) and its earnings beat this quarter. The tweet also points to the idea that Facebook (FB 2.62%) could be jumping into the payments business. Matt looks at some of the other big tech giants and their payments businesses, and says it would surprise him more if Facebook wasn't making a move toward mobile payments.
Facebook May Be On Its Way to Becoming the Next Hot FinTech Company
By Matt Koppenheffer – Apr 18, 2014 at 8:04AM
NYSE: C
Citigroup
Market Cap
$186B
Today's Change
(1.19%) $1.19
Current Price
$101.41
Price as of October 31, 2025 at 3:58 PM ET
Could Facebook be on its way to being the next big financial tech company?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.