FinTech news in Snap category

With the company announcing its quarterly financial results on July 21, one thing to listen for is whether it elaborates any further on either of these fronts, which, conveniently, would help Snap bolster the message to investors that it’s working on more ideas to generate revenue, to complement, or offset, whatever ups and downs it might face in the advertising market. The leak of the NFT test seems to be part of a mini product sprint at Snap: It’s coming just days after Snapchat launched its premium subscription Snapchat Plus. FT’s report noted that Snap doesn’t plan to take any money from creators to show off their digital collectibles — just like Twitter, Instagram and Facebook. In the latest development, Snap is exploring ways to let artists show off their digital collectibles as AR filters on Snapchat.