According to CB Insights challenger banks are the fastest growing fintech segment in the world; U.S. based Chime has been...
New research from Apptopia shows that the leading digital banks in Europe are off to a slow start in the...
Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
The current pandemic has shaken our world in ways most of us could not even imagine and fintech companies have...
This week, we look at:
PwC estimating that $900 billion has been wasted on digital transformation projects for enterprise, meaning finance is vulnerable
Chime is worth $15 billion in the latest round of valuation, same as $200B+ depository bank Fifth Third, which is quite the achievement
Decentralized exchange Uniswap distributing 60% of its token to the community, flipping the ownership and value accrual model
As a thought experiment -- today, if you want to save for a house, you may create a financial plan in Betterment and wait for the portfolio to accrue. Tomorrow, you may bring cashflows to a housing protocol which intermediates property markets, and build your portfolio directly into your desired goal of buying a house. Your stated selection and articulation of that goal, by choosing the housing protocol, generates value on its own through rewards, participation, governance, and various interest rate products.
Today we're joined by Brett King, founder and executive chairman of Moven, one of the world's original digital banks, and Lex Sokolin, global head of fintech at ConsenSys. Lex and I discussed Moven's recent announcement to shutter its B2C business on episode 170 of Rebank. And we're happy to have the opportunity to connect with Brett directly to discuss the decision in more detail.
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
Leading digital bank Chime has launched an innovative new credit card called Credit Builder; surveys have shown that most millennials...
According to a new survey by Cornerstone Advisors 6 percent of U.S. adults with a checking account consider a digital...
This week, we look at:
Chime, eToro, and Wise targeting the public markets through IPO and SPACs, and their operating performance
The overall growth in fintech mobile apps, their install rates and market penetration (from 2.5 to 3.5 per person), and whether that growth is sustainable
The implications for incumbents from this competition, and in particular the impact on money in motion vs. money at rest
Broader financial product penetration and an anchoring in how the technology industry was able to get more attention that we had to give