American Banker takes a look at some of the better know digital banks and how they are trying to build...
We look at why venture capital investors are slowing down, and the dynamics of how their portfolios work under duress. We talk about the incentives of limited partners to derisk exposure, the implication that has on cash reserves, new deals, and fundraising. We also touch on how the various Fintech themes are responding to an increase in digital interaction while seeing fundamental economic challenges. Shrewd competitors will be able to consolidate their positions and gain share during the crisis, but that will have to come from the balance sheet, not intermittent growth equity checks.
The most popular digital banking startup, Chime, has created a pilot program that allows its user to receive their $1,200...
An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....
Wells Fargo is still digging out from a PR disaster last week when the bank went offline for a large...
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
The growth of fintech has already had a tremendous impact on the banking system; but the business model for many...
The company has raised a $200 million Series D round which was led by DST Global; new investors include Coatue,...
According to a new survey by Cornerstone Advisors 6 percent of U.S. adults with a checking account consider a digital...
According to CB Insights challenger banks are the fastest growing fintech segment in the world; U.S. based Chime has been...