I look at how the news about the spread of the coronovirus are cracking the global economic machine. Some may argue that the number of people effected is still low -- but that misses the entire point. The shock of a global pandemic has revealed weakness in the financial machine, sending the stock markets falling 10% year-to-date. Gross domestic product growth is expected to slow by billions of dollars, governments and central banks are unable to implement policy to compensate with rates at historic lows and borrowing at historic highs, public market valuations will tumble arithmetically, and private Fintech companies will lose a path to exit. At least that's what the conspiracy theorists want you to think!
Credit Karma is positioning itself to be more than just a place to check your credit score; the company currently has 80 million customers and currently has advantages in significant scale and the data it houses; they are now looking at using chatbots with their acquisition of “Penny” to further their relationships with their customers. Source
After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? Google’s Ulku Rowe on how innovative financial services...
Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
With Credit Karma in the news this week, we thought we would revisit a keynote given by CEO Ken Lin...
Credit Karma is looking to make managing your car related routines a lot easier by launching their auto information center; the new product will allow customers to manage their auto finances, insurance and other car related items like recall notices; the biggest benefit will allow users to shop for better auto insurance and loan refinance rates that will help make sure they are getting the best deal. Source.
Credit Karma CEO Ken Lin talked with Business Insider about the current crisis and what the company is doing to...
Credit Karma is best known for offering free credit scores; they now have 100 million users and are valued at...
While most of the fintech world has been focused on small businesses since the onset of the crisis there is...
We start out the week with yet another blockbuster fintech acquisition. The Wall Street Journal reported late Saturday that Intuit,...