The big question in fintech for the last few years is what will happen when firms like Facebook, Google, Amazon...
Branchless banks have started to show their staying power when it comes to deposits in recent quarters even as they...
The $20 million round was co-led by HSBC and Goldman Sachs; Bud is a financial network, capitalizing on open banking...
Capify is a small business lender serving the UK and Australian markets; the company makes online merchant cash advances as...
On the heels of the Ant Financial IPO news earlier this week leading Chinese online wealth management platform Lufax is...
Goldman Sachs head of commodities research, Jeff Currie, told Bloomberg TV that bitcoin is a commodity though with less liquidity than gold; he explains, “"It's a commodity. A security, by definition, has a liability attached to it. Take a dollar bill, it has a liability to the US government. Commodities do not have liabilities.”; similar to gold it is not backed by a government or a company but is significantly more volatile. Source.
Welcome back to the Fintech Blueprint / Rebank podcast series hosted by Will Beeson and Lex Sokolin. In this episode, we talk through a few recent events that are indicative of the Fintech world right now. Brex raised an additional $150 million at a slightly improved valuation vs. its last round just as Monzo is reportedly looking at a 40% down round. Why? Shopify launched bank accounts for its merchants and announced the Shop app, basically an Amazon competitor plus Klarna, just as it worked with Facebook to support the launch of Facebook Shops and joined the Libra Association. Lots going on. Lastly, we discuss why Goldman’s M&A activity over the past couple years leads to the natural conclusion that they should buy Schwab.
Business insider opened an account with Marcus to better understand the product; they report on why other financial institutions should...
Welcome back to the Fintech Blueprint / Rebank podcast series hosted by Will Beeson and Lex Sokolin. Max Friedrich is a fintech analyst a ARK Invest, a public markets investment manager focused on disruptive technologies including autonomous tech, robotics, fintech, genomics and next generation internet. Max recently published a report on digital wallets, including Venmo and Square’s Cash App, which is available for download on ARK’s website. In this conversation, we explain why Cash App has seen exponential growth.
The payment company announced the news that they were launching a cryptocurrency yesterday; it aims to be the digital version...