Block's Q4 2022 earnings surpassed market expectations. Dorsey outlined the future focus for the business.
Small businesses have better access to financial tools than ever before. Leading the way here is Square Banking, an integrated suite of fintech products for small business owners.
A group of 37 community groups sent a joint letter to the FDIC opposing the ILC application for the fintech...
The Independent Community Bankers of America have expressed concern about Square’s plans for a bank charter; they believe it would set a precedent for other tech companies like Amazon; According to Jacqueline Reses, Amazon and Facebook haven’t expressed interest in a banking license and they would have to be evaluated on their own merits; Square also recently met with the National Community Reinvestment Coalition to address concerns with the Community Reinvestment Act. Source
The largest online small business lender in the US is now PayPal having done $4 billion in loans in 2018;...
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.
Colombian fintechs have been very active in the VC space in 2024, with a number of startups raising over $150 million in funding so far.
GreenSky noted in their end of the year earnings call that their acquisition costs were among the best in the...
One of the biggest questions the crypto and blockchain communities have yet to answer is when would these technologies reach...
The FDIC proposed new standards for companies seeking an ILC charter including parent companies agreeing to examinations, specialized capital and...