This Forbes piece digs into how financial services companies might be impacted by the Coronavirus; both Visa and Mastercard have...
When banks pulled back from lending to any small business perceived as risky in the wake of the financial crisis...
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This week, we cover these ideas:
How market structure determines the types of companies and projects that succeed
A walk through Marqeta’s economics and business model, and how Square’s Cash App and DoorDash were needed for success
The emerging $10B transaction revenue pool on Ethereum, MEV, and the changes to mining and gas
Square has started to allow some of its Cash mobile app users to buy and sell the cryptocurrency through the app; a Square spokesperson said, “We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers,” as reported by Crowdfund Insider. Source.
The average loan size for PPP loans to date is $240,000 which fintech lenders have argues is catering to bigger...
Square upgrades Cash App into a payment processing powerhouse, completing the loop between the consumer and merchant side of the house. Goldman Sachs acquires GreenSky, adding a lending business at the point of intent. This analysis connects these symptoms into a framework explaining the increasing integration between commerce and finance, and the increasing role that demand generation plays. That in turn explains how the attention and creator economies interconnect with financial services.
Fiserv‘s acquisition of First Data points to the power of fintech and the threat it poses to more traditional payments...
One of the biggest questions the crypto and blockchain communities have yet to answer is when would these technologies reach...
Square has launched its mobile payment services for businesses in the UK; the UK marks the fifth country to offer the firm's services and Jack Dorsey says the firm plans to also expand further throughout Europe; with the launch, small businesses in the UK can now begin to use all of the services offered through the firm's feature products, the Square Reader and the Square Point of Sale app for transactions. Source
Cash flow is often a challenge for businesses; with Square’s Instant Deposit merchants can access bank deposits much faster for a 1% fee; Square hopes this will help attract even larger merchants and boost revenue; the service has already seen success in the US market. Source