Executives from Goldman Sachs and Stripe sparred last week at CB Insights Future of Fintech event about where the industry...
In this conversation, we chat with Hany Rashwan – the founder of Amun and 21Shares. Hany built the company that put out the first physically backed crypto Exchange Traded Product (ETP). In simpler terms, he created a vehicle for people to buy crypto assets, such as Bitcoin or Ethereum, on the stock market. Alongside Cathie Wood of ARK, 21Shares recently submitted a Bitcoin ETF to the SEC. While he waits for the US to get on board, Hany's products are already offered all over Europe, with more than $3 billion under management.
More specifically, we touch on his early entrepreneurial mindset which lead him to building successful businesses, how currency devaluation in Egypt pushed him to create 21Shares, what an Exchange Traded Product (ETP) is and how it related to Exchange Traded Funds (ETFs), the regulatory landscape for crypto-backed ETPs, and so so much more!
Even after a few difficult weeks for crypto, Stripe announced a decentralized crypto onramp for developers powered by Zero Hash.
In the last 18 months there has been a wave of consolidation in the payments sector and that trend looks...
Fiserv‘s acquisition of First Data points to the power of fintech and the threat it poses to more traditional payments...
Lex interviews Ashwin Kumar - Stripe's Head of Startups for Banking-as-a-Service.
Stripe, a company worth $22.5 billion is working with Amazon and Apple in warning about the impact of new rules...
This week, we look at Betterment launching a bank account and payments feature. They are not the first, but they could be the best! Still, it feels like the world has moved on. Barriers to entry around digital finance have collapsed, and shifted industry goal posts. Hundreds of companies are integrating API-based solutions that connect to banking and investment entities. Amazon, Google, and Apple are there already. And let's not forget the incredible pressure from the COVID recession: 20MM+ unemployed, $100 billion decrease in global remittances, 1 in 8 banks being unprofitable. Is it time for incremental improvement, or a sea change?
The partnership with Stripe will ultimately help marketplace or gig economy workers get paid faster through Cross River’s API platform;...
A new survey by Promotory Interfinancial Network of 543 senior bank executives showed that their number one fear is the...