Read the letter a fintech-focused VC sent investors laying out why ‘hype rounds’ that drove ballooning valuations just won’t work...
The use of messaging apps raises compliance issues that SnipperSentry addresses. This issue is not going away for fintechs and banks.
WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa’s recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed and DAX 30 index component Wirecard “loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering.
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
Since WhatsApp began testing its payments feature in February of last year in India, it has processed about a million...
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