How does this trio of former PayPal execs plan to lead MX to dominance in the banking data space? They say timing is everything. And for Jim Magats, the new CEO of financial data aggregator […]
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Digital, tech & innovation narratives curated from across the web
Category: Finance
Time to Get Fit — an Open Letter from Altimeter to Mark Zuckerberg
Long term Meta investor Brad Gerstner has posted an open letter expressing concern with Mark Zuckerberg’s investment in the metaverse. As you know, we are long-term shareholders. Despite public skepticism — at times warranted — […]
Faster Payments with FedNow
Jared Franklin, an investor at Costanoa Ventures and long-time fintech operator, provides an overview of where we’re at (and where we might be heading) with faster payments in the U.S. Defining faster payments There are […]
The Future of Financial Services
How does the financial services industry move beyond just the buzzword of “digital transformation” and translate this into real business outcomes? fintech_devcon is a conference for fintech developers and builders designed to unlock knowledge and […]
Metaverse Deep Dive – Decoding the Buzzword
The high level of interest and curiosity by users and corporations is rising – no doubt, but let us create some understanding of what exactly the metaverse is. As Dr.Martha Boeckenfeld mentions, if you put […]
Fintech App Portabl Raises $2.5M to Help Consumers Securely Store Financial Data
Fintech Portabl announced the closing of a $2.5 million seed round recently led by Harlem Capital Partners. Portabl, founded by Nate Soffio and Alex Yenkalov, also launches its beta today for institutional use. It provides […]
Democratizing Finance: The Radical Promise of Fintech
Marion Labouré shares 5 key insights from her new book with co-author Nicholas Deffrennes, “Democratizing Finance: The Radical Promise of Fintech”. Financial technology, or Fintech, is a global equalizer that can reduce inequalities between countries […]
Think Like A Brand & The Metaverse is a Branding Statement
Jason Henrichs and Jim Marous interview Allison Netzer and Liz High about their book “Think Like A Brand Not A Bank”. Maybe you don’t necessarily put the customer first. Great brands get great returns every […]
Historic Day for Crypto as Ethereum Merge to Proof-of-Stake Occurs
The Ethereum Merge has officially taken place, marking the full transition of the network to proof-of-stake (PoS). On Sept. 15 at 06:42:42 UTC at block 15,537,393, the long-awaited Merge saw the merging of the Ethereum […]
The $20B Figma-Adobe Deal
Adobe has confirmed that it is buying Figma, a former startup and private-market unicorn in the design space, for around $20 billion. The transaction is massive in dollar terms, making it worth our while to […]
South Korea Issues Arrest Warrant for Do Kwon, Luna Drop Nearly 50%
A court in South Korea has issued an arrest warrant for Do Kwon, the founder of Terraform Labs, escalating its probe into the crypto ecosystem whose two tokens lost $40 billion in value in a […]
Investing in Africa’s Green Revolution
Hubert Danso is the CEO of the institutional infrastructure investment platform, Africa Investor. Hubert talks to Dave and Dharm DeMystify about the potential of Africa to drive a green industrial revolution, and the importance of […]
Struggling to Scale? Fintech Decacorns and the Downturn
As growth across the fintech industry slows and contracts, we take a look at how fintech decacorns have been affected. The news that the world’s largest and most successful Buy Now Pay Later company, Klarna, […]
Super-Apps Tailored to Lifestyle Choices
Jess Mager talks with Revolut’s General Manager of US, Yuval Rechter, to discuss the company’s plans for expansion, super-app offerings and what sets their products apart from the competition. Yuval joined Revolut this year with […]
Real Estate Fintech Startups Feel the Heat
Challenging real estate and financial market conditions and an unfavorable capital-raising environment has led to some real estate tech startups shutting down. In 2020, historically low interest rates led to a surge in both rates […]
Payments are Eating the World
Jeremy Balkin, Global Head of Innovation and Corporate Development, JP Morgan, delivers a fascinating presentation on the future of payments. JP Morgan is the largest payments business in the world – think big numbers – […]
Stripe Valuation Marked Down 64% by T. Rowe Price Global Tech Fund
The valuation for payments company Stripe and other tech firms was cut by T. Rowe Price Group as investors’ romance with technology stocks continues to cool. According to regulatory filings, Stripe’s valuation was marked down […]
The U.S. Federal Reserve Finalises Guidelines for Granting Firms Access to Payment Services
The U.S. Federal Reserve said last Monday it had finalized guidelines for how it will review requests by banks, fintechs and other firms to access the central bank’s master accounts and payment systems. The final […]
Five Scenarios for the Future of Retail Banking
Analysts at PwC expect the disruption in retail banking to continue and identify the five most likely directions for how banking will unfold over the next three-plus years. “We can anticipate continued disruption of the […]
Kenya and Ghana are Front-Lining the Global Mobile Money Market
Africa now accounts for 70 per cent of the world’s $1 trillion mobile money value. This narrative is pivotal, seeing that a study by the World Bank indicates that mobile money services positively impact poverty […]
Flow Might Fill a Niche, But Touting it as a Housing Crisis Solution Doesn’t Sit Well
It would be more reassuring to see ventures like Flow being backed by people who wouldn’t mind seeing them succeed in their own backyards. One of the themes both Andreessen and rental-focused startups talk about […]
Bitcoin’s Longest-Serving Lead Maintainer Calls It Quits, Names No Successor
Bitcoin’s top developer and Lead Maintainer, Wladimir van der Laan, has confirmed that he’s retiring. Van der Laan is the second successor to Satoshi Nakamoto and is one of the few people in the world […]
Which Neobanks Will Survive In the Future?
According to one tally, there were around 250 neobanks in the world as of August 2022. How many might be there a year later remains to be seen. Like their brethren in the buy now, […]
Understanding the Retail Bank that Apple Has Quietly Built
Apple’s multiple forays into banking services haven’t exactly been hidden, but only now is the tech giant’s potential to become a retail financial services powerhouse coming into focus. For some time now a race has […]
The Fintech Subscription Economy is Growing
Among consumers between the ages of 21 and 55, 40% pay to receive or subscribe to fintech services each month, with half spending $10 or more. Across a range of financial management activities, more consumers […]
PSD3 and The Future of Open Banking
David M. Brear of the Fintech Insider podcast is joined by some great guests to ask ‘how will PSD3 shape the future of Open Banking?’ Payment Services Directive 2 was the starting pistol for innovation […]
How Monzo Executed Growth
Monzo Co-founder and Former CEO Tom Blomfield tells the Monzo growth story from 0 to 1m customers from 2015 to 2018. First, a note about the context. We started the company in the UK in […]
You Can’t Afford a House, But You Can Probably Afford Nada
Nada is an account with a debit card that lets users invest in, earn, save and spend real estate as an asset. Rents are going up in cities across the U.S., but the national homeownership […]
Crypto and the US Government Are Headed for a Decisive Showdown
A crop of lawsuits could finally settle the question of whether most digital assets are illegal securities offerings. If you have paid casual attention to crypto news over the past few years, you probably have […]
Banks’ Digital Transformation Pace Is Too Slow for Consumers
Around half of financial firms report that they are still in either the beginning or implementation stage of digital transformation projects. For many financial institutions, the pace at which they are pursuing digital transformation is […]