A $200m equity raise at a valuation double the previous round? No you did not wake up in 2021 this morning, it is (checks watch) definitely January 2024. I was just chatting with someone earlier this week about equity raises and I commented that there seems to be much more activity this month than in January 2023. […]
In November of 2015, Rob Law and I founded DailyPay in my basement. On a second hand whiteboard propped up against a wall, Rob, Andrew Yoo (Developer 1), my dog Jack, and I derived the key formulas we needed in order to move money before payday, and importantly, the code for how to get paid back. We began […]
Brazilian digital bank Nubank kicked off the year with a strong focus on international expansion, with its stock gaining momentum as the company introduced two significant initiatives in its Latin America operations. First, it secured a license from the Colombian regulator, marking a crucial step in enhancing its customer acquisition strategy in the country. Simultaneously, […]
Today’s conversation is designed to showcase some lessons and learnings from Brazil. Today’s guest is Tatyane Macêdo, Head of Communications at a loyalty consulting company called Valuenet, based in Sao Paulo, Brazil. She is also the Editor-in-chief of Tudo Sobre Incentivos, which they describe as the main educational content platform on Loyalty and incentives in Brazil. Tatyane reached […]
Reward points, frugal Gen Z and buy now, pay later: These trends shaped the 2023 gift-buying season. Here’s why they’ll matter more to retailers in the early days of 2024. By Jenn McMillen In the classic holiday story “The Gift of the Magi,” the heroine sells her beautiful hair so she can afford to buy […]
It has been almost two weeks since the SEC approved Bitcoin ETFs and we now have some data on the 10 ETFs that have been trading since then. The two biggest and oldest names in finance are leading the way: BlackRock and Fidelity. Each fund has attracted more than $1 billion in inflows. But the company that […]
The small business lending space has seen a lot of innovation over the last decade with fintech leading the way. But there is still much more work to do as many small business still lack the access to capital that they deserve. My next guest on the Fintech One-on-One podcast is Steve Allocca, the head […]
The breakthrough technology that Plaid created over a decade ago was the ability to connect in real-time to almost every bank and credit union in the United States. This had never been done before and was a groundbreaking advancement for financial services. Now that technology is mature, we are seeing all the possibilities that can […]
This year has not started well for loanDepot. We first heard the news two weeks ago that the mortgage lender had suffered a cyber attack that shut down critical systems. The incident is still ongoing and this morning we learned that, in addition to many of their systems being down, the personal information of 16.6 million people has been compromised. Many […]
Many security companies can lock your front door, but DataVisor co-founder and CEO Yinglian Xie said focusing on every area of the house is a much more effective strategy for fighting fraud. DataVisor combines applied machine learning capabilities, investigative workflows and an intelligence network of more than four billion accounts to provide real-time fraud signals, […]