Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our latest content. Thank you for your support! Jeffrey Rogers, President & CEO of LiftForward Embedded finance is a term that has only been around for a relatively short time. But some […]
LendingClub reported Q4 2023 earnings after the bell today and overall it was quite a strong quarter given the economic headwinds for lenders of all stripes. It beat estimates both in revenue and in earnings for the quarter. Here are some of the key highlights from the report: Revenue and Earnings: LendingClub reported total revenue […]
Pinwheel’s new partnership with Jack Henry will help the latter’s clients win primacy with more clients. It is also a perfect example of how fintechs can rapidly widen their reach in a competitive environment. The union makes Pinwheel’s direct deposit-switching solution accessible via Jack Henry’s digital banking platform. Pinwheel used the Banno Digital Toolkit to […]
Yesterday, Apple shared details on Apple Card usage for the first time. The card was introduced in 2019 and since then it has acquired 12 million users, not a bad effort in less than five years. Users earn Daily Cash rewards when they use the card and Apple reported that the total for 2023 was over $1 […]
Argentine payments fintech Pomelo secured $40 million in a Series B funding round led by Kaszek Ventures, taking its total funding to over $100 million since its inception. Founded in Buenos Aires in 2021, the company offers payment infrastructure capabilities to fintechs and tech startups seeking to launch online accounts, credit cards, or debit cards. […]
The largest small business lender that you may not even know exists is Amazon Lending. The tech behemoth loans out billions of dollars every year to small businesses on its marketplace. Today, we learned about a new fintech partnership Amazon is entering into with SellersFi (formerly Sellers Funding). SellersFi is a seven-year-old small business lending fintech focused on e-commerce platforms. They […]
As B2B payment technology catches up to other areas of fintech, TreviPay CEO Brandon Spear said exciting trends are emerging. In late 2023, TreviPay released the B2B Buyers Payments Preference Study. It updates similar research conducted in 2019. The report details how B2B buyers are frustrated by the purchasing experience. Inefficient processes, inaccurate invoices and […]
It was only Thursday of last week when our lead story was about the challenges banks were facing in the Banking-as-a-Service space. Then Friday we learned that Blue Ridge Bank was hit with its second regulatory action in less than 18 months and is now deemed to be in a “troubled condition”. Kudos to our unofficial fintech […]
It is a bold or naïve CEO that prefaces a major announcement with the words, “This will shock the world”. New PayPal CEO Alex Chriss said exactly that in his first public interview since becoming CEO. That was a week ago and he was referring to major announcements that would happen at the company’s Innovation Day that […]