Banking-as-a-service (BaaS) has risen ever stronger over the course of 2022 and 2023. Global market value is predicted to rise at a rate of 16.2% between 2022-2030, driven by digital transformation and increased interest in embedded finance options. But within this boom of BaaS, cracks are starting to show. On October 8, 2023, Jason Mikula […]
Typically, the private commercial debt market has been weighted in the favor of institutional investors, leaving retail investors out. “Debt investing historically has excluded certain groups, reserving high-quality investment opportunities for the wealthy few,” said Sundip Patel, Co-Founder and CEO of AVANA Companies. He explained that the sector, made up of large investments, had many […]
In a climate where capital is in short supply, fintech companies in Latin America and Mexico persist in gaining recognition from investors. Notably, the neobank Albo recently secured $40 million in a Series C round, marking one of the latest investment rounds for startups in the Latin American region. California-based venture capital firm Morpheus Ventures […]
Hi guys, welcome to the Fintech Coffee Break. I’m your host Isabelle Castro. This year DeFi seems to be going through a bit of a dip amid regulatory concerns of the crypto industry and the broken trust following the failure of large CeFi players last year, it looks like development has slowed. However, large financial […]
Historically underserved by financial institutions, the small business ecosystem has been typically vulnerable. More than 20% of private-sector businesses fail in their first year, and just under 50% fail in the first five years. The challenging economic conditions of 2023 have made cash flow even more critical. The introduction of FedNow in July, for some, […]
By Isabelle Castro Margaroli McHenry’s “ugly baby” of a stablecoin bill is making some steps forward…albeit at a snail’s pace. In July, despite an ongoing duel over specifics and alleged delays from the Fed, the US congressional committee advanced the bill, setting it up for its next steps : the house floor and the presidential […]
The gig economy might be a newer phrase, but it is hardly a new concept. Workers have been independently picking up extra shifts as freelancers or contractors since the turn of the century. By the 1990s, 10% of US workers earned income as contractors, temps, or on-call employees. In the last decade, technology accelerated the […]
In the Fall of last year, consultancy group BCG predicted that asset tokenization would become a multi-trillion-dollar industry, an idea that has been echoed by financial giants since. Despite the sector still being in its infancy, 97% of institutional investors believe that tokenization will revolutionize asset management. “That’s a shockingly high number, which I think […]
The Fintech Nexus 5 is a little different this week. I reviewed the weekly Long Take by Lex Sokolin of The Fintech Blueprint, giving my five takeaways from the article. Here is this week’s episode: The top five news stories this week: The End of the Ill-Fated Acquisition: Goldman Sachs Offloads Greensky from Fintech Nexus […]
Matt Bodkin Matt is a seasoned editorial cartoonist with a Bachelor of Fine Arts from Long Island University. He brings a strong background in the newspaper industry and skills in arts and design to his work. He aims to distill complex issues into funny doodles that resonate with readers. View all posts .pp-multiple-authors-boxes-wrapper.box-post-id-45383.pp-multiple-authors-layout-boxed.multiple-authors-target-shortcode.box-instance-id-1 .box-header-title { […]