Lex interviews Ashwin Kumar – Stripe’s Head of Startups for Banking-as-a-Service. Stripe is a financial technology (fintech) company based in San Francisco, CA, whose software allows individuals and businesses to make and receive payments online. Ashwin Kumar In this episode, Lex and Ashwin explore Stripe’s strategic positioning in the transformative world of fintech. From unraveling […]
Amid lower funding to startups, Mexican fintech firms still manage to land deals focusing on catering to underbanked individuals and small and medium-sized enterprises in the country. Kapital, which offers SMEs loans and cashflow management tools, secured fresh capital last month. It raised $20 million in a Series A and $45 million in a debt facility. […]
The following is a guest post by Tom Bell, CEO of Maast. Digital payments have won. Widespread adoption of innovations like tap-to-pay, mobile wallets, and buy-now-pay-later have removed friction at the point of sale for merchants and their customers. With cash already on the ropes, the COVID-19 pandemic dealt a decisive blow as more small- […]
The following is an excerpt from today’s Global Newsletter. This morning’s featured news is from *cough* sorry, is from Amazon, who partnered with Affirm to offer *cough* wow, sorry again… just a second… *Ahem, whoooooahhh, COUGH* There we go. Wow, that smoke is really hitting all of the wrong places this morning. Right, where was I? Oh […]
What do you get when you combine a passionate community of fraud fighters with a boxing ring and loads of knowledge and energy… Fraud Fight Club, brought to you by Mastercard. Fraud Fight Club debuted at Fintech Nexus and lived up to the hype. Expert speakers from banks, credit unions, lending institutions, fintechs, and beyond […]
In less than a month, the long-awaited FedNow real-time payments system is set to launch, aligning the US monetary system with much of the rest of the world. While the Clearing House, for some time, has had its own real-time payments network widely available, the adoption of FedNow marks the first attempt at a federal […]
Over the last few months, fintechs have been facing a critical period in Latin America, triggered by a banking and inflationary crisis with consequentially high-interest rates that has put the period of high venture capital investments in the region on pause. The share of fintechs in total venture capital investments had declined considerably in recent […]
In a move that perhaps came as no surprise, the SEC followed up their complaint against Binance with another against Coinbase. This one was nowhere near as spicy. In late March 2023, the SEC issued a Wells notice to Coinbase alleging possible violations of securities law. While Coinbase maintained at the time that the allegations […]
We could have devoted this entire newsletter to the crypto crackdown, but that would have been needlessly punitive for all of us. Truth is, we do need to focus most of our attention on World War Web3 (I mean, close enough for alliteration’s sake). If we’re going to do so, why not feature arguably the best opinion […]
The following is a guest post by Convera CEO Patrick Gauthier. The list of challenges facing companies trading internationally is ever-mounting. Geopolitical tensions are leading to shifts in global trade flows. At the same time, companies are being forced to respond to a growing list of internal and external pressures, from record highs in inflation […]