Within a context where ESG is hotly debated, solar loans seem to sit on their own island. “We’ve seen it to be really competitive for a long time,” said Matt Myers, CEO of Goal Solutions. “It was on many banks and credit unions because it’s very high credit quality, which means very low volatility.” “That’s […]
The following is a guest post by Gunes Kulaligil, Managing Director and Co-Head of Structured Finance at Stout. Marketplace lending is a rare versatile asset class. It is held in credit opportunities funds as it is levered to recovery. It is held in income funds since it pays P&I monthly. It is also held in […]
Hi guys. Welcome to the Fintech Coffee Break. I’m your host Isabelle Castro. Today I shared my coffee break with Zach Bronstein, COO of EnDAOment. EnDAOment is a platform powered entirely by smart contracts on the ethereum blockchain. They hope to use the new Web3 technology to power improved ways of donating and grantmaking using […]
Chile’s new fintech law, which came into effect this month, will provide an incentive for other regional regulators to move forward with a framework, analysts say, as the risk of falling behind could hinder a domestic sector’s ability to draw investments, build trust and advance inclusion. Last October, the Chilean Congress unanimously approved the bill to […]
As more states enact their disclosure laws for commercial finance providers, the regulatory burden will only increase on those companies. Will Tumulty Developing technology that meets this growing need requires a combination of technical understanding and an accurate sense of where regulation is headed. That’s the strategy Rapid Finance used to develop SMB Disclosure Service, […]
The challenges of the last year were strikingly clear in Robinhood‘s earnings call. The call marked the end of its first full calendar year as a public company. However, it was rocky, with two rounds of layoffs and significant contagion from crypto’s various scandals. In December, internal slip-ups added salt to the wound. A glitch […]
Earnings season has begun for fintech and it is not looking very good so far with Affirm and Adyen both sinking after lackluster reports. Also making news is Goldman Sachs with a big new fund, Robinhood is not happy with the SEC, Kraken is ending staking in the US and Pipe has a new CEO. […]
Large fintechs in Brazil are taking a cautious approach to credit, despite its potential to generate more significant income, in the face of rising pressures on households. Companies such as Nubank and Mercado Pago are limiting how much credit they give out in the face of a more complex scenario in Brazil and the […]
Parfin recently joined the ranks of LatAm fintech raising considerable funding earlier this year. The company specializes in digital asset trading infrastructure, announced that it has raised $15 million in its new seed investment round. This round was led by Framework Ventures, one of Silicon Valley’s leading managers in the crypto ecosystem, which has $1.4 […]
The PayPal earnings call, while upbeat, came with a bombshell. CEO Dan Schulman will be stepping down this year, one year earlier than expected. Dan Schulman, CEO of PayPal “At the end of this year, I felt there were two important considerations in terms of timing,” he said in his prepared remarks. “First, I wanted […]