Stripe leads the news again this week as we discovered they may not go public this year after all and may instead raise a substantial private funding round. Also making news was American Express launching new tools for small business, community banks want more time to connect with APIs, the CFPB wants to cap credit […]
Rex Salisbury of Cambrian Ventures With all the layoffs in the news it would be easy to get the impression that fintech is on the downswing. But nothing could be further from the truth. There has never been a better time to start a fintech company and, as you will find out in this episode, […]
Nubank, the largest digital bank in Latin America, announced it was no longer serving its clients with investment advisory, cutting its headcount by 40 amid a wave of fintech and technology layoffs in Latin America and the rest of the world. The decision from the Brazilian neobank is the latest illustration of how fintechs and […]
Joe Cianciolo of HomePace On today’s episode, I’m joined by Joe Cianciolo, Founder & CEO of HomePace. HomePace’s mission is to enable homeowners to gain financial flexibility. They do this by allowing homeowners to unlock the equity in their homes. HomePace’s innovation gives homeowners more financial freedom without taking on more debt and gives institutional investors access […]
While the rest of the fintech world is struggling through investment rounds, Zopa Bank has announced they have raised $92 million. The bank broke the news on Feb. 2, 2023. The latest funding round is said to drive the bank through the next growth phase to become “Britain’s best bank” and was led by existing […]
Increasingly, lenders are turning to alternative data to inform underwriting decisions. For years, credit has been granted using formalized credit scores such as FICO. However, many consumers are rejected, leaving entire demographics underserved, despite many being able to afford the credit they seek. Alternative data sets provide a complete picture of the individual, improving inclusion. […]
The new year started with a bang for B2B BNPL. Already in the dregs of 2022, reports and announcements surfaced of the sector’s pivots into the B2B market. VCs (and their mountainous dry powder) have shown an interest in business-facing firms, and traditional players such as Santander have announced their steps into the B2B BNPL […]
The following is a guest post from Laurent Charpentier, CEO of Yooz. Inflation leaves less disposable income for businesses and individuals, and a looming recession leads to less spending. Yet, four out of five small business owners believe they can survive a recession, according to the June 2022 Small Business Recovery Report survey from Kabbage, […]
In the latest Arthur D. Little (ADL) report on cryptocurrencies, study authors suggest the creme of the crypto crop will float to the top while the dregs will get dumped in the slop bucket. Georg von Pfoestl Undoubtedly it is an interesting time for cryptocurrencies. Price fluctuations are commonplace while conventional financial institutions slowly introduce […]
Rampant financial crime is becoming a common theme of news stories. High-profile scandals aside, the financial community is living under the ever-present threat of more sophisticated approaches to fraud, fraud-as-a-service, and general manipulation of financial tools for criminal activities. It seems, along with macroeconomic challenges, criminals have decided now is an excellent time to up […]