Money

Fintech

Three Supreme Court (SC) decisions will damage, not protect, citizens' ability to realize the Independence Declaration’s ideals. A future fourth SC decision may further erode people’s rights to make their voices heard in elections. A tragedy for both "Make America Great Again" and the republic

After a carnival of new unicorns and mega-funding rounds in 2021, private fintech companies are now scrambling to cut costs and stretch out the funds they have. Still, it’s been a heck of a ride, fueled in part by more online banking and shopping.

These are the eight personal finance startups that made the Forbes Fintech 50 list in 2022.

“It’s the money, Stupid.” How one simple sentence from one frustrated renter sparked the idea for Stake’s rental program, which just raised $12 million resulting in a $52 million valuation.

The bottom-line result of brands providing financial products to consumers creates a flywheel effect—the financial products not only generate revenue, but they lead to consumers spending more money on the brand’s products and services than they had before obtaining the financial product.

While most of the fintech market is suffering, WeFox’s valuation rose to $4.5 billion, up 50% from last year.

Every software platform that is offering payments – or even considering it – should have a broader vision around the long-term opportunity in financial services. Embedded finance, not embedded payments, is the endgame.

The way forward is to make tokens work within a regulated environment where transactions are private but not anonymous. Secure against unreasonable search and seizure, but subject to reasonable search and seizure.

In startup boardrooms around the world, acquisitions are becoming a key topic of discussion. In this piece we will explore the key rationales for acquisitions, as well as crucial strategies to make them successful.

In a filing with the Securities and Exchange Commission on Friday, July 8, 2022, Musk pulled out of the deal, citing several alleged material breaches of multiple provisions of the merger agreement by Twitter.

In under a year, retail brokerage juggernaut Robinhood has lost more than $50 billion in market capitalization. Are its languishing shares a bargain for potential acquirers?

Despite filing a lawsuit stating that Bolt failed to deliver effective technology, ABG has joined the company’s shareholders and dropped its case.

Covid moved financial services forward very rapidly, and showed that with cloud, it could handle tech change much faster than it had thought

Banks that rely on: 1) branches to attract and sell; 2) geography to determine who to sell to; and 3) customer experience to differentiate won’t produce acceptable levels of growth and return on assets. Banks need to choose between an embedded finance and embedded fintech strategy to drive profits.

I think it is possible to believe that tokenisation will be huge and that defi protocols will have a serious role to play in the next generation of financial services while simultaneously being sceptical that cryptocurrencies will have a major role.

Silicon Valley prosecutor says her office has been flooded with with reports of similar scams, in which cybercriminals use dating sites to meet romantic partners they later entice to invest in fake crypto companies.

Flawed projects built on unsound economic models, led by hubristic messiahs, often fail and help to pave the way for new and safer consumer friendly sustainable projects and products. As history is often a reliable indicator, many of these new projects will sprout in South Korea.