[Disclaimer: I am not an accountant nor am I qualified to provide tax advice. You should seek professional advice before taking action on any of the ideas presented here.] Every year we provide information related to filing your taxes as an investor in LendingClub and Prosper loans. Both platforms have been around for many years […]
Today’s News
- Revolut Is Testing the Limits of FinanceIn an article in Bloomberg Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company; his company now has over 4 million customers and they grew their customer base three fold in 2018; of the 800 employees at Revolut, 150 of them are in compliance; they want to rely on […]
- Opendoor Raises $300M at a $3.8B ValuationReal estate fintech platform Opendoor appears to be crushing it; they have raised some $1.3 billion in equity and around $3 billion in debt to date to develop their marketplace that buys homes for cash and then resells them; their most recent funding round was $300 million at a reported $3.8 billion valuation; Opendoor is […]
- Square Launches an Online Store to Compete With ShopifySquare has unveiled a fully fledged online storefront for its sellers signifying its first major foray into e-commerce; until now Square has been primarily focused on micro-merchants that operate offline with only 10% of its payments volume coming from online stores; that should be about to change now as they launch their online offerings; small […]
LATEST PODCASTS
Podcast 191: Johnny Reinsch of Qwil
The gig economy workforce is becoming larger all the time and is expected to become 50% of all workers by 2027. Yet the traditional financial system works best for the W-2 worker, someone who has a full time job. That obviously needs to change. Our next guest on the Lend Academy Podcast is someone who […]
Podcast 190: Karen Mills of Harvard
Small businesses are the backbone of this country and no one has done more to support them than our next guest on the Lend Academy Podcast. Karen Mills has been a venture capitalist for many years and was the head of the Small Business Administration in the Obama Administration from 2009-2013. So, she had a […]
Podcast 189: Jason Gross of Petal
The credit card space is ultra competitive. There are literally thousands of different card offerings for consumers today. It is a mature space but also one where that has not been a great deal of innovation, particularly when it comes to the non-prime consumer. Our next guest on the Lend Academy Podcast is Jason Gross, […]