Several CEOs have expressed their desire to help get government stimulus money into the hands of consumers and small businesses;...
I have been reading Alibaba: The House that Jack Ma Built this week, something everyone interested in understanding the future of Google, Goldman, Uber, or Amazon should do. The narrative starts with China's small business explosion, and Ma's genius is to tap into global demand for the products of those businesses through an online marketplace and associated financial services. But I am getting ahead of myself. Let's pause to acknowledge a massive, systemic transaction that was announced this week: payments processing company Global Payments acquiring TSYS (Total Payments Systems) for $21.5 billion.
Wage advance fintech Earnin has started to shift their focus to employers in a bid to reach more consumers; companies...
The year has started out strongly for fintech M&A with four significant deals announced in just the first two months;...
CNBC sat down with Plaid CEO Zach Perret to talk about 2019 and what he thinks is on the horizon for...
One of the hottest U.S. based fintech startups is now live in the UK with their first two customers; Plaid...
Visa has started to look beyond their core offering for additional revenue opportunities as the payments market heats up; “The...
This week, I pause to reflect on the sales of (1) AdvisorEngine to Franklin Templeton and (2) the technology of Motif Investing to Schwab. Is all enterprise wealth tech destined to be acquired by financial incumbents? Has the roboadvisor innovation vector run dry? Not at all, I think. If anything, we are just getting started. Decentralized finance innovators like Zapper, Balancer, TokenSets, and PieDAO are re-imagining what wealth management looks like on Ethereum infrastructure. Their speed of iteration and deployment is both faster and cheaper, and I am more excited for the future of digital investing than ever before.
The Paycheck Protection Program has had its fair share of issues with government bureaucracy and favoritism by big banks to...
If you are in finance and only looking at banks, you are missing out on the real change agents. Here's some cross-industry action that we will unpack this week.
Amazon selected Goldman Sachs to be the lender of choice for small business loans. TikTok maker ByteDance is working with a Singaporean business family to get a financial license. And small business bank Starling is integrating Slack, energy switching service Bionic, and health insurance provider Equipsme into their marketplace. And we might as well talk about the Plaid Exchange launch, and end on the computational economy of Ethereum.