The news this week was led by Apple with another fintech acquisition. We also had a big funding round for Ramp and Dave is getting into crypto with FTX US.
In this video conversation we feature a roundtable by The Defiant exploring how and if the gap between Fintech and DeFi will be bridged.
DeFi Panelists
Lex Sokolin, head economist at ConsenSys
Santiago Roel Santos, angel investor
Spencer Noon, Investor at Variant
Vance Spencer, co founder at Framework Ventures
Fintech Panelists
Keith Grose, head of Plaid international
Nik Milanovi?, founder of This Week in Fintech
Simon Taylor, co-founder of 11:FS
Bruno Werneck, Business & Corporate Development at Plaid
Moderator
Camila Russo, Founder of The Defiant
Digital wealth management fintech Robinhood has made the news for all the wrong reasons lately as they have been suffering...
In this conversation, we talk with Will Beeson of Bella and Rebank, about how the Internet/Reddit/Gamestop broke out financial market structure, the social contract, and what the new American finance structure will look like.
More specifically, we give some thought to which FinTech and Crypto companies win or lose from the GameStop adventure, the actual market structure issues that led to the suspension of Robinhood’s trading, and what’s next for the mobile broker, and finally, the social meaning of the war against hedge funds by Reddit’s r/wallstreetbets. Check out our conversation on these exciting new developments.
According to a regulatory filing Robinhood’s second quarter revenue came in at $180 million, nearly double the $91 million it...
I can’t imagine the frustration of Robinhood users. One week ago the brokerage firm that pioneered no-fee stock trading encountered...
Robinhood has announced they are expanding options-trading educational content and hiring a specialist to further assist users; the news comes...
I look at how spending $8 billion can either buy you $3 billion of revenue from Ingenico, or the private valuation of Robinhood and/or Revolut. Would you rather have a massive cash-flow machine, or a venture bet on a Millennial investing meme? To articulate this question in more detail, we walk through the impact behavioral finance has had on economic rational actor theories, and why quantitative financial modeling often similarly fails to capture the underlying tectonic plates of industry. It may not be wrong to bet on Millennials. We talk about what identity economics (ala identity politics) means for market value and how to think about generational change.
In an interview with Tearsheet Bradley Leimer, managing director and head of fintech strategy at Explorer Advisor & Capital says companies are underestimating content; most VC’s focus on who can be the next Robinhood or TransferWise when there is plenty of opportunities in the market; companies can use customer data to better educate and better target consumers for a specific financial product; there are a lot of interesting companies in the market who can find their niche to perform and offer consumers more choose. Source.
Stock trading app Robinhood has canceled its planned launch in the UK and put a hold on global expansion plans;...