Last year we saw continued interest in a broad array of fintech companies. Recently the fintech space has become more...
Robinhood has become one of the hottest fintech companies on the planet which has helped them to amass a valuation...
The wealth management industry has gone through a host of changes in recent years and now fractional share trading has...
Robinhood has launched a new featured called profiles, which allows users to see analytics about their portfolio complete with a...
With the increase in market volatility over the last few weeks young traders have tried to catch the markets at...
I dig deeply into the $5.3 billion acquisition of data aggregator Plaid by $500 billion payments network Visa. We examine why this deal is worth 25-50x revenue, while Yodlee's sale to Envestnet was priced much lower. We also look at how Plaid could be an existential threat to Visa, and why paying 1% of marketcap to protect 200 million accounts may be a good bet. Broader implications for product manufacturers across payments, investments, and banking also emerge -- the middle is getting carved out, and infrastructure providers like Visa or BlackRock are moving closer to the consumer.
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.
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
Yesterday it was widely reported that Robinhood was having an outage as the market rebounded; today the company reported continued...
I can’t imagine the frustration of Robinhood users. One week ago the brokerage firm that pioneered no-fee stock trading encountered...