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Fintech Nexus Staff
JoinedMay. 30, 2017
Articles5,303
Comments63
This piece was created by one of our content team members. Reach us at [email protected]
FintechNews RoundupUSA
·Jun. 12, 2019

Home Flipping Is Cooling Off

Investing in fix and flips is an asset class which has attracted billions of dollars; last year there were about...
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FintechNews RoundupUSA
·Jun. 12, 2019

ZeroDown Looks to Expand Homeownership in Bay Area

Today, the company announced a $30 million round from former YC president Sam Altman and Goodwater Capital; ZeroDown offers a...
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FintechNews RoundupUSA
·Jun. 12, 2019

Panel Discussion on Blockchain & Financial Inclusion in NYC June 26 is open

Impact Capital Forum and Deloitte are hosting an evening panel event about Blockchain and Financial Inclusion Applications: Identity, Ownership, Payments...
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FintechNews Roundup
·Jun. 12, 2019

Announcements & Releases for June 12, 2019

Why Aren’t More FIs Using AI To Fight Fraud? Why Fears Of An AI Job-Killing Apocalypse Are Overstated Commercial banks...
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FintechNews RoundupUSA
·Jun. 11, 2019

Brex Raises $100 Million

The startup has officially raised their $100 million round, valuing the company at $2.6 billion; what’s amazing is that the...
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FintechNews RoundupUSA
·Jun. 11, 2019

Personal Capital Launches Savings Account

Personal Capital is looking to compete with banks offering high yield accounts; the new offering called Personal Capital Cash offers...
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FintechNews Roundup
·Jun. 11, 2019

Softbank Invests $200 Million in Creditas

Creditas is a Brazilian fintech startup that is now valued at $700 million; the company was originally founded in 2012...
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FintechNews RoundupUSA
·Jun. 11, 2019

Guest Post: Direct Mail Boosts Fintech Traction

This is a guest post from Mike Gunderson, Founder and President of Gunderson Direct Inc.; they currently work with many...
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FintechNews Roundup
·Jun. 11, 2019

Announcements & Releases for June 11, 2019

The Golden Age of Fintech with Ron Suber How HSBC is spending its $17 billion tech budget Making bank complaint...
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digital transformationeCommerceregulation & compliance
·Jun. 10, 2019

JP Morgan’s dead Neobank mistook Digital for a Channel, EOS Voice is $150MM in the wrong direction

JP Morgan just shut down its neobank competitor Finn, targeted at Millennials in a smartphone app wrapper. Several other traditional banking incumbents have similar efforts, from Wells Fargo's Greenhouse, Citizens Bank's Citizens Access, MUFG's PurePoint and Midwest BankCentre's Rising Bank, as well as most of the Europeans (e.g., RBS competition to Starling called Mettle). These banks have every advantage -- from product infrastructure, to balance sheet, to regulatory licenses, to physical footprint, to relationships with the older generation. So how is it that players like Chime, MoneyLion, Revolut, and N26 are all able to get millions of happy users and the incumbents are failing?

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