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digital lending

central bank / CBDCChinadecentralized financedigital lendingidentity and privacyphilosophy
·Jun. 7, 2021

Purpose of Identity, its connection to finance, and implementations in the Euro digital wallet and DeFi protocols

This week, we cover these ideas:

  • The nature of digital identity, and the difference between a representation at some moment of time vs. a record of your being

  • The launch of the DeFi Passport by Arcx and how it can be useful for underwriting

  • The European Digital Wallet, and the implication of such a development for CBDCs and government services

  • China’s CBDC, Sweden’s BankID, and other existential crises

If you want to go deeper on this topic, we strongly recommend our conversation with Michael Cena of the Ceramic Network here. Whereas Michael started working on the identity problem by trying to add labels to people, where he ended up is creating a protocol that tracks historic software activity and interactions between actors. In thinking about the Ship of Theseus, this is the solution that says — your identity is your journey through the river of time itself, and not any particular stop you make along the way.

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asset managementdecentralized financedigital lendingmusic industryp2p & crowdfunding
·Oct. 9, 2020

Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B

This week, we look at:

  • Lending Club, the peer-to-peer lending innovator, turning off peer-to-peer lending after having a bank in its pocket

  • Consolidation of the UK's largest crowdfunders, CrowdCube and Seedrs, and their limited economics

  • The scale of the Morgan Stanley and Eaton Vance deal, creating a $1.2 trillion asset manager

  • The struggle of peer-to-peer models more generally, and whether the blockchain movement can overcome the Prisoner's Dilemma

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acquisitiondigital lendingdigital transformationfinancial advisorsInvestingneobankroboadvisor
·May. 18, 2020

Goldman is trying to build a Fintech powerhouse, and this is how they should do it

This week, we put on the Goldman hat and go shopping for companies. We buy a little bit of Folio and sell some Motif. We look at Personal Capital and the $1 billion it wants for its $12 billion of assets. We examine the private markets with Addepar / iCapital and SharesPost / Forge, and then move over to the banking sector. Should we buy Wells Fargo, as rumored, or some digital wallet apps? Read on for how to acquire a best-in-class Fintech.

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Server racks in computer network security server room data center, 3d rendering. Computer digital drawing.
digital lending
·Jul. 7, 2023

Working with alternative data: A roadmap

Alternative data helps lenders score previously difficult-to-serve groups like thin- and no-file customers. Lenders seeking to serve those client groups need the right technology in place, Provenir’s executive vice president for North America Kathy Stares said.
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Cryptodigital lendingmonetization / commercialSocial / Community
·Apr. 5, 2021

Getting paid now for future performance with Pipe’s $150MM raise and BitClout’s $200MM of Bitcoin

This week, we look at:

  • Pipe’s $150 million raise at a $2 billion valuation to turn annualized revenue run-rate into a new peer-to-peer asset class

  • BitClout’s $200 million of Bitcoin contributions and its mechanisms to turn social media profiles into digital assets

  • How both projects trade future performance for current monetization

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digital lending
·Nov. 20, 2023

Building customer loyalty in a high-interest environment

Rising interest rates drive retailers to seek new options that will encourage safe consumer spending. That is good news for companies like Accrue Savings, which offers an FDIC-insured wallet that helps customers build a balance with their favorite retailers.
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digital lendingdigital securities / STOneobank
·Aug. 17, 2020

How Monzo, Revolut, and Starling get to break-even, and comparison with WeChat and Facebook

This week, we look at:

  • The financial model behind Monzo, and comparisons to Revolut and Starling

  • How the Eastern super apps inspired the marketplace model, and why that success is hard for neobanks to replicate

  • Paths from losing $100 million per year to break-even and enabling digital assets and other financial products

  • Facebook Financial forming to take over payments and commerce

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provenir webinar writeup
Fintech
·Oct. 11, 2023

Digital Lending Trends: AI and Beyond

In a webinar sponsored by Provenir, experts discussed the promise and challenges of AI in lending, and where the sector was headed next.
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big techdigital lendingneobankpaytechSocial / Community
·Sep. 20, 2021

Unlocking Demand-side growth with Square’s payment network and Goldman’s GreenSky acquisition

Square upgrades Cash App into a payment processing powerhouse, completing the loop between the consumer and merchant side of the house. Goldman Sachs acquires GreenSky, adding a lending business at the point of intent. This analysis connects these symptoms into a framework explaining the increasing integration between commerce and finance, and the increasing role that demand generation plays. That in turn explains how the attention and creator economies interconnect with financial services.

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Banking
·May. 22, 2024

Rising digital spending among findings of Alkami, Cornerstone Advisors report

Mobile payment rates, active digital bank users, and chatbot deployment are numbers on the rise in a report from Alkami and Cornerstone Advisors.
Read Full Story
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