Many people thought, including your LendIt editors, that the $310 billion allocated for the second round of the Paycheck Protection...
Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. The pair wanted to simplify investing for the millions that have trouble getting started or continuing to invest. Then in 2018, Walter went live with a new company —...
Circle, the issuer of dollar-based stablecoin USDC, has published a blog post, authored by COO Elisabeth Carpenter, touting its resilience during a...
Digital wealth management fintech Robinhood has made the news for all the wrong reasons lately as they have been suffering...
Jason Gardner, founder, and CEO of Marqeta, took to the main stage to announce the launch of banking as a service.
Qonto is a french startup building a modern business banking solution, aiming to become "The banking alternative for entrepreneurs and startups" according to its website; the company raised $1.7 million from Peter Thiel's Valar Ventures and Alven Capital; Valar Ventures has also invested in digital bank N26 and TransferWise; Qonto wants to provide a wide variety of services including allowing receipt uploads to make filing taxes easier; they plan to integrate with other fintech products to transfer money and manage payments; launch is currently slated for April. Source
It is not very often that there is an intersection between alpacas and fintech but we learned today that Monzo...
Building on my recent thoughts, I cannot for the life of me understand how a bank can spend so much on technology and yet be so inefficient. By way of example, let’s take a bank cost-income ratio. That’s the measure of how much a bank spends to operate, and the …
The Independent Community Bankers of America (ICBA) is lobbying Congress to block fintech firms from obtaining an Industrial Loan Company...