Upstart reported Q4 2023 earnings yesterday with $140m in revenue for the quarter and a loss of $47.5m.
Revenues in fintech are projected to grow three times faster than the traditional banking sector. Here are three ways banks can prepare for their digital future.
Fintech Nexus Newsletter (February 13, 2024): The 50 Hottest Startups in Fintech According to Forbes
Forbes is out with its ninth annual Fintech 50 this morning, a subjective list of the hottest startups in fintech. The list is created by Forbes editors, is only open to private companies and it involves analyzing data as well as interviews with company CEOs and industry insiders.
There is a treasure trove of data within a payments flow. By understanding payments analytics fintechs and banks can transform the user experience.
Bank lending is often the least expensive form of financing but it is not often a consideration at the point of sale. Advances in embedded lending now makes this possible.
Today, Visa announced a new suite of payments capabilities called Visa Commercial Pay. This is a suite of B2B payments tools targeted at corporations.
While the future of payments is digital, Gnosis Pay co-founder and CEO Marcos Nunes said that leaves plenty of room for consumer choice.
Overdraft revenue is on the decline, but recent filings show that JPMorgan Chase and Wells Fargo remain by far the largest generators of the controversial fees.
Beem is partnering with U.S. insurance, investment and technology provider TruStage to offer the latter’s Payment Guard Insurance as an additional layer of financial security for its members.
Affirm produced a solid earnings report with 48% revenue growth and the company now has more than 17 million active customers