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Affirm

Embedded Financemonetization / commercialpaytechventure capital
·Jan. 18, 2021

Explaining ~100x revenue multiples for Affirm, Checkout, Rapyd, and other fintech companies using systems theory

This week, we look at:

  • Over $1 billion in raises announced last week, and over $10 billion in Fintech company value creation: Checkout.com with $450 million at a $15 billion valuation, Affirm more than doubling after its IPO to $30 billion, lending enabler Blend raising $300 million, and payments enabler Rapyd raising $300 million.

  • A systems theory framework that explains the stocks and flows of goods and services, and what monetization strategies are available to fintechs

  • How transactional models are thriving and creating 50-100x revenue multiples

Read Full Story
big techdigital lendingEmbedded Financepaytech
·Dec. 7, 2020

Who are the customers of Embedded Finance, and what do they reveal about Stripe, Affirm, DriveWealth, and Green Dot?

This week, we look at:

  • Embedded finance as a growing theme with the $10B Affirm IPO and Stripe's launch of Treasury

  • The customer types that each of these firms is attempting to convert into their product, and what this tells us about economic growth

  • A framework for understanding the emerging value chain of digital finance, and the role of platforms and marketplaces

Read Full Story
big techdigital transformationneobank
·Aug. 10, 2020

Google banking shows that tech giants are the storefront for everything, and other distributors will fade away

The tech companies will become the storefront to absolutely everything.

There is no Internet, there is only Google.

There is no commerce, there is only Amazon.

There is no finance, there is only WeChat / Tencent?

I don't know about you, but I cannot pay for anything in cash in London anymore. COVID has made the city go cashless. For China, QR codes have long replaced the need for paper money. And if there is no cash, what is the point of ATMs, and ATM fees, and bank branches, and bank branch staff? Financial firms no longer need to be the place where you shop for financial product.

Read Full Story
EuropeFintech
·Aug. 4, 2020

Curve Launching a Credit Offering Later This Year

UK payment aggregator Curve is launching its own credit offering later this year called Curve Credit; they began testing the...
Read Full Story
FintechUSA
·Jul. 31, 2020

Affirm Preparing for a Potential Blockbuster IPO

The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the...
Read Full Story
Fintech
·Jan. 13, 2021

Affirm’s IPO Takes Off Like a Rocket Ship

Consumer lending fintech Affirm (ticker: AFRM) went public on the Nasdaq Wednesday and saw their stock take off. Shares were...
Read Full Story
decentralized financedigital transformationMetaverse / xRNFTs and digital objects
·Oct. 16, 2020

Virtual communities and digital worlds are the difference between Finance Incumbents, Fintech, and DeFi

This week, we look at:

  • How the medical reality is accelerating remote work and digital commerce, including the success of buy-now-pay-later companies like Affirm and Klarna

  • The emergence of virtual worlds and video game environments that generate $ billions in revenue and have millions of participants, with examples of Zwift, Fortnite, Tomorrowland, Roblox, Genshin Impact

  • How to connect digital environments to digital communities and their economic activity, including through mechanisms like non-fungible-tokens in Rarible and Async Art

  • Advice for shifting thinking from manufacturing financial product, to starting with the customer, to leveraging the community

Read Full Story
FintechUSA
·Aug. 4, 2020

Uber’s Departure from Fintech Won’t Slow Embedded Finance Down

Uber recently said they are de-prioritizing their finance related projects to better weather the current crisis; this comes only a...
Read Full Story
Asia/PacEuropeFintechNews RoundupUSA
·Aug. 3, 2020

More News for August 3, 2020

For What Future Are We Building Bitcoin? Working to understand Affirm’s reported IPO pricing hopes State regulator group, others back...
Read Full Story
FintechUSA
·Jul. 23, 2020

Affirm Powers Shopify’s Buy Now Pay Later Product

Affirm has struck a partnership with Shopify to power their buy now pay later product; “We’re super excited to be...
Read Full Story
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