Only 98,192 account switches took place in Q2 2020, down 65 percent from Q1 when more than 280,000 switches took...
Clearbanc just launched a valuation tool that its cofounders are calling a credit score for startups. Here’s what entrepreneurs need...
UK digital bank Monzo is reportedly laying off 120 staff due to the challenges of the current economic situation; this...
Tom Blomfield started Monzo over five years ago and has now decided to step down as CEO; he will now...
The FT is reporting that leading UK fintech bank Monzo is close to agreeing to a funding deal that will...
AltFi has taken a look at where the founders from some of the top UK fintech companies went after leaving...
As was rumored last month Monzo has confirmed it has closed a new £60 million round of funding at a...
Welcome back to the Fintech Blueprint / Rebank podcast series hosted by Will Beeson and Lex Sokolin. In this episode, we talk through a few recent events that are indicative of the Fintech world right now. Brex raised an additional $150 million at a slightly improved valuation vs. its last round just as Monzo is reportedly looking at a 40% down round. Why? Shopify launched bank accounts for its merchants and announced the Shop app, basically an Amazon competitor plus Klarna, just as it worked with Facebook to support the launch of Facebook Shops and joined the Libra Association. Lots going on. Lastly, we discuss why Goldman’s M&A activity over the past couple years leads to the natural conclusion that they should buy Schwab.
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.
New research from Apptopia shows that the leading digital banks in Europe are off to a slow start in the...