Payments leaders PayPal and Square have both found the current crisis to be a challenge and a boost to their...
Why Relationships Still Matter: How Community Banks Saved The Country During Covid-19 Republic’s First Three Real Estate Offerings Have Already...
Companies like TransferWise, Venmo and PayPal have forced banks in Europe to look at creating their own affordable real-time payments service; the idea is in the early stages but it shows the effect that fintech players can have on the traditional banks; the service would also look to head off the increased competitive threat from open banking which is set to begin in early 2018. Source.
There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are...
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Former PayPal President David Marcus reflects on missed leverage, bad metrics, and how financial optimization replaced product conviction. We translate...
Tink raised €56 million in new funding in February and today it announced a further investment of €1o million from...
Welcome back to the Fintech Blueprint / Rebank podcast series hosted by Will Beeson and Lex Sokolin. Max Friedrich is a fintech analyst a ARK Invest, a public markets investment manager focused on disruptive technologies including autonomous tech, robotics, fintech, genomics and next generation internet. Max recently published a report on digital wallets, including Venmo and Square’s Cash App, which is available for download on ARK’s website. In this conversation, we explain why Cash App has seen exponential growth.
PayPal broke all sorts of records in the second quarter of 2020 as the acceleration of digital payments continued to...
PayPal has announced the acquisition of TIO Networks for $233 million; TIO Networks is a bill payment management company and PayPal plans to integrate with its kiosks for bill payment at local merchants; the integration is part of an initiative to reach more underserved bank customers. Source
PayPal just launched what it calls a super app. It has a cash account with a 0.40% interest rate, direct deposit, money movement, bill pay, and remittance features. It also integrates shopping functionality with rewards and cash back. In this analysis, we compare this offering with Google Pay and Square Cash App, as well as trace the DNA of PayPal to understand whether such an offering will succeed where others failed.