Robinhood has been in the news in recent months related to multiple outages; now the company is rumored to be...
Speaking in Davos at the World Economic Forum, the CEO of Ripple, Brad Garlinghouse, shared that an IPO would be...
The House of Representatives has passed Supporting America's Innovators Act (HR 1219); the bill will provide increased access to capital for small businesses; among its provisions are changes to the number of investors in a venture capital fund and incentives for rural entrepreneurship. Source
JPMorgan Chase announced plans to shut down their digital only bank less than two years after launching and now other...
PayPal recently disclosed that they had crossed $10 billion in originations which makes them the leader when it comes to...
Orchard stresses the importance of recovery rates in valuing pools of loans; blog post takes Orchard’s US unsecured consumer lending industry data and discusses what loan recoveries are, how they are calculated, how debt holders recover defaulted loan balances, and why recovery rates are so important. Source
Business Insider asked some leading fintech investors their advice for companies during the current crisis; investors include Bain Capital Ventures,...
Mastercard is already working with names like Brex, Revolut and TransferWise; they have also announced programs in order to make...
The 2018 Joint Economic Report included a section dedicated to cryptocurrencies and blockchain for the first time; the report provides an overview of the nation’s economic status and provides ideas for the next year; this is a big sign for the emerging market as the report is put together by members of the House and Senate; the report says blockchain can be used to help fight cybercrime and protect the nation’s economy and infrastructure; it also states that congress, regulators and the public need to better understand the new technologies. Source.
Business Insider explores 5 companies that are making it easier for Americans to save and invest; they are backed by...