Tag
#fintech
20 articles
Stripe To Reduce Headcount By 14%
Stripe CEO Patrick Collison stated in a letter to staff that 2022 has been more difficult than previous years. The company blamed inflation, energy shocks, higher interest rates and lower investment budgets for the company's slowdown.
08 Nov 2022
JPMorgan Moves Further Into FinTech
To counter threats from fintech companies like Stripe and Block, JPMorgan Chase has agreed to buy a payments startup named Renovite.
15 Sept 2022
Nubank, South America's Champion
David Vélez, Cristina Junqueira and Edward Wible launched Nubank in 2013 after becoming dissatisfied with the Brazil's banking services. The company secured a $2 million seed investment from Sequoia Capital and Kaszek Ventures.
21 Aug 2022
Banks Roar Back While Fintech Lenders Struggle
Bank stocks have posted strong outperformance against the S&P500 in recent weeks after a dramatic sell-off in the first half of 2022.
19 Aug 2022
Affirm, A Buy-Now-Pay-Later Winner?
Affirm, located in San Francisco, is a publicly traded financial technology startup. The company, which was founded in 2012, is a financial lender that provides consumers with instalment loans that they can use to finance purchases at the point of sale.
17 Apr 2022
Are Private Companies Overvalued?
Most recently IPOed companies have seen their valuation cut in half in the last months. These include well-known companies like SoFi, Marqeta, Robinhood, Affirm and many other so-called FinTechs or SaaS companies.
23 Mar 2022
Swissquote, The Rising FinTech Player
In 1990, Marc Bürki and Paolo Buzzi founded Marvel Communications SA, an enterprise that focused on financial software and web applications. Marvel would form the foundation for Swissquote (founded in 1996), an enterprise that promised to be the world’s most pioneering and intuitive online bank.
09 Jan 2022
Buy Now Pay Later Tumbles - Time To Buy?
Following the opening of an inquiry into the sector by the US consumer authority, shares of numerous "Buy Now, Pay Later" (BNPL) companies plummeted.
17 Dec 2021
PayPal's $ 45B Bid For Pinterest
PayPal Holdings has made an offer to purchase digital pinboard site Pinterest Inc for $45 billion, a combination that may presage additional financial technology and social media mergers in e-commerce.
22 Oct 2021
Sea Looks To Raise $6.3B And Expands In Europe, India
Sea Limited, the e-commerce, gaming and fintech company is looking to raise $6.3B in a share and convertible bond sale in what would be Southeast Asia's largest ever capital raising. This fresh capital intake would help the company unlock new markets and fund acquisitions.
10 Sept 2021
SoFi Plunges, A Buying Opportunity?
SoFi Technologies reported a net loss of $ 165m, down from last year's profit of $ 7.8m. However, adjusted net revenue grew 74% year over year as member growth accelerated to 113%.
16 Aug 2021
Tinkoff, Just Getting Started
TCS Group Holding, which runs Russia's leading online bank (Tinkoff), has become an investor's darling and is considered as a technology and a banking play. Capitalising both on the post-pandemic recovery and on a faster digital transformation in Russia.
18 Jul 2021
Wise, Previously TransferWise, Goes Public In London
Wise, formerly known as TransferWise, is going public. The money transfer company has decided to list directly on the London Stock Exchange.
11 Jul 2021
SoFi, The Next Meme-Stock?
SoFi recently announced that it would allow users to gain access to the initial public offerings of four Palihapitiya-backed Blank Check companies. Is this the next "Meme-stock"?
11 Jul 2021
FinTech And InsurTech. Worth Considering?
In the long run, could they turn the insurance industry into a less expensive and more pleasant one?
30 Jun 2021
Upstart, AI-Driven Lending
Upstart is an online lending marketplace that provides personal loans by applying machine learning to a vast array of non-conventional variables
30 Jun 2021
SoFi, The AWS Of FinTech
Social Finance, Inc. is a FinTech startup whose initial goal was to help solve the student debt crisis by giving student access to lower loan rates than federal standards.
30 Jun 2021
Futu, The Chinese FinTech Leader
Futu Holdings was founded in 2011 and provides online brokerage services in Hong Kong and Mainland China.
30 Jun 2021
Global Payments, An Overlooked FinTech Champion
Global Payments, Inc. is a U.S.-based financial technology company founded in 2000 as a National Data Corporation spin-off. It provides payments processing services to merchants, enabling them to accept credit and debit cards.
30 Jun 2021
PayPal's Leadership
PayPal is too big to be ignored in the financial technology space. Generating $ 6.1B in sales and growing at 33% year-on-year. Furthermore, the company is quickly entering new markets in order to stay relevant.
30 Jun 2021
