Pitching digital retail with Swiftly
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According to Sean Turner, Swiftly’s Chief Technology Officer, Swiftly effectively markets itself by demonstrating how e-commerce giants have become engineering-forward companies.
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Fintech News Stories
Three factors shaping home sales
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From interest rates to home construction strategies, the future of home sales is yet to be fully formed. Find out how startups like Arrived Homes and Cover are looking to change that.
Read MoreInterest rates, consumer balance sheets, and the future for financing companies
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In an OpEd, Neal Desai, Co-Founder and CEO of Kafene, argues that lease-to-own models provide a versatile financing option in the face of headwinds.
Read MoreRussian sanctions and compliance in 2022 with Payoneer
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Micheal Sheehy, Chief Compliance Officer at Payoneer, framed the company’s decision to remain in Ukraine in both pragmatic and moral terms. The payments giant has a significant presence with employees in the country, and, as a major freelance hub, Ukraine is a key market.
Read MoreAnticipating sales needs in a downturn with Vymo
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According to Venkat Malladi, Vymo’s Co-Founder and CTO, sales teams will face major challenges in the coming months due to headwinds when it comes to business fundamentals as well as employee retention. Companies may relate to a potential recession differently: whether doubling down on their sales teams to make up for losses, or squeezing revenue from existing sales teams, or downsizing.
Read MoreGetting debt in order with Debbie
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Rachel Lauren, Debbie’s Co-Founder and COO, framed debt as a headwind that’s growing in strength, and a potentially paralyzing one at that. Many people who have accumulated debt don’t know where to begin when it comes to changing their financial conditions.
Read MoreFintech meets mutual aid with WellMoney
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WellMoney’s Founder and CEO, Dr. Kortney Ziegler, describes WellMoney as a “cost-sharing community for emergencies” from which members can take from “no questions asked,” avoiding payday lenders or crowdfunding platforms like GoFundMe.
Read MoreThree political concerns shaping payments today
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From internecine conflict on European soil to pernicious public health crises, a range of uncertainties affect how money flows across the globe, determining national and international politics in the process.
Read MoreExtending education capital with MPOWER Financing
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Emmanuel Smadja, CEO and Co-Founder of MPOWER Financing, explains the lender’s origin story, describes the UI needs of international students, and outlines the social impact of MPOWER’s work.
Read MoreLocal community banks and credit unions are key to overcoming debt
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In an OpEd, Gabe Kajicek, CEO of Kasasa, argues that local banks offer personal touches that can set clients onto healthier financial journeys and help address debt-related issues.
Read MoreA Bezos-backed proptech is on a shopping spree
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Arrived Homes, a real-estate investment platform that lets users buy shares in rental properties, estimates that it will double its presence in the top 100 fastest-growing cities in the US by the end of the year. The proptech has secured investments from Jeff Bezos’s Bezos Ventures, Marc Benioff’s Time Ventures, as well as the former CEOs of Zillow and Uber.
Read MoreShould we prioritize deflation over jobs?
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Jerome Powell, Chair of the Federal Reserve, projected the central bank’s rate hitting 4.4% by the end of the year. The Fed predicts the increase will increase unemployment by 1.2 million people.
Read MoreWhat an uptick in home rentals means for proptechs
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A growing proportion of homeowners are pulling their for-sale homes from the market to rent them instead. The number of delisted homes that never went under contract increased by 58% over the past year.
Read MoreInside the minds of growth investors
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Beyond SoftBank and its woes, many tech-focused growth investors have seen the value of their portfolios shrink significantly over the past year, raising questions about the soundness of their investment strategies. T Rowe Price’s Global Technology Equity Fund has fallen 45% over the past year; as has Tiger Management by 50%, and Ark Innovation by 55%.
Read MoreSoftBank eyes another Vision Fund
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Japan-based tech investor SoftBank is reportedly considering another multibillion-dollar startup fund. SoftBank reported a $23B loss in Q2 2022.
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