What’s behind JPMorgan’s fintech fight?
/In its earnings call on Friday, JPMorgan announced that it will spend $1B per month in 2022 to move its operations to the cloud.
Read MoreIn its earnings call on Friday, JPMorgan announced that it will spend $1B per month in 2022 to move its operations to the cloud.
Read MoreGerman food-delivery platform Delivery Hero announced plans to offer buy-now-pay-later services to its customers. The company also said that it may provide financing to vendors through partnerships with banks.
Read MoreFintech behemoth Brex raised $300M in a Series D-2 round, earning a valuation of $12.3B. The company also named Karandeep Anand as its CPO.
Read MoreThe movement toward a financial system that is both sustainable and inclusive is a result of a societal shift in philosophy and awareness about what we value, and a desire to do something about it.
Read MoreFintechs have shifted their work cultures as a result of the pandemic. Some companies are offering hybrid work models, while others are letting employees decide what format suits them best.
Read MoreMoneyLion, a New York-based fintech that offers banking, investing, loans and other financial services, announced that it acquired MALKA Media, a content studio and platform that helps creators reach consumers.
Read MoreStarling Bank, a U.K.-based digital bank, says it will launch a technology offering called “Starling-as-a-Service” for European clients next year.
Read MoreLast week, MoneyLion, a digital challenger bank, merged with a special purpose acquisition company (SPAC) and began trading on the New York Stock Exchange.
Read MoreRevolut, a London-based digital banking fintech worth $33B, is facing blowback over a 2.75% surcharge levied on former employees who will participate in an upcoming secondary share sale.
Read MoreCredit reporting company TransUnion announced plans to acquire Neustar, a Virginia-based company that offers real-time business information and analysis tools that help businesses find new customers and determine which ads should serve them.
Read MoreIf Walmart’s fintech offering will be called Hazel, then Walgreens is going Scarlet. The pharmacy chain this week launched a bank account, debit card and personal finance planning tools under the Scarlet brand name.
Read MorePopular investing, savings and personal finance app Acorns is partnering with Cricket Wireless in a bid to encourage customers to save while paying their phone bills.
Read MoreFintech MoneyLion, which began as a lending and personal-finance platform and more recently added banking and investing, is pursuing a financial “super app” strategy to grow its customer base.
Read MoreA 2018 by Medici report provides anecdotal evidence of a 10% survival rate for bootstrapped fintech startups.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.