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Fintech Focus Roundup For March 21, 2021
Sunday, March 21, 2021 - 9:07am | 2102Read More...Meet Qooore, The Fintech Merging The Experiences Of Robinhood And TikTok Founded in 2020, Qooore is on a mission to drive interest and empower investment in financial markets. The firm’s genesis comes alongside news of record retail trading activity, as well as the rise and fall of stocks...
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Fintech Focus For March 18, 2021
Wednesday, March 17, 2021 - 5:38pm | 1916Read More...Quote To Start The Day: First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end. Source: Aristotle One Big Thing In Fintech: Founded in 2020, TradeUI...
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More Than 50% Of Small Businesses Have Reopened: Survey
Wednesday, March 17, 2021 - 10:18am | 530Read More...More than half of U.S. small businesses are fully reopened as local or federal pandemic shutdowns ease, according to a report from Kabbage, an American Express Company-owned (NYSE: AXP) fintech providing business cash flow solutions. What Happened: As part of an effort to track U.S. small...
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Fintech Focus For March 1, 2021
Sunday, February 28, 2021 - 9:52pm | 1998Read More...Quote To Start The Day: “Democracy is never a gift from heaven. It must be earned by many with strong will.” Source: Jimmy Sham One Big Thing In Fintech: The UK is leading the way in open banking due to regulatory requirements and a dedicated central program and platform, the Open...
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6 Fintech Executives Give Their Predictions For 2021
Monday, February 1, 2021 - 10:44am | 1119Read More...There’s an ancient Chinese proverb that says “When the winds of change blow, some people build walls and others build windmills.“ The winds of change blew in 2020, politically, socially, and economically. It brought about the greatest period of turmoil since the Great Financial...
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Will This Recession Lead to Another Fintech Boom?
Thursday, September 17, 2020 - 11:42am | 1641Read More...The biggest silver lining in periods of economic turmoil—such that we are in right now, despite what the stock market may tell you—is that they often lead to significant innovation. This is true for most major economic depressions and recessions in U.S. history. General Motors (...
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Fintech Focus For August 18, 2020
Monday, August 17, 2020 - 5:54pm | 1716Read More...Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...
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American Express Buys Fintech Lender Kabbage: 'A Fully Digital Suite Of Financial Products'
Monday, August 17, 2020 - 3:38pm | 341Read More...American Express Company (NYSE: AXP) has entered a definitive agreement for an outright acquisition of Kabbage, an online fintech lender backed by Softbank, the financial services company said Monday. What Happened: American Express said it will acquire Kabbage's ...
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'A Subdued Market': Stock Market Update For The Week Ahead
Sunday, August 16, 2020 - 6:34pm | 2456Read More...The Last Week In A Nutshell What Happened: “This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside,” said ARK Invest CEO and CIO Catherine Wood. Remember This: “2020 is a year that is...
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Fintech Focus Roundup For August 15, 2020
Sunday, August 16, 2020 - 10:52am | 1077Read More...American Express In Talks With Kabbage Over Acquisition What Is Happening? American Express is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million acquisition. What Does It Mean? "From the customer’s standpoint, this is likely to lead to better fees...
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American Express In Talks With Kabbage Over $850M Acquisition: Report
Tuesday, August 11, 2020 - 1:25pm | 323Read More...American Express Company (NYSE: AXP) is in talks with Kabbage, an online fintech lender backed by Softbank (OTC: SFTBY), over an $850 million acquisition, according to Bloomberg. What Happened? After a tumultuous first and second quarter, Kabbage, one of the largest lenders by application...
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Fintech Focus For August 5, 2020
Thursday, August 6, 2020 - 10:26am | 1816Read More...Daily Perspective: The root of suffering is attachment. - Buddha Fintech Movers: The Bank of International Settlements's Innovation Hub is partnering with the Hong Kong Monetary Authority on a new tech-focused competition centered around the digitization of trade finance. - Block Market data...
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Fintech Focus For July 23, 2020
Thursday, July 23, 2020 - 1:27pm | 2107Read More...Daily Perspective: We become what we think about. - Earl Nightingale Fintech Movers: The top judicial body in China is pushing for the expansion of legal rights around the possession of digital things, including currencies. - Block Analysis: Fintech IPOs 2019-H1 20. Goldman’s Marcus pays...
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Kabbage Expands Product Portfolio, Adds Business Checking Solution
Wednesday, July 22, 2020 - 11:05am | 303Read More...Kabbage, a data and technology company providing business cash flow solutions, formally announced the launch of Kabbage Checking, a full-service business checking solution. What Happened? Kabbage is a holistic platform for business banking. As part of a vision to meet the needs of its users more...
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Fintech Focus For July 7, 2020
Tuesday, July 7, 2020 - 10:19am | 1668Read More...Daily Perspective: Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma - which is living with the result of other people’s thinking. - Steve Jobs Fintech Movers: On March 1, 8% of U.S. Square sellers were effectively cashless; 54...
