Lending is going through a new wave of innovation and we want to hear what is most interesting and important to you.
PositionChairman
JoinedOct. 8, 2010
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Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.
The CEO of Stash discusses how everyday Americans can create a better financial life through unique tools that make investing easy and affordable
More positive signs for fintech as spend management unicorn Ramp closed another large funding round.
The $150 million was officially called a Series D extension, but it comes at a $7.65 billion valuation, a significant improvement over the $300 million raised for the initial Series D, which was at $5.8 billion.
There have been quite a few fintech startups in recent months that have pivoted to B2B from B2C (Tally, HMBradley, Onyx Private for example), but we haven't seen any fintechs go in the other direction until Mercury announced their personal banking product today.
While check usage has been in decline for years, for many businesses it is still a primary method of payment.
According to the Federal Reserve we processed over three billion commercial checks in 2023 valued at over $8 trillion.
Pipe is launching a new embedded finance product to help small businesses. Their Capital-as-a-Service product has three launch partners.
Those of you following along closely will know that Fintech Nexus sold its event business to Fintech Meetup in June of last year. We have been focused on digital media since then.
Fintech Nexus is for sale and we are currently seeking expressions of interest.
Earnings season for financial services officially kicked off this morning, with three of the top four banks reporting earnings. Let's look at JPMorgan first. By most measures, they crushed it. The country's largest bank reported $13.42 billion in profit on $41.93 billion in revenue - that is for the first quarter folks, not a year.
Fighting fraud for banks and fintechs is more challenging today than ever before. But there is reason for optimism in this fight says the CEO and Co-Founder of Alloy.