Making news this week was Affirm partnering with Stripe, an OpenSea executive getting charged with insider trading, Binance Labs closing a new fund, Ripple and FTX on the hunt for acquisitions, Nav teaming up with Marcus and more.
We have a special episode this week: our Fintech Nexus 2022 preview show. The first order of business, LendIt Fintech is now Fintech Nexus.
Making news this week was the CFPB director testifying before both the Senate and House, Fidelity will allow bitcoin in 401(k) plans, Robinhood had a bad week, the OCC is talking stablecoins, Goldman created a lending facility backed by bitcoin and more.
Making news this week was FTX expanding into stock trading, Plaid getting into identity verification, Klarna raising money at a lower valuation, Nubank adds 5.7 million new customers in Q1, Robinhood launching self-custodial wallets and more.
Fintechs lose 50% of new accounts within the first year, according to Digital Onboarding SVP Adam Westley: Money walks right out the door.