Speaking on a panel at SoFi’s San Francisco offices designers from leading fintech companies talked about how they increase engagement...
In this Forbes op-ed Ron Shelvin shares his thoughts on how the Robinhood checking account was doomed to fail; besides...
Ally Financial Teams Up With Better.com to Create End-to-End Digital Mortgage Experience Bankin’ Raises €20M in Series B Funding As...
Kaspersky Lab Sees Spike In Mobile Banking Cyberattacks Zero raises $20 million from NEA and others for a credit card...
We are like the hungry at the all-you-can-eat buffet. In the beginning, there is not enough! Let's democratize access to food; to music; to transportation; to healthcare; to finance; to payments; to banking; to lending; to investing. The billions in institutional capital across universities, pensions, and sovereigns are delegated to smart portfolio managers. The day before yesterday, it was allocated by small cap stock pickers (hi Warren!). Yesterday, it was the alternative managers of hedge funds and private equity. Today, it is the trading machine and the venture capitalist. Tomorrow, it is the cryptographic artificial intelligence.
I was excited about Robinhood’s announcement too. The prospect of earning 3% on a savings and checking account was extremely...
Revolut, Robinhood and others have seen a great deal of growth in the last couple of years as consumers have...
CNBC has released their 7th annual version of the CNBC Disrupter 50 which consists of startups who have exploited niches...
According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says...
Well this morning started out as a bit of a bummer! See -- Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal. The $55 billion market cap Schwab is gobbling up the $22 billion TD Ameritrade at a slight premium. Matt Levine of Bloomberg has a great, cynical take on the question: Schwab lowering its trading commissions to zero is actually what wiped out $4 billion off TD's marketcap a few months ago. For Schwab, the revenue loss from trading was 7% of total, while for TD it was over 20%. Once Schwab dropped prices, TD started trading at a discount and became an acquisition target. You can see the share price drops reflected below in the beginning of October.