Posts tagged Samsung
Growth of brand banking, tragedy of OnDeck vs. Kabbage, and the Indian Fintech war between WhatsApp and WeChat
Growth of brand banking, tragedy of OnDeck vs. Kabbage, and the Indian Fintech war between WhatsApp and WeChat

The fintech world is not taking the summer off. New developments are coming fast and furious, from fundraisings to product launches to government intervention.

Banking for brands startup Bond raised $32 million to capitalize on the exploding trend of B2B2C banking.

Samsung Money launched, leveraging SoFi’s infrastructure. As SoFi again seeks a national banking charter, they could become the de facto leader in this space.

Kabbage and Intuit launched small business bank accounts as extensions of their already deep relationships with SMBs.

And WhatsApp is trialing all sorts of financial services in India just as Chinese fintech super apps are being banned from the country.

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big tech, China, digital transformation, paytech, digital lendingLex SokolinOnDeck, Kabbage, WhatsApp, Thought Machine, Bond, Galileo, Marqeta, Cross River Bank, Green Dot, Radius Bank, Railsbank, Twilio, Samsung, SoFi, Varo, WeChat Pay, Ant Financial
Wirecard's collapse hurts Fintech & Crypto start-ups, like Lehman and Enron burned the economy
Wirecard's collapse hurts Fintech & Crypto start-ups, like Lehman and Enron burned the economy

This week, we consider the impact of financial infrastructure collapse and who really gets hurt through the lens of Wirecard, Enron, and Lehman Brothers. Yes, there are investors in the entity that will lose value. But there are also clients and counterparties of Wirecard, like Curve, Revolut, and Crypto.com. In the case of Lehman, there was a $40 trillion derivatives notional amount that took twenty years to wind down. We also consider the most recent $500,000 hacking in DeFi of an automated market maker to see if there are common threads to be drawn between the two worlds.

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decentralized finance, embedded finance, paytech, philosophyLex SokolinEnron, Lehman Brothers, Wirecard, Curve, Samsung, Crypto.com, The Bancorp, Balancer
Cash App, Venmo, Digital Wallets and Challenger Banks with ARK Invest
Cash App, Venmo, Digital Wallets and Challenger Banks with ARK Invest

Welcome back to the Fintech Blueprint / Rebank podcast series hosted by Will Beeson and Lex Sokolin. Max Friedrich is a fintech analyst a ARK Invest, a public markets investment manager focused on disruptive technologies including autonomous tech, robotics, fintech, genomics and next generation internet. Max recently published a report on digital wallets, including Venmo and Square’s Cash App, which is available for download on ARK’s website. In this conversation, we explain why Cash App has seen exponential growth.

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neobank, paytech, eCommerceLex SokolinARK Invest, Square, Venmo, WeChat Pay, Ant Financial, Samsung, Apple, Goldman Sachs, Zelle, PayPal, N26, Bitcoin, Gen Z