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Fintech Focus For December 17, 2020
Wednesday, December 16, 2020 - 6:26pm | 2091Quote To Start The Day: Pricing an IPO is more of an art than a science. Source: Ran Ben-Tzur One Big Thing In Fintech: A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group...
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Fintech Focus For December 2, 2020
Tuesday, December 1, 2020 - 7:02pm | 2069Quote To Start The Day: It’s possible to transcend anything that doesn’t kill you. Source: David Goggins One Big Thing In Fintech: The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products....
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Fintech Focus For November 6, 2020
Thursday, November 5, 2020 - 9:15pm | 1968Quote Of The Day: One man with courage makes a majority. - Andrew Jackson Fintech Movers: The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. - TechCrunch WhatsApp to expand payments tech. A Biden win could be good for...
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Fintech Focus For November 5, 2020
Wednesday, November 4, 2020 - 8:37pm | 1846Quote Of The Day: Try and fail, but don’t fail to try. - John Quincy Adams Fintech Movers: Global fintech funding reached $10.63 billion in Q3, a 4% increase on the previous quarter. - Business Insider BBVA tech boosts risk processes. Importance of fintech in banking. Zelle exceeds over 1B...
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DOJ Considers Blocking Visa's Acquisition Of Fintech Firm Plaid: Report
Wednesday, October 28, 2020 - 2:53am | 360The United States Department of Justice is considering filing a lawsuit in a bid to stop Visa Inc’s (NYSE: V) acquisition of fintech company Plaid Inc. over antitrust concerns, the Wall Street Journal reported Tuesday. What Happened: The Justice Department is...
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Fintech Focus For October 19, 2020
Sunday, October 18, 2020 - 9:35pm | 2092Quote Of The Day: Life is really simple, but we insist on making it complicated. - Confucius Fintech Movers: COVID-19 has not slowed crypto M&A. To wit, the value of industry acquisitions in the first half of 2020 has already surpassed that of full-year 2019. - Coindesk Q.ai is disrupting the...
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Fintech Focus For September 28, 2020
Sunday, September 27, 2020 - 6:42pm | 2058Quote Of The Day: If everyone fought for their own convictions there would be no war. - Leo Tolstoy Fintech Movers: Both fintech and big tech credit seems to complement other forms of credit, rather than substitute for them, and may increase overall access to credit. - BIS Russia’s...
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Hypur, A Cannabis Payments Company, Ditches Plaid After Visa Acquisition
Friday, September 18, 2020 - 12:20pm | 271Financial services company Plaid, known for powering account verification for some of the world’s biggest financial apps like Venmo and Robinhood, was recently acquired by Visa Inc (NYSE: V). Considering Visa currently does not allow cannabis payments processing, cannabis-focused digital...
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How Liquidity Portals Are Helping Make Digital Assets Mainstream
Tuesday, September 8, 2020 - 12:12pm | 715The following is a contributed article from a content partner of Benzinga One of the main challenges currently seen in the blockchain industry is the difficulty of finding reliable crypto on/off ramps around the world. While transacting cryptocurrency is fast and relatively easy, it is not always...
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Fintech Focus For September 3, 2020
Wednesday, September 2, 2020 - 7:16pm | 1857Quote Of The Day: If opportunity doesn’t knock, build a door. - Milton Berle Fintech Movers: Ethereum’s DeFi ecosystem has amassed at least 166 startups and protocols across 12 verticals, which The Block has mapped out. - Block Bitfinex adds new perpetual contracts. How to earn 7% on...
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Fintech Focus For July 31, 2020
Friday, July 31, 2020 - 9:18am | 2144Daily Perspective: Wisely, and slow. They stumble that run fast. - Shakespeare Fintech Movers: Differentiation within companies offering Banking as a Service product offerings will become increasingly important. - Forbes ZenBusiness acquires Joust. Cosaic expands with FactSet. PAAY logs growth...
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What Plaid's $5.3 Billion Acquisition Means For The Future Of Fintech And Open Banking
Friday, February 21, 2020 - 10:07am | 1290The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Announced last month, the Visa Inc. (NYSE: V) buyout of API fintech Plaid is historic. Not only for the fact that the $5.3 Billion deal is...
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Fintech APIs Consolidate As Plaid Buys Quovo In $200M Deal
Wednesday, January 9, 2019 - 9:12am | 478Fintech startup Plaid is negotiating a $200 million acquisition of rival Quovo, according to a Tuesday announcement. The merger would unite similar application programming interfaces connecting bank accounts to other fintech apps, such as Venmo, Coinbase and Robinhood. "Together, we'll...
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Plaid: The Fintech Link Between Banks And Startups
Friday, September 1, 2017 - 1:25pm | 993The origins of Plaid — the middleman between bank data and fintech innovators like Venmo — come from the realization by founders Zach Perret and William Hockey that the development of financial services apps faced a roadblock: integration with the institutions that hold consumers...