Influencers have come to finance — and they’re making bank

TikTok may be best known for lip-syncing and dancing videos, but the platform is also minting the hottest job in finance. “Finfluencers” are social media...
Rob Litterst • September 21, 2021

Square scoops up Afterpay in the battle of BNPL

“Buy now, pay later” (BNPL) — which at one point seemed to be reserved for Pelotons — has officially reached the masses. The most recent...
Rob Litterst • August 3, 2021

Apple joins the ‘Buy Now, Pay Later’ party

You best believe Apple will squeeze every drop of juice it can from the iPhone (Source: Apple) Here’s a question nearly every industry faces now:...
Trung T. Phan • July 19, 2021

Robinhood’s $40B+ IPO, explained

Robinhood is having a wild 2021. The trading app — founded in 2013 to “democratize finance” —  has empowered a whole generation of retail traders. Those...
Trung T. Phan • July 7, 2021

Digital banks are winning new customers by going niche

Traditional banking isn’t readily available to all customers. So, a number of neobanks (AKA digital banks) are building products catered to very specific markets. Among them:...
Juliet Bennett Rylah • July 2, 2021

Stripe rolls out a super-fast ID verification tool

Stripe is on a roll. The payment platform that recently became Silicon Valley’s most valuable private company at a $95B valuation has a new product:...
Juliet Bennett Rylah • June 23, 2021

How Shopify became a payments company

(Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) What is Shopify? Your 1st guess might be “ecommerce platform.” While that answer is not wrong, …
Trung T. Phan • June 21, 2021

Fintech Klarna becomes Europe’s most valuable startup, worth $45B+

Last week, Swedish fintech wunderkind Klarna announced a monster $639m funding round, bringing its valuation to a Scrooge McDuck-sized $45.6B and cementing its status...
Kolby Hatch • June 16, 2021

Ethereum’s co-founder snags $65m to help modernize financial infrastructure

Blockchain studio ConsenSys closed a $65m round of funding this week. While the funding is sizable, the investors are the real prize. Leading the round...
Kolby Hatch • April 16, 2021

Inside the monopoly of tax e-filings (and how to change it)

This year, the IRS extended tax day to May 17, giving millions of filers more time to reach for a trusted friend: TurboTax. In the...
Trung T. Phan • April 13, 2021

How financial engineering can save lives

Andrew Lo is a legend in finance. Named one of Time’s 100 most influential people in 2012 — with the magazine describing him as a...
Trung T. Phan • February 10, 2021

Why would Square buy streaming music service Tidal?

Celebrity sightings are an American pastime. One of the better ones in recent months: Hip-hop megastar Jay-Z has been spotted with Square/Twitter CEO Jack Dorsey...
Trung T. Phan • December 30, 2020

How Stripe Treasury aims to disrupt banks

“You still use a fax machine” is up there with “call me on your Nokia” as the most cliche way to burn someone for...
Trung T. Phan • December 8, 2020

Visa’s $5.3B marriage to fintech startup Plaid just got blocked by the DOJ. Why?

Credit: SOPA Images / Contributor Feel like you’ve been stuck in purgatory the past few days? Zach Perret knows a thing or two about that. The...
Trung T. Phan • November 6, 2020

The ‘Stripe of Africa’ just got acquired by Stripe for $200m+

Credit: Boston Globe / Contributor Stripe — the $36B private payments firm — has the most ambitious mission statement of any startup: it wants to...
Trung T. Phan • October 16, 2020

Venmo and Cash App are a scammer’s paradise

The darknet loves Venmo and Cash App — and no, it’s not because the criminal underworld is obsessed with the ease of paying back...
Michael Waters • October 14, 2020

The chatbot banker will see you now

Only a messenger bank could make Venmo seem like a total hassle. Downloading an app to send money? Might as well admit you were in...
Michael Waters • August 5, 2020

Earnings calls have become a mouthful

Most companies just wrapped up their quarterly earnings calls, and except for big companies like Amazon or Walmart, head honchos had to cushion some...
Michael Waters • May 21, 2020

Fintech firms are angling to help you with your stimulus check

Stop us if you’ve heard this before: The rollout of a major piece of the government’s big coronavirus relief package is off to a...
Nick DeSantis • April 17, 2020

Facebook’s cryptocurrency is finally getting its head out of the stars

Photo by Chip Somodevilla/Getty Images Even Co-Star’s astrologers could have predicted this one.  After regulatory blowback, Facebook is scaling back the most ambitious parts …
Michael Waters • April 17, 2020

iDebt: Apple partners with Goldman on new mobile credit card

Have we reached peak fintech? Or is peak fintech yet to come? Time will tell. In the meantime, Apple will start testing its first...
Lindsey Quinn • February 22, 2019

Billd, a startup that offers short-term construction loans, raised $60m

Billd, the Austin fintech startup that works with materials suppliers across the US to extend short-term loans to contractors, announced it has raised $60m...
Wes Schlagenhauf • January 30, 2019

2 fintech old-timers are coming after Square with a $22B partnership

Fiserv, a fintech company that processes credit card swipes for banks, purchased its payment rival First Data in a $22B deal.  Fiserv and First Data...
Conor Grant • January 17, 2019

Good news and bad news: Flutterwave raises $20m, but loses its founder

Quartz reports that a year after raising a $10m Series A round, the leading Nigerian fintech company Flutterwave announced an extension of its Series...
Wes Schlagenhauf • October 16, 2018

Greenlight: The debit card for kids

Reloadable, prepaid cards are nothing new. In fact, MasterCard, Visa, and American Express all offer their own versions. However, Greenlight, a 3-year-old startup out of...
The Hustle • February 6, 2017

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