Imagined by John Q. Public to be little more than an online bookstore at its launch in the mid-1990s, Amazon is now one of the “Big Five” (i.e., the five largest information technology companies in the United States). Its website describes it as focusing on “e-commerce, cloud computing, digital streaming, and artificial intelligence.” Nevertheless, its… Continue Reading
Travel brands are looking for tools to spur the industry’s revival after the worst downturn in recorded history. The UK’s fintech startup Fly Now Pay Later is keen to help out. It has just raised an additional £10 million ($14 million), bringing its total funding to £45 million ($62 million). This latest infusion is expected… Continue Reading
Mortgage and consumer loan fintech startup Blend Labs has announced its intention to go public. The process was initiated by its filing of Form S-1 with the SEC on April 15, 2021. There’s no news yet on what exchange it will be listed on, as the review process has just begun. The announcement follows the… Continue Reading
While SoFi is mostly known for student loan refinancing, it recently purchased a small community bank in order to obtain a banking charter. Continue Reading
The democratization of trading through platforms like Robinhood and the mobilization of the masses on forums such as Reddit have made the recent trading frenzy possible. Continue Reading
The retail giant, in partnership with Ribbit Capital, announces plans to launch a start-up that will help “manage the financial needs” of millions of customers. Continue Reading
A new year means the chance to look ahead to what could be in store for the fintech industry. Much of it will be shaped by the ongoing pandemic. Continue Reading
By combining data and focusing on personalized consumer needs, fintech firms can help address the financial hardships of many Americans. Continue Reading
Reaching new clients through third-party platforms has proved an efficient and cost-effective strategy for financial technology companies. Continue Reading
As the former vice president prepares to lead a new administration, here is a look at how his policies could impact the financial technology sector. Continue Reading