Profile of neobank Chime, which has 8M accounts, is reportedly valued at $5.8B, and will soon offer 1.6% interest on savings, compared to industry average of 1%
Julie Verhage / Bloomberg : Tweets: @markmilian , @technology , and @alex Tweets: Mark Milian / @markmilian : I am no financial adviser, but have you considered depositing your life savings with a te...
Fintech companies like Square are leveraging the banking licenses of services like Cambr, which manages accounts in many smaller banks, to handle payments
Julie Verhage / Bloomberg : Tweets: @mdudas and @mdudas Tweets: Mike Dudas / @mdudas : Per usual, the odd FinTech + community bank business setup in the US is due to financial regulators being unhapp...
Sources: Square is testing a new Cash App feature that would let users make free stock trades
Julie Verhage / Bloomberg :
Plaid, the tech firm linking fintech companies like Venmo with consumer bank accounts, rolls out its services in the UK, to eight of Britain's biggest banks
Making money easier for everyone is what drives us here at Plaid. Kate Rooney / CNBC : Plaid launches in the U.K., setting the stage for more fintech companies to expand abroad Ryan Weeks / fnlondon.c...
Source: E*Trade is preparing to let customers trade cryptocurrencies on its platform starting with Bitcoin and Ethereum, will consider adding other currencies
Julie Verhage / Bloomberg :
SIPC, which insures funds in brokerage accounts, disputes Robinhood's claims that money in newly launched checking and savings accounts is protected by the SIPC
Julie Verhage / Bloomberg :
SIPC, which insures funds in brokerage accounts, disputes Robinhood's claims that money in newly launched checking and savings accounts is protected by the SIPC
Julie Verhage / Bloomberg :
Leaked document shows Coinbase is projecting 2018 revenue of ~$1.3B and a profit of $456M, up from revenue of $923M and profit of $380M in 2017
Julie Verhage / Bloomberg :
Payroll and benefit services startup Gusto raises $140M led by T. Rowe Price Associates, Y Combinator Continuity Fund, and General Catalyst at a ~$2B valuation
Julie Verhage / Bloomberg :
PayPal reports Q1 revenue of $3.69B, up 24% YoY, vs. $3.59B est., and $132B in total payment volume, an increase of 32% from the previous quarter
Julie Verhage / Bloomberg :