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Weekly Update

TFU | July 13 – 19

Hi! It’s Monday, July 20, 2020. On this day in 1969, Apollo 11 astronauts Neil Armstrong and Edwin “Buzz” Aldrin became the first men to walk on the moon. (Meanwhile, back in 2020, it feels like a feat just stepping out of the house 😫) We hope you get to do some exploring today! Leading […]

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Weekly Update

TFU | June 15-21

Leading Off WhatsApp launched payments functionality in Brazil after several months of difficulty, allowing Brazilian users to send and receive money through the app using Facebook Pay.  //  The EU opened an antitrust investigation into Apple’s App Store and Apple Pay. // Quicken Loans, the largest U.S. mortgage lender, is planning an IPO, which could […]

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Weekly Update

TFU | June 8-14

Hi! It’s Monday, June 15, 2020. Leading Off Amazon and Goldman Sachs unveiled a small business credit line, offering up to $1 million for merchants on Amazon’s platform. // Square and PayPal announced new efforts to acknowledge and combat racial inequality. // Millennial-focused insurance unicorn Lemonade filed paperwork to go public with an IPO. // […]

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Weekly Update

TFU | June 1-7

Dear readers, As we’re sure is the case with all of you, we’ve been disturbed by the tragic killing of George Floyd and the ensuing violence and shocking responses on the part of some elected and law enforcement officials. The mission of The Fintech Update is inherently niche, and we feel neither well-placed nor qualified […]

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Weekly Update

TFU | May 4 – May 10

Leading Off The FDIC issued a statement addressing the use of cloud computing services in the financial services sector; Libra hired Stuart Levey, HSBC’s Chief Legal Officer as its CEO; Samsung partnered with SoFi to launch a debit card; Zoom acquired encryption firm Keybase to bolster the security of its product; Robinhood raised $280M in […]

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Weekly Update

TFU | Mar. 30 – Apr. 5

Hi all, The Fintech Update will be off next week in observance of the Easter and Passover holidays. We hope you and your families are doing well and staying safe amid the ongoing disruptions caused by Covid-19, and we wish you all the best for happy and healthy weeks ahead. Take care, The Fintech Update […]