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Weekly Update

TFU | June 22-28

Hi! It’s Monday, June 29, 2020. Did you know that on this day 13 years ago, the Apple iPhone (1st generation) was released??  Leading Off Mastercard acquired open banking API platform Finicity for up to $1 billion. // The Brazilian central bank suspended WhatsApp’s mobile payments service only a week after it launched in the […]

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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 | May 18 – 31

Leading Off Kabbage said it’s processed $3.5B in PPP loans, a significant comeback after suspending its small business lending amid the early days of the coronavirus crisis; Samsung and SoFi jointly launched a cash management account and debit card; Google is piloting voice confirmations for payments; payments startup Marqueta raised $150M; and Square’s Cash App […]

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Weekly Update

TFU | Apr. 6 – 19

Leading Off PayPal, Intuit, and Square were approved to disburse emergency small business loans under the coronavirus Paycheck Protection Program; Google is reportedly developing a debit card; Libra reapplied for regulatory approval in Switzerland, presenting a “scaled back” version of its proposed cryptocurrency; the FSB outlined new guidance for global regulation of stablecoins; Ant Financial […]

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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 […]

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The Big Idea

The Big Idea | FinTech in the World of COVID-19 (Apr. 1, 2020)

Throughout the year, we’ll be offering a deeper look at some of the biggest trends we see shaping fintech now and in the coming decade. This week, we’re taking a look at the fintech sector during the coronavirus crisis and what it might mean for financial services going forward. As always, if you have any […]