Credit Karma caught my eye because they are on the WSJ Billion Dollar StartUp List. This led me to ask “how many real Fintech Unicorns are in the Billion Dollar Startup Club”. It is a short list with Square, Stripe, Lending Club and Credit Karma. Lending Club has broken outRead More
Post Tagged with: "peer to peer finance"
Banks are worried that Fintech startups will “eat their lunch”, cherry picking their most valuable customers one service at a time. Instead of thinking defensively in traditional red ocean markets, they could be looking at blue ocean markets that they are not serving today. One of the biggest blue ocean markets is the underbanked. These…Read more Zidisha takes a radical approach to the global underbanked market
Fintech is an “overnight sensation” based on years of hard work, like artists who labor in obscurity for years and then suddenly they are the hot new star. This is the week that it all changes. It is not just because of the Lending Club IPO. That is the big story, but there is also…Read more The Lending Club IPO is the Netscape moment for Fintech
Hope springs eternal, but math is merciless. Financial innovation makes us hope for better outcomes for all. We hope that the securitization of mortgages leads to more people being able to afford to own their own homes. Seven years after the subprime mortgage meltdown, we hope that P2P Lending will enable people and small businesses […]
Bits don’t stop at borders. Bits also don’t stop at category boundaries. Retailers and banks both serve consumers and process payments. For most of the 20th century retailers and banks were partners. In the 21st century digital age, both have to get used to the more complex cooptition reality. BankersRead More