February 24, 2020, is a day Ken Lin will never forget. The Credit Karma CEO was about to announce that the company he founded 13 years earlier was about to be acquired for more than $7 billion.
In Amazon scuffle, Visa’s loss could be Affirm’s gain
Let’s look at why BNPL is becoming a more attractive payment option for big e-commerce companies like Amazon and Walmart, as well as merchant marketplaces like Square and Shopify.
Lessons we learned from the last week of fintech earnings
Let’s examine a series of winning fintech results from BNPL, consumer finance, proptech and corporate finance before turning to fintech’s earnings misses from Q3 2021.
Zillow may be pulling up the welcome mat, but rival Opendoor is expanding into new markets
Zillow announced that it was hitting pause on its iBuying operations earlier this week, but rival Opendoor says it is expanding operations and plowing ahead.
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
BaaS served three ways: A closer look at a rapidly evolving market
There’s no one-size-fits-all solution, but having a better understanding of how BaaS providers position themselves between banks and fintechs can help potential customers determine which model is best for them.
Who needs a BaaS partner, anyway?
Banking as a service will change not just the way financial services apps are built and embedded into new platforms, but also the way in which consumers and businesses alike interact with their finances.
Goldman says $2.2B purchase of BNPL provider GreenSky will help expand Marcus
The acquisition is positioned to bolster the firm’s consumer business and offer new products and new ways to attract consumers to its Marcus by Goldman Sachs brand of finance products.
Better.com acquires UK-based Property Partner ahead of SPAC close
The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets.
Anatomy of a SPAC: Inside Better.com’s ambitious plans
“We aren’t so easily categorized,” said Better CEO Vishal Garg.