3 Fintech News Stories #1: The Credit Card for Greedy, Lazy Transactors  What happened? Following its acquisition of X1, Robinhood announced a credit card: The investing app Robinhood is making headlines with the announcement of the Robinhood Gold Card. This credit card features a minimum of 3% cash back on all purchases and there’s even…

Let’s talk about the mechanics of how digital consumer lending has evolved over the last couple of decades. Twenty-ish years ago, Renaud LaPlanche and a few other clever folks figured out how to use the internet to facilitate a highly scalable and capital-light approach to lending by directly connecting borrowers and investors.  Person-to-person (P2P) lending…

(Editor’s Note – Today’s essay was written by Matt Harris. Matt is the founder of TwentySeven Nine, a company that builds products and services in order to make the founder journey easier. In addition to coaching over 10 founders backed by VCs like a16z, Index, Deciens, General Catalyst, and Harlem Capital, Matt has also founded…

Let’s start with an observation – the development of innovative technology tends to start out narrowly, focused on specific use cases and problems. However, what distinguishes truly disruptive technology is the transition that it makes from a purpose-built solution to a more generalized capability. Take computers, for example. In the early days of computing, machines…

3 Fintech News Stories #1: WOW! This seems unsustainable! What happened? MoneyLion introduced a new premium subscription: Priced at $9.99 a month, MoneyLion WOW offers members exclusive benefits like cash back on first- and third-party products and offers. Together, these can add up to hundreds of dollars in benefits each year, according to a presentation…