Maybe the Real PFM Was the Fintech We Built Along the Way
This tweet from Sheel Mohnot, co-founder of Better Tomorrow Ventures, has been generating a steady and entertaining volume of replies for the past couple of days: The replies generally fall into a few buckets: None of these replies quite hit the nail on the head for me, so – as someone who has plenty of…
Read MorePlaid Officially Jumps Into Lending
3 Fintech News Stories #1: Plaid Officially Jumps Into Lending What happened? Fintech Takes can exclusively reveal that Plaid has created a separate legal entity, which will operate as a consumer reporting agency (CRA), clearing the way for the company to play a much larger role in helping its customers make lending decisions. According to…
Read MoreWorking Through a Backlog of Interesting Fintech News
A lot of interesting stuff has been announced recently, so let’s catch up on all the fintech news! #1: Intuit Kills Mint What happened? Mint, an OG fintech product and one that I personally have a lot of affection for, is being shuttered: Intuit Inc. is winding down personal-finance app Mint, and pushing users to…
Read MoreA First Principles Look at Small Business Lending
Every year, the National Small Business Association (NSBA) conducts a survey of small business owners. In this year’s survey, more than one-third of small business owners reported not being able to secure sufficient financing for their business, which was the highest that percentage has been since the start of the Great Recession in 2008. Consequently,…
Read MoreThe Curse of Being a Credit Builder Nerd
3 FINTECH NEWS STORIES #1: The Curse of Being a Credit Builder Nerd What happened? NerdWallet is joining Credit Karma and Experian in offering its own financial product directly to its users, and you’ll never guess which product they are starting with: The new NerdUp is a secured credit card that is designed to help…
Read MoreObservations From Money 20/20
Let me start by sharing my Money 20/20 stats: I’m not going to share my stats from the basketball game because, honestly, I’m just happy I didn’t sprain an ankle or have a heart attack running up and down the court, chasing after everyone. There are some serious hoopers working in fintech! (BTW – pickup…
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