Wanna Build A Super App? Try Embedded Fintech First
Something that’s irked me over the last few years is the rhetoric around building a financial super app. Before, we talked a bit into why companies want to rebundle financial services—it increases revenue and retention for existing customers and it’s got really easy to build new digital financial services from scratch. But just cause you…
Read MoreFTT Q&A With M1 Finance CEO Brian Barnes
Last week when we wrote about rebundling, we talked about some companies that have built strong businesses with that strategy. One example is M1 Finance—an app that started out in wealth management that now offers a more complete suite of financial products. I was lucky enough to email Brian Barnes a few questions about M1…
Read MoreCongress Looking At Crypto Fraud, Alloy Raises At A $1.5B Valuation
Congress turns its head towards crypto fraud On Tuesday, the House Committee on Oversight and Reform released a series of letters addressed to four government agencies: SEC, CFTC, FTC, and DOT; as well as five crypto exchange platforms: Binance US, FTX, Coinbase, Kraken, and KuCoin. These letters represent the committee’s first attempt to understand issues…
Read MoreIdentifying Burnout Is The Hardest Part
Fred Again For those of you who don’t know, I’m a big music guy. While I mainly listen to rap, over the past few years I’ve been getting way more into house music (my wife wasn’t thrilled about this initially but she’s slowly getting on board…she recently told me she’d go to a DJ set…
Read MoreWhat Is Rebundling & Why Is Everyone Doing It?
Was chatting with someone new to the fintech industry the other day and mentioned rebundling—something I’ve written about since 2019 but seems to be very popular nowadays, judging by the number of analyst reports I’ve been getting mentioning rebundling, and everyone talking about becoming a “fintech super app” (a phrase I absolutely loathe, btw. I…
Read MoreCash App To Add Commerce Section—FTX Made *Bank* In 2021
Before we dive into this week’s news, it’s almost the end of summer, and I deeply apologize that I haven’t made that many playlists. I honestly haven’t listened to much new music this summer. But I made an “End of Summer 2022” playlist for y’all which I think is quite good (my wife Stevie does…
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