WORKWEEK

Seismic is a fintech that leverages artificial intelligence and personalized content to create more productive interactions between sales teams and buyers.  For example, Seismic’s AI-guided platform will gather information based on customer engagement history, like the amount of time a client has spent viewing certain documents or emails, to reveal the next best action to take. The…

TL;DR: Codoxo, a healthcare SaaS application, closed a $20 million oversubscribed Series B funding round (led by QED Investors).  The round supports increased demand for its Forensic AI Platform that addresses fraud and payment integrity issues for healthcare payers.  What’s Up Platforms like Codoxo remind me that fintech and healthcare have a lot more in common than expected, and fintech companies…

TL;DR: Two big events are happening in China: The Winter Olympics kick off Friday in Beijing and so does a huge push to promote the digital yuan, i.e. the world’s first central bank-backed digital currency (CBDC).  China first rolled out the digital yuan in 2019, but opened it up this month to all citizens along…

TL;DR: F-Prime wanted to publish a Fintech Index, designed to track the performance of emerging, publicly-traded financial technology companies, years ago. But it wasn’t until 2021 that there was a large enough sample size of fintech companies slated to go public to actually track.  Fintech performance is just heating up. Can you feel it? What’s Up…

TL;DR: Companies with more racial and ethnic diversity in their leadership teams perform better financially, but we don’t talk about that enough in fintech.  So, let’s talk.  Straight Facts For every 10% increase in racial and ethnic diversity on the senior-exec team, earnings before interest and taxes (EBIT) rises 0.8%.  There is a 35% greater likelihood that companies…

TL;DR: UBS is acquiring robo-advisor Wealthfront in an all-cash transaction worth $1.4 billion. The exit isn’t bad. In fact, it’s good for Wealthfront. But it does place a ? on the future of fintech disruptors to challenge Wall Street instead of becoming a part of it.  What will keep other large independent robo-advisors strong enough to stand…