WORKWEEK

CRYPTO How crypto changes the fintech landscape  It’s impossible to ignore crypto assets’ growing popularity and the influence it has over fintech (+ overall culture of finance).  I’m a believer in crypto. I think that the underlying blockchain technology is set to revolutionize business and customer experiences—from retail banking to real estate investments—because of how it acts…

INDUSTRY Study ranks fintech’s top influencers The world is currently in the midst of a fintech boom where fintech is not only disrupting the old ways of financial services but becoming a part of our culture.  I’ve explained fintechs impact on society via many Twitter threads. So when this research by Utility Bidder hit my desk, I was not surprised but disappointed.  The study reveals the…

CRYPTO To bitcoin ETF or not to bitcoin ETF? Investment manager VanEck’s bitcoin futures ETF (XBTF) began trading on the Chicago-based CBOE exchange today.  VanEck pushed through after facing rejection from the SEC on a proposal for a “spot bitcoin ETF” a.k.a one that invests directly in bitcoin rather than futures contracts.  Obviously, a physically-backed bitcoin ETF remains the goal,…

EARNINGS MoneyLion roaring onto Wall Street  Fintech banking and investing app MoneyLion posted its first-ever earnings Wednesday. Here’s how else they did: 119% YoY increase to $42M in adjusted revenue (Q3) 131% YoY increase to 9.4M total registered users (YTD) 135% YoY increase to $275M total originations (Q3) Net loss of $20.3M (Q3) What’s next? When MoneyLion…