Is the fed action operation chokepoint or a nothing burger?
What do mobile banking, BNPL, and embedded finance have in common? They were all once "too small to matter."
Great UX reduces CAC, Cost to Serve and increases cross sell. Plus, my take on the Mercury / Choice / De-risking Saga.
f/acc. Finance accelerated. It's about embracing fintech's potential while responsibly managing risks.
Fintech's current revenues of $320 billion represent just 3% of financial services, and they're predicted to balloon to $1.5 trillion by 2030
Plus: The fallout from the Evolve hack as Affirm, Stripe and more potentially impacted
The entire category if company is winning because incumbent solutions are poor, and new companies demand solutions that are 100x more efficient
Financial services could be much lower cost and much more rewarding if we structurally attacked cost. Meow is attacking this head on and an intense way.
Apple has stuck the landing on AI. What excites me is what could happen with AI + the Apple Wallet.
Mercury hit 8 Quarters of profit and has more cash on its balance sheet than it has raised. Immad believes the account is the wedge to build a financial platform.
This issue is not a Banking-as-a-Service thing; it's a finance thing. What we see with Synapse, Evolve and Yotta is not the only example. But it's by far the most challenging to unpick.
Do growth companies want a relationship with humans when seeking capital or managing cash?Â