Tag: Finance

A Glimpse Into Future Investing

Image credit: Mathieu Stern This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. For centuries, the relationship between individuals and investment has been almost entirely siloed. There is you, and there is your banker, and there is a lot of legal and structural scaffolding to make sure that no one gets in between that relationship. Widening out […]

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Venture Capital Is Broken—But Who Can Really Fix It?

This piece was originally published at Observer.com Geoff Chapin started a very cool company in a very hot space. C-Combinator, which launched last year, tackles at least two major problems at once. Every year, mountains of seaweed amass on Caribbean beaches and slowly rot, creating not only a tourism-alienating stench but also methane gas, which contributes […]

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Private Equity Is Quietly Keeping Fossil Fuel Companies in Business

Much of the information in the report comes from Pitchbook, a company that compiles data on private market transactions. Mehta-Neugebauer says she and co-author Alyssa Giachino spent months looking through news reports and SEC filings to fill in the gaps in what was available on Pitchbook. Requirements are scant for private equity firms, not just […]

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UnitedMasters Launches Deal With Coinbase to Let Artists Get Paid in Cryptocurrency

UnitedMasters Launches Deal with Coinbase to Let Artists Get Paid in Cryptocurrency G/O Media may get a commission The platform is one of the first to offer this option, Bloomberg reports. Coinbase’s new payroll product gives artists the ability to choose how much of their royalties will be paid to them in cryptocurrency, as well […]

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CDX + FIN Present Accelerate Finance: Today! (Wed. Oct. 13, 2-5 ET)

Wednesday, October 13th | 2 – 5 PM ET Hosted in the financial capital of the world, New York City, Accelerate Finance: Money in a Mobile World will bring together executives from large financial services firms, fintech entrepreneurs, investors, enterprise software executives, stock analysts, and public policy experts for a half-day exploration of how the […]

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Banks can compete with big tech by exploiting the ‘trust’ gap

In recent years, big tech companies have been pivoting into different industries. By applying their knowledge of emerging tech, they’ve been able to disrupt and overtake established players in the market. And with the emergence of open banking, they’ve now turned their sights on the finance industry.  Google Pay will soon let Citibank customers (and […]

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Why Big Company Fintech Innovation Is So Hard

Spanish banking giant Banco Santander is shutting down its cross-border money transfer service, PagoFX. This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. This week witnessed major fintech pullbacks by two of the largest multinational companies in the world. The Spanish banking giant Banco Santander is shutting down PagoFX, the cross-border money transfer service it announced […]

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The Would-Be Banking Regulator Who Wants to Eliminate Banks

This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. Perhaps we were not paying the closest attention—shouldn’t-this-have-happened-months-ago?—to who would be nominated to head the Office of the Comptroller of the Currency (OCC), that backwater financial regulator that is part of Treasury and is impervious to reform because its statutory empowerment dates to the Civil War. […]

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The Senate’s Crypto Theater

Senator Pat Toomey at the Oversight of the U.S. Securities and Exchange Commission hearing September 14, 2021. This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. While there are probably few superior alternatives, a Congressional hearing is typically a poor venue for gaining insight into the American financial regulatory system. Even when the events are […]

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Does the Buy Now, Pay Later Wildfire Make Sense?

Like a barely contained wildfire, the Buy Now, Pay Later (BNPL) sector has been blazing across acres in recent days, bringing white-hot valuations and eye-watering acquisitions—and, like wildfires, it’s happening worldwide. This week, PayPal revealed it is purchasing Japan’s Paidy for $2.7 billion, in a “mostly cash” transaction (it’s funny that the OG digital money app […]

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At delta v Demo Day, the MIT community celebrates student entrepreneurs

You know things are getting closer to normal at MIT when people gather at Kresge Auditorium to celebrate student entrepreneurs. That was the case Friday at the delta v summer accelerator’s capstone event, Demo Day. None of the students who presented their startup success stories could have predicted the changing pandemic landscape they’d have to […]

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Does the SEC Have a “Crypto Mom” Problem?

This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. Consider, for a moment, the US Supreme Court, where the value of dissenting opinion is widely understood and praised. After all, given the shift over time in politics and values, today’s dissenting opinion is sometimes, very crucially, tomorrow’s presiding wisdom. In a different category, arguably, is the […]

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Facebook’s Coming Currency and Its Banking History No One Remembers

This piece originally appeared in FIN, James Ledbetter’s fintech newsletter. It’s coming! The not-entirely-Facebook-led-cryptocurrency-formerly-known-as-Libra is coming soon! Or is it? On August 16, The Block’s Frank Chaparro (subscription required) reported that Novi, the cryptowallet that is supposed to help people hold and spend the Facebook-backed, yet-to-launch stablecoin Diem, was trying to find another coin to work with. The reason, […]

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