Mobile payments is one of the hottest sectors in Fintech. Venmo and Square/CashApp have battled for years over the hearts and minds of millennials, with CashApp recently declaring victory– thanks in part, some say, to its pioneering incorporation of Bitcoin trading into the app. In May,… Read More
Read more in: Fintech | Tagged jack dorsey, payments, square, venmo
A German designer and coder has revealed that payment app (and PayPal subsidiary) Venmo has been publishing the intimate purchase details, profile pics and personal messages of users online- everything from lovers’ quarrel texts to drug deal texts to junk food purchases and purchase locations-… Read More
PayPal’s P2P payments app Venmo announced on Monday the launch of its Venmo debit card. According to Venmo the new debit card will allow users to spend their Venmo balance in more places because the card can be used everywhere Mastercard is accepted in the U.S…. Read More
Read more in: Fintech | Tagged debit card, mobile app, p2p payments, paypal, venmo
Zelle, the erstwhile Venmo killer, is the creation of a cabal of traditional banks. As of this month, 86 million mobile banking customers will be able to utilize the peer to peer payments platform to send money via mobil banking apps. The list of the… Read More
Read more in: Fintech, Opinion | Tagged paypal, venmo, zelle
On March 24, 2017, shareholders of PayPal Holdings Inc., the parent company of mobile-payment provider Venmo, filed a derivative suit against its directors in the District Court of Delaware. A derivative suit is a form of class action in which shareholders can sue company… Read More
Read more in: Fintech, General News | Tagged class action, lawsuit, paypal, venmo
Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press these past few weeks)… Read More
Read more in: Fintech | Tagged bank of america, citigroup, jpmorgan chase, mastercard, paypal, venmo, visa, wells fargo, zelle
Perpetual television news magazine 60 Minutes has finally gotten around to addressing the Fintech movement. 6o Minutes has been on the air since before most of the people reading this were born (1968). The doyenne of the show, Leslie Stahl, tackles the Fintech topic that… Read More
Read more in: General News | Tagged 60 minutes, affirm, max levchin, millenials, venmo
“Millennials hate their banks” is a common phrase thrown around in some circles. I’m not sure it’s true. I’m not sure young people care about banks at all, in any practical way. For a long time, people have thought of “banks” as an all-encompassing… Read More
Read more in: Featured Headlines, General News, Opinion | Tagged banking, ian rosen, millennials, perspective, venmo
David Haber is the co-founder, CEO and visionary behind Bond Street, an online lender that empowers small businesses by providing financing in a simple, transparent and fair way. Haber leads Bond Street’s overall company vision, strategy, fundraising and business development functions. Through Bond Street, Haber aims to… Read More
Read more in: Featured Headlines, General News, Investment Platforms and Marketplaces, Offerings, Opinion | Tagged angela ceresnie, bond street, collaborative fund, david haber, david shaw, david snitkof, fintech, jonathan kelfer, matt burton, matt coffin, orchard, p2p lending, peyton sherwood, plaid, SME, spark capital, stripe, venmo
Taking a time out from his duties at crowdfunding platform, Tilt, co-founder and CEO James Beshara shares his thoughts about the funding method and its future with Fortune magazine. While discussing funding method’s growing popularity over the past few years, Beshara explained,”The amount of attention… Read More
Read more in: General News, Investment Platforms and Marketplaces | Tagged email, facebook, fortune, james beshara, kickstarter, tilt, venmo
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