Latest News Hot off the Press

June 24, 2019

 Despite a slew of mobile apps designed to help us budget better, it still wouldn’t be considered shocking to bring “a shoebox full of documents” to apply for a mortgage. That’s according to fintech startup Plaid CEO Zach Perret, who spoke at Fortune’s inaugural Brainstorm Finance event in Montauk, N.Y., on Thursday.

A Silicon Valley startup like Plaid would be expected to work o...

June 17, 2019

Google, PayPal and dozens of other technology and fintech companies have visited with officials at the Office of the Comptroller of the Currency during the past year to explore whether to obtain the agency's new special-purpose national bank charter, according to sources familiar with the matter. 

But both Google and PayPal, as well as several others, have since backed off over fears that they could...

June 6, 2019

Holt’s fintech program 2.0 is going to be bigger and better with more advisors, potential for more investment, and more services to help fintech startups grow. 

Chosen early-stage pre-series A fintech startups (i.e. bootstrapped, pre-seed, seed, or bridge) will receive up to CAD $125,000, and a host of increased benefits that include:

• Tripling the amount of advisors, and their engagement – now alm...

May 27, 2019

Once every few weeks, Myra Haq withdraws $100 or so from Earnin, an app that lets people borrow small sums of money. “I started using Earnin when I was a minimum wage intern so I could pay for [things like] the bus to work and food,” Haq said. Now that she’s no longer an intern making minimum wage — she currently works as a nanny, handles a children’s clothing company’s social media accounts, and s...

May 13, 2019

Whether we like it or not, the car will soon be disrupted. Like the telephone before it, the car as we know it has potential to be transformed to become a new and better product and unlock hundreds of billions of dollars of wealth in the process. While the old car might run on gas and be driven by regular drivers, the car of the future will likely be automated, allow for ride sharing, and be potent...

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