The Latest from Ryan Lawler
How Credit Karma, acquired amid COVID chaos, fared in its first year under Intuit
February 24, 2020, is a day Ken Lin will never forget. The Credit Karma CEO was about to announce that the company he founded 13 years earlier was about to be acquired for more than $7 billion.
In Amazon scuffle, Visa’s loss could be Affirm’s gain
Let's look at why BNPL is becoming a more attractive payment option for big e-commerce companies like Amazon and Walmart, as well as merchant marketplaces like Square and Shopify.
Lessons we learned from the last week of fintech earnings
Let’s examine a series of winning fintech results from BNPL, consumer finance, proptech and corporate finance before turning to fintech's earnings misses from Q3 2021.
Debt-as-a-service provider Sivo wants to power the next generation of lending startups
Sivo wants to do for debt what Stripe did for payments: Make it as easy to access a debt facility as plugging into an API.
Expensify CEO David Barrett discusses going public and why expense management is a $1T opportunity
"I think what is really driving this, honestly, is just liquidity for our early shareholders. We haven't raised money in so long that our VCs basically just need liquidity."
What does Zillow’s exit tell us about the health of the iBuying market?
Selling an asset at a loss is a bad idea in most areas of business, but it is a particularly bad idea in a market where sales cycles are slow, unpredictable and largely out of your control.
Once focused on mortgage banking, Blend is now going after the broader fintech market
Since it was founded in 2012, Blend has signed up some of the biggest banks in the country. Now, it’s setting its sights on the startup and fintech market, hoping to power fast-growing digital lende
Credit card and payments companies compete for a slice of the growing BNPL market
A year ago, the biggest players in the BNPL space were companies founded solely to offer consumers the ability to pay in installments at the point of sale. But the landscape looks very different now.
Zillow may be pulling up the welcome mat, but rival Opendoor is expanding into new markets
Zillow announced that it was hitting pause on its iBuying operations earlier this week, but rival Opendoor says it is expanding operations and plowing ahead.
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Inside Plaid’s plans to build a new, global finance network
When Visa announced plans to purchase Plaid for $5.3 billion in January 2020, the deal represented one of the largest acquisitions of a fintech upstart by an incumbent financial powerhouse. But 12 mon
BaaS served three ways: A closer look at a rapidly evolving market
There's no one-size-fits-all solution, but having a better understanding of how BaaS providers position themselves between banks and fintechs can help potential customers determine which model is best
Global startups raise $158B in Q3, an all-time record
We're beginning to see why it feels so busy out there. It is!
Who needs a BaaS partner, anyway?
Banking as a service will change not just the way financial services apps are built and embedded into new platforms, but also the way in which consumers and businesses alike interact with their financ
Goldman says $2.2B purchase of BNPL provider GreenSky will help expand Marcus
The acquisition is positioned to bolster the firm's consumer business and offer new products and new ways to attract consumers to its Marcus by Goldman Sachs brand of finance products.
Better.com acquires UK-based Property Partner ahead of SPAC close
The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets.
Anatomy of a SPAC: Inside Better.com’s ambitious plans
“We aren't so easily categorized,” said Better CEO Vishal Garg.
All the reasons why you should launch a credit or debit card
To learn more about the pros and cons, we spoke with executives from Marqeta, Expensify and Cardless.
Ramp and Brex draw diverging market plans with M&A strategies
From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days.
Why fintechs are buying up legacy financial services companies
As more fintech companies find their way to higher and higher valuations in both the private and public markets, expect to see more legacy banks and lenders be gobbled up by newer entrants.