FTT Update: And Your Fintech March Madness Finalists Are...
Hi all, Julie here. Finally in my new apartment and movers will arrive later this week. The end is in sight! Loving Austin so far :)
Before we get to March Madness and the News, I have to mention Tux Time again since we had Green Dot CEO Dan Henry on and his episode is out! I loved talking to him about all of the changes he’s made during his first year as CEO. Lots of management shake-ups, new partnerships, and launching a challenger bank. Ping me on Twitter with your thoughts and who else you think we should have on!
Jordan and I also got the pleasure of meeting Craig Lewis of Gig Wage in Dallas on Easter Sunday too! Such a gem and it was so exciting to hear about the exciting things he and his team are working on. He’ll be on the podcast soon to discuss.
Well, ladies and gentlemen, it has come down to this - the people have spoken and the finals are set. Buy Now Pay Later giant Affirm (which also has a job opening featured today) will go head to head with our Cinderella story, issuer Marqeta, to claim the title of Fintech Today March Madness Champion. Click on the bracket below to submit your votes - we will announce the tournament winner on Wednesday!
Coinbase Sets A Date
Coinbase confirmed a date of April 14 for its direct listing on the NASDAQ under $COIN. On Tuesday, April 6 after the bell, the crypto company said it will release its estimated Q1 earnings. It’s the first fintech offering we’ve seen in a few weeks in the US, and the first we’ve seen for the crypto space, so I’ll definitely be watching this one closely. Bitcoin is still holding near all-time highs, so I’d assume there will be a lot of interest in this public debut, but who know. Mario at The Generalists did a great deep dive into Coinbase (which Ian helped out with) that you should check out if you’re interested in learning more about it before it goes public.
Former Revolut Exec Raises New Funding
UK DeFi startup Gro raised $7.1M in a seed funding round led by Galaxy Digital and Framework Ventures. Founded by former Revolut and Spotify executive Hannes Graah, Gro says its products (none of which have launched but are supposed to soon) are designed to give people "simple and friendly" access to DeFi so they can create and share wealth by combining the best of decentralized and legacy finance. Yeah, I don’t really get it either and there’s not much info on the startup out there yet, so I guess all of us will have to wait to learn more. One thing that I do understand is that low interest rates are not only causing people to buy and sell stocks more often, but it’s causing them to turn to crypto as well. I’d personally love to learn more about DeFi, so if you have thoughts, please reach out!
WhatsApp Payments In Brazil
WhatsApp has officially received approval from a Brazilian regulator to allow users to send and receive payments on the Visa and Mastercard networks. This is exciting for the company as WhatsApp has tried and failed at receiving this approval a number of times in the past year or so. Last summer, Brazil’s Central Bank argued that WhatsApp was damaging to Brazil’s existing payment system and that it had not obtained the right licenses. This move is important for the company as it attempts to keep up with trends in mobile payments and social media. For now, WhatsApp is only allowed to handle peer-to-peer payments - merchants are not yet allowed.
Two job postings today from a larger company as well as a super early stage startup:
- Marketing and Community Manager at Avenify: Avenify is building better financial and career services for nurses, starting with student financing. It makes it easy for nurses to pay for school and to get a job once they graduate. The team is looking for a Marketing and Community Manager to grow its community, define and execute on its acquisition strategy, and own the relationship with its Members. An ideal candidate is an exceptional individual with experience in building communities and consumer brands, from brand ambassadorships, to newsletters, to social campaigns. It’s an early-stage startup, which means you'll be the first marketer, and among the first employees. You'll work closely with the founders, but this will be a high-autonomy role. You'll have the opportunity to shape the culture, innovate on new products, and build a category-defining company.
- Strategic Partnerships Manager - New Partnerships at Affirm: This role is responsible for identifying and executing new partnerships to help Affirm expand distribution and grow our merchant and consumer networks exponentially! This person will have extensive experience autonomously generating new business, navigating partnerships, a deep payments expertise, and will work cross-functionally to identify, structure, and execute some of Affirm’s largest and most strategic deals.
Julie VerHage-Greenberg is the co-founder of Fintech Today, where she focuses on editorial content and brand. Prior to joining, she was Bloomberg’s first fintech reporter, covering Robinhood from before it was a billion dollar company, breaking the news that Plaid was acquiring Quovo, and interviewing executives on Bloomberg TV and at several large conferences.
Thanks for reading! If you loved it, tell your friends to subscribe.
113 Cherry St #92768, Seattle, WA 98104-2205
Older messages
FTT Update: Your Fintech Final 4 Are...
Friday, April 2, 2021
Hi all, Julie here. Currently in Nashville. Tux loved listening to live music last night. Though now over the course of our trip, he has contracted pink eye, so Jordan is spending $130 at the vet
FTT Update: Confetti No More
Wednesday, March 31, 2021
Hi all, Julie here. I'm currently buried under a bunch of stuff in my Toyota Rav4 on the way to Austin. No Toyota didn't sponsor this newsletter, nor did the amazing Roadway Moving Company
FTT Update: Your Fintech Elite 8 Are...
Monday, March 29, 2021
Hi all, Julie here. Buried under a lot (and I mean a lot) of moving boxes. The big move starts less than 48 hours from now though! And thankfully I was able to see Ian in person before I left! He
FTT Update: Vote In the First Fintech March Madness Bracket!
Friday, March 26, 2021
Hey everyone, Jordan here. Looks like I passed my FTT initiation, because I'm back! March is one of my favorite times of the year - the weather finally starts to turn in NYC, vaccine
FTTea with Cokie: Customized Banking
Wednesday, March 24, 2021
Hi y'all, Cokie here! Today, I'm fortunate enough to be joined by Sufi Sidhu, Co-Founder and CPO at Otomo. We met a few months ago on what was supposed to be a 30 minute call, but quickly
You Might Also Like
🛢 Oil giants paid shareholders billions
Friday, April 26, 2024
The yen reached its lowest level since the '90s | Oil giants Exxon and Chevron showed off their stuff | Finimize TOGETHER WITH Hi Reader, here's what you need to know for April 27th in 3:14
AI’s big winner
Friday, April 26, 2024
Bloomberg Evening Briefing View in browser Bloomberg Nvidia shares rallied back from last week's selloff as some of the chip giant's biggest clients doubled down on artificial intelligence. The
The Biggest Investor in the World
Friday, April 26, 2024
Inside the World's Largest Sovereign Wealth Fund ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
A new take on our most profitable solution
Friday, April 26, 2024
The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. For years, we've been blown away by the sheer performance of our
Good news for Trump
Thursday, April 25, 2024
Bloomberg Evening Briefing View in browser Bloomberg In a potential victory of sorts for Donald Trump, the US Supreme Court suggested it might drag out his claim of immunity from prosecution, likely
📖 Alphabet and Microsoft opened the books
Thursday, April 25, 2024
Microsoft and Google-owner Alphabet both announced their quarterly results | The mining industry might be witnessing its biggest deal in years | Finimize TOGETHER WITH Hi Reader, here's what you
Don’t like surprise home expenses? Read this.
Thursday, April 25, 2024
Here's one of the best ways to help protect against expensive repairs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🎂 Icky icing on the cake
Thursday, April 25, 2024
Plus, should you share your salary with your kids? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
I haven't been this worried since 2008...
Thursday, April 25, 2024
The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. I'm officially sounding the alarm. AI has been the hottest
Metal is back
Wednesday, April 24, 2024
Bloomberg Evening Briefing View in browser Bloomberg Metal is back. Some of the world's biggest energy trading companies are returning to the sector years after getting burnt in notoriously