Fintech Today - FTT+: Are We At A Crypto Top?
Hi all, Julie here.
It’s almost time for Super Bowl Sunday. I remember back in 2016 when an editor of mine asked me to write about SoFi airing an ad during the big game and whether it was absurd for a fintech company to be spending that kind of money on a 30 second slot. There were other articles posing the question of whether this signaled a “market top.” SoFi had recently secured a big check from SoftBank, Robinhood wasn’t even a billion dollar company yet, and Square had just gone public in a rather dismal offering. Things are…a bit different this year. And it’s safe to say that was not, indeed, a market top.
In Partnership With ComplyAdvantage
From supply chains in crisis to high-wire geopolitical standoffs and the implementation of massive new regulatory frameworks, it’s going to be a landmark year for compliance professionals. In the final months of 2021, ComplyAdvantage surveyed over 800 C-suite and senior compliance decision-makers across North America, Europe, and Asia Pacific to see how they are navigating anti-financial crime compliance.
Not only is the game taking place at SoFi Stadium in LA, but Square powers all of the payment terminals in the arena. Maybe this kind of sounds like an ad for our industry, and maybe it kind of is, but I’m just so proud and so excited to be a part of this community and see huge milestones like this. From when I first started covering fintech nearly seven years ago to today, we’ve become the industry standard. It’s not ok to charge high trading fees, it’s not ok to charge overdrafts or have a terrible checking account experience, it’s not ok to ignore the consumer debt problem.
Are things overheated right now and the pullback we’ve seen in stock prices to start 2022 warranted? Probably. Did you see how much shares of these companies had risen in the past 18 months?! But I also stand with Plaid’s Zach Perret and think this is still only just the beginning.
This year, crypto companies are airing loads of ads for the first time. Crypto.com, FTX, Binance and more will be front and center on February 13 (note that Binance is doing an ad campaign around the game rather than during the game). So I guess my point is, when someone tries to tell you that crypto is at the top, remember that they said the same thing about fintech in 2016 ;)
Anyways, here are some of the ads that I know are happening at some point (the images are clickable for the full videos). Ping me if you know of others though!
Greenlight
FTX
Binance
Rocket Mortgage
Coinbase and Crypto.com will both be airing ads but haven’t disclosed who or what will be in them.
The real fintech OGs will remember what was perhaps the biggest win. Back in 2017, SoFi lucked out and got a highly discounted ad slot during the big game thanks to it going into overtime thanks to a Tom Brady comeback.
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.
Older messages
FTT Update: TikTok Rapper Hackers (Say That 3 Times Fast)
Wednesday, February 9, 2022
Hi all, Julie here. Yesterday started out by grabbing coffee with Adina Fischer from NYC Fintech Women and ended with Fintech Bae taking me out for pizza. I love this community <3 Today's
FTT+: Phantom Discord Notifications & Community as a Lifestyle
Tuesday, February 8, 2022
Hi all, Julie here. Parker, our resident crypto/defi/Web3 expert, is guest posting for us today. Since FTT has worked so hard to build a community, I loved reading her post on what community means
FTT Update: Crypto Super Bowl Weekend
Monday, February 7, 2022
Hi all, Julie here. Good weekend in Austin other than the fact that no one has bought the NFTs I minted yet. Sad. Today's Partner, Secureframe Secureframe makes it quick and easy to achieve
FTT Update: Exploiting a Wormhole
Friday, February 4, 2022
Hi all, Julie here. We survived the ice/cold temps unscathed. Thanks to my dad for giving us #AllTheTips on getting things ready for cold weather (pipes outside can freeze and burst?!). Thankfully
FTT+: An Insurtech Q&A With Ascend
Thursday, February 3, 2022
Hi all, Julie here. Insurtech is one area that I've yet to really grasp. Largely because I don't even understand how regular insurance works to begin with lol. I just know that no one likes
You Might Also Like
Banning the non-compete
Tuesday, April 23, 2024
Bloomberg Evening Briefing View in browser Bloomberg In a major victory for prospective employees looking down the barrel of a non-compete clause, the US Federal Trade Commission voted Tuesday to adopt
📉 Tesla's revenue couldn't steer itself
Tuesday, April 23, 2024
Finimize TOGETHER WITH Hi Reader, here's what you need to know for April 24th in 3:09 minutes. 🚎 If this newsletter makes your morning subway commute a little less hideous, take a look at our
Can you pass this basic retirement knowledge quiz?
Tuesday, April 23, 2024
Most adults won't ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Sleep Training: "A Symptom Of Capitalism"?
Tuesday, April 23, 2024
The raging debate over how to juggle kids and work. View this email online Planet Money Happy To Be Back, But Drowsy by Greg Rosalsky Well, I'm back. After a lengthy parental leave, when
Buy The New TSLA Before It Skyrockets [Here's Our Recommendation]
Tuesday, April 23, 2024
The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. Today, we ask one simple question: What if you could buy the next
Earnings bulls
Monday, April 22, 2024
Bloomberg Evening Briefing View in browser Bloomberg Robust earnings from corporate America will pull the S&P 500 Index out of its latest morass, despite rising concerns about a significant jump in
👀 Inside the weight-loss drug boom
Monday, April 22, 2024
Buyers saw money in music | Finance's best-kept secret let a little slip | Finimize TOGETHER WITH Hi Reader, here's what you need to know for April 23rd in 3:12 minutes. ☕️ Finimized over a
Who's Afraid of Index Funds?
Monday, April 22, 2024
Plus! Diff Jobs; The Market for Data; Crowded Careers; Black Boxes, Everywhere; Externalities; Intra-Elite Conflict Who's Afraid of Index Funds? By Byrne Hobart • 22 Apr 2024 View in browser View
Rodney's Take 4-22-24 Get Shorties
Monday, April 22, 2024
A Yen for Lower Rates ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📓 A test for the US economy
Sunday, April 21, 2024
Plus, everything you need to know for the week ahead | Finimize Hi Reader. We've revamped your weekly briefing to give you what you need to know for the week ahead and a recap of the past week. Let