Fintech News Issue #275 July 20th, 2020

Podcasts & Videos

    Fintech goes Public

    — via Roll Call

    Jannick Malling, the CEO of Public, a social investing app backed by the likes of Will Smith and JJ Watt, explains how platform technologies are transforming the "experience" of investing for millennials. Plus, how the company won international plaudits for its decision to block its customers from participating in Hertz’s troubled $1 billion stock offering.

Top Stories

    A fintech blog commenting on the Wirecard scandal stated: “Valued at €24 billion and part of Germany’s prestigious DAX stock index, it surprised and disappointed everyone when its auditors announced on June 18 that more than $2 billion in cash had disappeared.”

    While the category has heated up quickly, the sheer size of the fintech opportunity suggests that these exits are just the tip of the iceberg. In the next five years, fintech will drive some of the biggest VC exits.

    Fintech Needs IDIoTs

    — via Forbes

    A generation on from the famous “on the Internet nobody knows you’re a dog” cartoon that became a staple of management consultants’ presentations ever after, the situation is now far worse.

FinTech Articles