Nubank: Building a USD 10 billion fintech in 6 years
Nubank is the world's most valuable digital bank. This post reflects on some of the reasons why the startup was able to achieve such success.
FinTech
PayTm- Disasters are Subjective!
“I always tried to turn every disaster into an opportunity”- John D. Rockerfeller.
This is the story of how Paytm turned one of India’s most recent economic disasters -Demonetization- into the reason for its unicorn status!
Plaid: A $5.3 Billion Winner
Visa recently announced plans to acquire Plaid for $5.3 billion dollars. How did this company become one of fintech’s biggest winners in only a few years?
Visa and Mastercard are LOSING fast to Indian alternatives
With the aggressive push towards UPI and Rupay by the Indian Government, global giants Visa and Mastercard are losing their dominance as Digital Payments Ecosystem in India proliferates.
Venmo – Winning a Larger Share of Consumers Wallet
Finally asking ourselves ‘what did we do before Venmo?’ and ‘how does Venmo create value?’
Monzo: A digital offering that has traditional UK banks scrambling
Monzo has positioned themselves as a digital-only alternative to traditional consumer banks. Their use of technology has allowed them to offer greater convenience, transparency and service – all at a lower cost. They’re winning, and they’re likely to continue doing so.
Kreditech: Loans based on Facebook posts?
By using new data sources and employing up-to-date machine learning technology, online loan provider Kreditech hopes to better understand applicant’s financial situation and personality.
A Brex of Fresh Air in Corporate Credit Access
Brex is a corporate card company that uses bank information to make real-time data-driven decisions about the credit limits that it should set for start-ups and other small businesses. This helps minimize financial risk while increasing the revenue that the company receives as a card issuer.
Are you loyal to bricks-and-mortar? (Wells Fargo vs. Revolut)
Revolut is a digital invader in retail banking. Are established banks well positioned to protect their lucrative position? A heavy anchor of branch network can let them down.
Goldman Sachs – A Technology Company?
In early 2017, Lloyd Blankfein (Goldman Sachs CEO) stated “We are a technology firm. We are a platform.” Goldman Sachs still has a long way to go, but is taking steps in the right direction to effectively employ digital technologies. What does this mean for the future of the traditional investment banking industry? Is human capital still a bank’s greatest asset?