Don’t Start a Fintech Startup
Fintech is hot right now. But compared to consumer internet or B2B SaaS, fintech businesses are hard to scale and difficult to sell.
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Amazon Bank Account Threatens Incumbents
Amazon is looking for a banking partner to allow purchases on its eCommerce platform without paying credit card companies their cut.
Lemonade Raises Series C Led by Softbank
Softbank will lead a $120 million Series C in Lemonade, the AI-enabled homeowners and renters insurance startup. The latest round gives it a $500 million pre-money valuation.
Why Geo-Arbitrage Doesn’t Work in Alt Lending
Alternative lending platforms are popular in the West, but have failed to gain traction in the developing world.