Hours after the #SouthPark episode, looks like @paramountplus is looking for some help with marketing compliance.
@HelloWarrant is happy to help before the FCC comes knocking. Schedule a demo.
Beyond privileged, ecstatic, and emotional to debut Figma Slides (aka Flides) to the world today 🎁
It has been incredibly challenging and rewarding to build a product that leverages the power of the @figma platform and feels accessible to *anyone*
We can't wait for you to tell your stories.
Did we just become best friends? Yep! Stripe @atlas and Brex have partnered to offer you faster access to a powerful, startup-friendly banking experience after you incorporate. We’ll even reimburse your $500 incorporation fee for a limited time! Launch faster and bank better in one shot here: https://t.co/0yHOwfSw6T
You can now access banking through @brexHQ immediately after incorporation with Atlas. No waiting for the IRS to assign your EIN. 🏦 https://t.co/Bo0WwXFvca
Today Brex is launching a new, supercharged banking experience for startups with @Stripe and @Column 🏦
The banking process can be difficult for new founders — especially non-U.S. residents. They often have to wait 5+ weeks for an EIN from the IRS before they can even apply for an account.
Then after receiving it, they’re often faced with slow, expensive banking options that make it harder for founders to run their business.
Today, we’re solving both problems with two key updates:
First, in partnership with @Column, we’ve supercharged the Brex business account — already used by 1 in 3 US startups — to bring you checking, treasury, and vault in one.
💵Checking: Send and receive funds worldwide with no transaction fees on ACH transfers, checks, and domestic wires.
💰Treasury: Earn yield from day 1 with 100% liquidity and easy auto transfers — all with no fees, minimums, or waiting periods (the only player in the space to do this).
🔐Vault: Diversify your funds across more than 20 program banks for up to $6M of total FDIC insurance (20x the national average).
Second, in partnership with @Stripe, companies incorporated with Stripe Atlas can now apply for a Brex business account immediately after incorporation.
We will also reimburse 100% of the Stripe Atlas cost for Delaware C-Corp Incorporation for new customers ($500 value).
Plus, you can begin using your Brex business account immediately, even as you await your EIN!
We’re excited to roll this out and fuel your next big idea.
It’s official—we can say the B word! That’s right, thanks to our partnership with @columnbank, our Brex business account now delivers a supercharged BANKING experience that helps you protect your cash and extend your runway. See how we reimagined startup banking to help you scale faster here: https://t.co/5x5JIpDWhC
Fintech 🤝 #NYTechWeek
Heard a great conversation centered around fintech and product building at @brexHQ from Head of Global Financial Products @EricaDorfman and Principal Product Manager Richie Wu, moderated by @thefintechfund’s @NikMilanovic.
Today we’re announcing our 24’ Summer release at @BrexHQ! ☀️ AI-powered accounting with continuous close (first software ever to do so), two completely redesigned products, and a blazing-fast new UI with 100+ improvements that make Brex the most powerful *and* simple it’s ever been
Six years ago, we started Brex as a corporate card designed by a tech company, not a bank. We grew quickly along with our customers, and built so many products as they scaled – like global capabilities, robust expense policies, live budgets and more. Our product depth is why 120+ public companies rely on Brex every day to run their businesses.
But back in December, we decided to look inward. We realized that building so much, so quickly, sometimes came at odds with our original vision of simplicity. We made our main priority for this year to deliver not just the most powerful spend platform on the planet, but also the most simple, thoughtful and delightful user experience for founders and Finance teams.
We had to completely change how we run the company to make this release happen and I’m so proud to share it with you–as it’s our largest and most polished release to date. Key highlights:
📕 A new AI-based accounting workflow that allows customers to achieve continuous close and close the books every day – the nirvana of accounting.
💳 A new Card Control Center that makes it easy to manage cards and limits at scale (whether you have 5 or 50,000 cards), as well as spend requests that replace janky PO workflows.
💵 Bill Pay with AI-based line itemization, multi-entity support, and the ability to pay bills by card, earning rewards and cashback on spend that was previously going through ACH.
🔎 Redesigned tables, with consistent and blazing-fast responsiveness on filtering, pagination, grouping, sorting, as well as LLM-based search that is 400% faster.
🚀 100+ other updates, such as AI-powered Slack integration, account co-branding, audit trails, sandbox mode, stable credit limits, a new security hub and much more.
#FinTech#2024Predictions#FinanceInnovation
Disclaimer: The opinions expressed in this post are solely my own and do not reflect the official stance or plans of my affiliated company.
7. Expanded Investment Options:
Both B2B and consumers can anticipate an increased variety and availability of money market funds and fixed investments as their popularity grows.
Meanwhile, Fintechs that already offer banking services may introduce tiered banking or investment opportunities with different minimums and more favorable interest rates, catering to a diverse range of customer needs.
6. Consumer-Centric Solutions:
With the departure of Mint, there's a golden opportunity for FinTech to address consumer needs in spend management and budgeting. Expect a surge in innovative solutions that leverage technology already prevalent in B2B to empower individuals.
4. Market Consolidation in Startups/SME B2B Fintech:
Rho acquired Capital/PartyRound this year and Divvy is now fully integrated into BILL. I think we'll continue to witness consolidation through acquisitions or exits. This could lead to a streamlined and more mature market.
5. The Ubiquity of Banking
Card-first providers like Ramp and Parker that don't have banking today are likely to launch products this year to take advantage of low-interest rates. The emergence of Banking as a Service partners make this easier than ever with fast speed to market.
3. Entry of Big Banks into Spend Management:
Brace yourselves for a significant shift as big banks with heavy credit portfolios (Amex, Capital One) make their foray into B2B and even B2C spend management. This could occur through in-house development or strategic acquisitions.
2. Service and Implementation as Upgrades:
Given CX remains a huge cost center, I wouldn't be surprised to see Fintech firms start to tier their customer support, offering enhanced customer service (i.e., phone support, 24-7) and implementation as premium add-ons.