Praf

friendly neighborhood tech bro | building the 🐐 bank @column

[Praf @__praf__]

def not a light jacket day https://t.co/nNGfyBo8BP

[Praf @__praf__]

sf cookin

[Praf @__praf__]

my full love letter: https://t.co/oADOZiW2Oe

[Praf @__praf__]

remember when uber/lyft was like $2?

feeling that way about AI right now

maybe this time it will last

[Praf @__praf__]

@0xVishnya @StripeCrypto @privy_io holy frankensteined...just use column

[Praf @__praf__]

@atmo_ai Can I use your data for my SF weather app?

https://t.co/nNGfyBo8BP?

[William Hockey @williamhockey]

tbh deposits are a dumb metric. real metrics...

- If you're an investor - ROE
- If you're an owner/operator - net income
- If you're a deposit customer - loans/deposit ratio
- If you're a lending customer - available liquidity and ACL
- If you're a VC who knows nothing about financial services - deposits

fwiw we're at $XXb+in deposits but it doesn't matter, doesn't have much of a correlation to good financial institutions.

ie: there are a dozen ways to juice this metric if I wanted to. I could log into a single deposit brokerage service and raise $10B of deposits to report on my balance sheet at the day I file for a call report (and there are a bunch of cute ways to make them not show up as brokered on your call report) 🤷‍♂️

[Praf @__praf__]

lol @column is MUCH bigger than this

[Wyatt Khosrowshahi @wyatt_khos]

Erebor reported raise at $9.5b on $4b+ in deposits

Column hasn't raised vc but rumored $6b val with $1.5b. But emphasis on other rev streams like payments, interchange

Will be interesting to see where Erebor and the other new banks go from here, what rev streams they lean into

[Praf @__praf__]

imagine a card in your pocket that you fully program end to end

want to only accept transactions for exactly $420.69?
want to deny swipes if mercury is in retrograde?
want to prevent your agent from buying itself more tokens?

features that used to take years to build can be vibe-coded in a weekend on @column

things are about to get really fun

[Column @column]

We built an issuer processor from scratch.

If you want to launch a program for every card type, with options like:
- credit
- debit
- prepaid
- stablecoin-backed

On both @Visa & @Mastercard

One integration with Column gives you BIN sponsorship, issuer processing, and capital

[Praf @__praf__]

@sahirjaggi 🔥

[Circle @circle]

Column is adding USDC to its payments infrastructure.

Fintechs banking with @column can now access stablecoin payments alongside cards, wires, ACH, Swift, and RTP through a single API.

This is USDC becoming part of real financial infrastructure.

https://t.co/22DBD8wbIy

[Praf @__praf__]

stablecoins: finally built right

directly into the worlds most advanced banking core

[Column @column]

Stablecoins have arrived at Column
- No prefunding
- Instant, 24/7 conversion in and out of USD
- Major coins like @USDC on major chains like @solana
- Stablecoin address and bank account on one ledger
- Plug into fiat rails like SWIFT and FedNow/RTP
- Stablecoin-backed cards

[Praf @__praf__]

@0xjpb1 @column “delayed update” understatement of the year

[Praf @__praf__]

four years ago we launched a bank. today we completed the stack

@column is now the most technically advanced global banking core, card issuer, and stablecoin platform

so proud of this team, and can't wait to share more!

[William Hockey @williamhockey]

We started @column with the insane idea to rebuild every component of the financial system from scratch. Today, I think we've finally completed that build.

We're releasing four new products, so any technology company can build at the frontier of financial services.

[William Hockey @williamhockey]

We’ve been building…

https://t.co/gVgaZc2mVF

[Praf @__praf__]

there's an easy way to proof innocence here: solve another one

ball dont lie

[OpenAI @OpenAI]

We congratulate Levent Alpöge and Tristan Buckmaster on their remarkable mathematical work.

We (the researchers and the agents) did not see any of their work through any means until they released it publicly — in particular, no specific user data was accessed in order to solve this problem.

While unlikely, we cannot rule out that de-identified data derived from their usage of our products helped improve our models.

However, our proofs differ significantly and even the precise results proved are different in the Euler case (forced vs. unforced).

[Praf @__praf__]

this could be us

[alaxic @alaxic]

@KenWattana *Exciting fintech is a fintech company, not an FDIC-insured bank. Banking services and debit cards provided through Column N.A., Members FDIC

[Praf @__praf__]

@nico_laqua huge arb to be technical and living up here ngl