The dream of riding in a driverless vehicle has become a reality. The similarities to a future of finance are hard to ignore. Just like for cars, there will be levels of financial autonomy. I lay them out here in the 6 Levels of Autonomous Finance:
https://t.co/zhUXsfa7kt
We are excited to announce the addition of new General Partner, Chris Bishko, and Partner promotions for Edwin Loredo and David Roos, joining Susan Ehrlich and Arjan Schütte.
https://t.co/uc4AQhNPla
Did you know the Fed's 2% inflation target had little mathematical basis? It really was just a guess! Macro + Fintech update below where I look at why the Fed's job got much harder in February:
https://t.co/b4R956e7ZU
Super excited for our recent investment to officially launch! @FWD_platform assists governments with public fund distribution and could not be more aligned with @TheRealCoreVC's belief that you can build massively impactful and valuable companies at the same time
I put my interest rates trading hat back on to digest what the market is telling us and how higher rates affect fintech and crypto startups. Despite the grim news you read about on twitter, there are some bright spots! Thoughts?
https://t.co/oEai7qsEFN
The inflation print outpaced expectations (7.5%), while the Fed’s Bullard suggested a 50bp rise in March or even a surprise hike earlier. What that means for tech stocks, and fintech included, is that we may not have seen the lows yet.
#Fintech weekly news + #jotw 👇
Our GP @KUtecht says it best.. in poetic form! Can't wait to see the impact @AdditionWealth has on the world.
If you want the best financial planning services for your employees, check them out
Early 2021
A very warm intro
To Ana Mahony
A fabulous CEO
A star at Uber
A CFPB queen
X factor combo
Top 1% we’ve seen
Tackling consumers’ wealth
Not an easy feat
Empowering employees
To tackle Silicon Valley / Wall Street
1/ After doing weekly #fintech threads and intimately monitoring the industry as an investor, I’d figure I’d do a wrap of my take aways and the big happenings for 2021. It's hard to be comprehensive with so much that happened, so help me fill in the gaps, what did I miss?
🧵👇
Nothing like capping off an incredible year for @getampla by bringing on awesome new partners with a well-deserved raise. We're so excited about the impact Ampla is having on growing SMBs in need of non-dilutive capital and can't wait to see what the new year brings 👀👀
Today we’re excited to announce we’ve closed our $40 million Series A #funding round, co-led by @ForerunnerVC and @vmg_partners! We want to thank our customers and partners for all their support and inspiration.
What better day to announce that we're backing @GiveGroundswell than on National Giving Day. Groundswell is building DAFs-as-a-service and revolutionizing how employees give. Excited to see what this becomes 💪
https://t.co/4BULCC0XgN
Last week ENS gave free money to users. A lot of it. This week a DAO came close to buying the constitution.
#fintech weekly news, jotw, and a whole lot of deals announced! ->
As we question what fintech company will become the next super app of this universe, Facebook said they’ll be the super app of the #metaverse with a spectacularly innovative new name, Meta. For all the memes he's been the brunt of, Zuck is playing chess.
#fintechnews + jotw👇
And for jotw, @seed_fi is on a mission to improve financial security for the 100m Americans living paycheck to paycheck. They are hiring a Senior Product Analyst, check them out! https://t.co/pTLaXyHf4G
Medicare represents a massively growing opportunity and one that can have an incredibly positive impact on its end consumers. Excited to join the ride with Chapter, the leading technology-driven Medicare Advisor.
https://t.co/Gp8xG4bTOn
We love investing in founders, like @bthamilton, who are committed to both mercenary and missionary returns . Excited to continue on this journey 🚀
One is hiring across the board, reach out to join the ride!
Thus far, a consumers data has been leveraged to the fullest extent by companies. Its time for consumers to take back control. @KloverApp provides low-cost access to financial tools by allowing users to capture the benefit of their permissioned data🚀🚀🚀
https://t.co/vnvjBRUxCJ
In January, Jamie Dimon said he was “scared sh*tless” of fintech rivals. While it seemed like he was late to the party, perhaps it was actually just getting started. In H1 2021, fintech fundings outpaced any FULL year on record. Sheeesh!
Weekly recap (so. many. deals.)👇
Imagine competing with a company that automates your core service, offers it for free, and then you botch the response so badly that you pay $200m in SEC fines. That’s what happened to Schwab in roboadvisory.
#Fintech weekly news + a position of the week at the end 👀👇
Even people who can’t afford a home should have a chance to invest in one.
At Arrived, we empower the world to build wealth through modern real estate investing, with as little as $100. Today we take a massive step towards real estate ownership for all.
https://t.co/HqEDA9PikF