Finance
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Affirm is charging ahead with its IPO as it targets a valuation of more than $9 billion. From increased competition to pressure on fees, here are the challenges and opportunities facing Max Levchin’s fintech.
Buy now, pay later startup Affirm filed an updated S-1 filing, signalling its intent to go public soon. The fintech, which was...
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China regulator calls on internet platforms to review their fintech compliance
The China Banking and Insurance Regulatory Commission (CBIRC) has stated that all domestic internet platforms offering fintech services need to internally assess...
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Chime and Current made select clients’ stimulus payments available to them on December 29
Chime and Current made the latest round of stimulus payments available early to some customers. This is a move that may drive...
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A rising star in Credit Suisse’s equity division has left after less than 2 years, and speculation is swirling over who has poached her
Lucy Baldwin has left her role as global head of equity sales at Credit Suisse after less than two years, Insider has...
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A crypto exchange wants to list futures contracts tied to the outcome of NFL games to help sportsbooks hedge their risks
ErisX, a digital currency derivatives exchange and clearinghouse, has proposed new futures contracts tied to the outcome of NFL games. While retail...
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Wall Street’s rising stars from firms like Goldman Sachs, Bridgewater, and Carlyle share their best career advice
Victor Perez of Wells Fargo: Remember you’re in the people business. Wells Fargo Wells Fargo’s Victor Perez said it’s important for people...
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How the banking-as-a-service industry works and BaaS market outlook for 2021
Banking-as-a-Service (BaaS) platforms provide more financial transparency options by letting banks open up their APIs for third parties to develop new services....
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The pitch deck a direct-to-consumer life insurance startup used to raise $20 million
Aaron Shapiro, former CEO at marketing agency Huge, launched Dayforward, which he pitches as the first DTC life insurance provider. He just...
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402Warren Buffett’s right-hand man shapes his investing approach and keeps him disciplined, ‘Shark Tank’ star Kevin O’Leary says
Berkshire Hathaway CEO Warren Buffett and Vice-Chairman Charlie Munger. Reuters Warren Buffett’s business partner, Charlie Munger, molded the Berkshire Hathaway CEO’s investing...
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Big predictions for the year ahead on Wall Street
Hello readers, Happy New Year! In case you missed it, check out our rundown of the Wall Street stories that defined 2020....