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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

There have been some high-profile failures, such as JPMorgan’s short-lived mobile bank app Finn. But incumbent banks are also at the forefront of the most promising innovations in personal finance today, such as virtual credit cards. Budgeting & Saving: Millennials go mobile and embrace automation. It acquired 1.5M

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Braintree , a Chicago-based payment infrastructure company founded in 2007, aimed to replace the traditional model where merchants used different providers for a payment gateway and a merchant account. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. Source: Square.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Below is a timeline of some of the major Amazon Pay milestones: Amazon’s first known payments product, Pay with Amazon, launched in 2007. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Its first entry point in the market was in payments in October 2014.