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

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. In 2016, the company took out a $250M line of credit from Barclays, Goldman, JPMorgan Chase, and Morgan Stanley. Source: Square. Business lending & corporate cards.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Millennials were almost four times as likely as other generations to find themselves unemployed during the recession, and households headed by millennials born in the 1980s actually lost net worth between 2010 and 2016. Investing: Robo-advisors and micro-investing lower barriers to entry. Payments: Mobile is replacing cash.

Finance 77
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In his 2016 annual letter to shareholders , Bezos outlined Amazon’s goal of expanding Amazon Lending: by continuing to work with partner banks to manage the bulk of the credit, the retailer can mitigate credit risk and calm investor nerves. The bulk of growth in 2017 was to businesses in the US, where the company originated $1B in loans.

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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

CapBay (Malaysia) CapBay is an award-winning supply chain finance and P2P financing platform established in 2016. Crypto.com (Singapore) Founded in 2016 and headquartered in Singapore, Crypto.com is a leading cryptocurrency platform. The company facilitates inclusive business financing using existing trade data and relationships.

FinTech 125
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Piece By Piece: 14 Offsite Construction Companies Transforming The Building Industry

CB Insights

From Marriott opening its first modular hotel, to tech giants like Alphabet investing in modular housing, to Japanese retailer Muji launching prefab micro-homes, offsite construction methods are gaining traction. FullStack formed in 2016 after purchasing Forest City’s modular business unit assets. EMAGISPACE. rematerials.

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

Bots on Messenger were launched in April of 2016 – two years after Marcus took charge – to much fanfare. And all of them – developed and developing – use regulated rails, bank accounts and compliant fiat currencies to remove user confusion and friction, establish trust, enable merchant acceptance and accelerate market entry and scale.

Bots 62