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by Eric NovinsonPosted onNovember 15, 2020December 5, 2020StartupsLeave a comment on Stackin Is Like a Neobank Marketplace Without the Bank

Stackin Is Like a Neobank Marketplace Without the Bank

Neobanks often launch without banking licenses and have fewer ways to earn money than big banks. So they often set up marketplaces that promote other…

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by Eric NovinsonPosted onNovember 13, 2020December 5, 2020InformationLeave a comment on National Market Penetration in P2P Payments

National Market Penetration in P2P Payments

In the United States, bank account holders use apps like Zelle and Venmo to send payments to other individuals. Other countries, including Britain, Norway, Sweden,…

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by Eric NovinsonPosted onOctober 29, 2020December 5, 2020StartupsLeave a comment on Tenants Can Avoid Security Deposits With Obligo

Tenants Can Avoid Security Deposits With Obligo

Renting an apartment in New York City can be expensive, especially in neighborhoods such as Manhattan. A new tenant might need to come up with…

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by Eric NovinsonPosted onOctober 22, 2020December 5, 2020StartupsLeave a comment on Behavioral Credit Scoring Helps Banks Lend in Uncertain Times

Behavioral Credit Scoring Helps Banks Lend in Uncertain Times

Singapore-based fintech CredoLab makes behavioral credit scoring software. It recently raised $7 million in a Series A funding round for its alternative credit scoring technology.…

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by Eric NovinsonPosted onOctober 12, 2020December 5, 2020InformationLeave a comment on Investing for a Long Lifespan

Investing for a Long Lifespan

Biotechnology startups are developing medicines that may greatly prolong the human lifespan. If their scientists find treatments that work and these treatments survive their FDA…

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by Eric NovinsonPosted onOctober 8, 2020December 5, 2020StartupsLeave a comment on ClearBank Speeds Up Payment Processing in Britain

ClearBank Speeds Up Payment Processing in Britain

Challenger banks have a few advantages over traditional banks. Two of them are speed and costs. These fintech startups process transactions faster than traditional banks.…

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by Eric NovinsonPosted onOctober 6, 2020April 12, 2021StartupsLeave a comment on Modernizing Core Banking Software With Finxact

Modernizing Core Banking Software With Finxact

Challenger banks plan to lower banking costs by operating without physical branches. But that’s not their only advantage over traditional banks. These fintech startups use…

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by Eric NovinsonPosted onOctober 6, 2020December 5, 2020InformationLeave a comment on Fintech Marketing Methods

Fintech Marketing Methods

Fintechs use several marketing methods to distinguish themselves from traditional financial services companies. Challenger banks provide some great examples of these tactics. Many challenger banks…

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by Eric NovinsonPosted onSeptember 22, 2020April 12, 2021StartupsLeave a comment on Why Neobanks Were Really Founded

Why Neobanks Were Really Founded

Neobank Unifimoney recently launched a hard-hitting marketing campaign. If you remember the 2008 financial crisis, a few clips from an Unifimoney video could bring those…

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by Eric NovinsonPosted onSeptember 4, 2020April 12, 2021StartupsLeave a comment on The Gold-as-a-Service App

The Gold-as-a-Service App

Fintechs often help their users transfer electronic currency. Minted, a Gold-as-a-Service app, helps its customers trade physical assets like gold coins and bars. Other fintech…

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