Greg Cohen’s Post

The latest news highlights sustained growth in the fintech sector 📈 Recently, fintech companies like PayPal and Block 🚀 have seen significant stock increases before closing, with Stripe reporting a 25% volume increase last year 📊. This transaction margin growth reflects not just the individual success of these companies but the sector's overall expansion. Ignoring financial technology opportunities means missing out on a significant chance 💼. #Fintech #Innovation #Growth #FinancialTechnology #TheNetStreet #JorgeBlasco

From Confinity to Global Fintech Dominance: PayPal's journey is a testament to innovation, resilience, and adaptability. Explore the milestones that shaped its success and discover how it continues to redefine the future of digital finance. 🎯 #PayPalEvolution #innovationjourney #DigitalFinanceSuccess #GlobalPaymentLeader #techpioneers #digitaltransformation #wadic

State of FinTech Q2 2024 Report CB Insights - Two blockbuster deals buoy an otherwise flat quarter for the sector. On the surface, Q2’24 was a return to growth for #FinTech, with funding increasing 19% quarter-over-quarter (QoQ) to $8.9B. However, two huge deals for market intelligence firm AlphaSense and payments juggernaut Stripe obscured the reality that it was another tepid quarter for the sector as a whole. Other facts: Average deal size decreases to $12.8M, down 4% vs. 2023. Mid- and late-stage deal share is at 20% YTD, up from 18% in 2023. 30% of the biggest early-stage deals are for digital asset companies. US-based funding increases by 45% QoQ to $4.8B.  #financialservices #business #operations #innovation #funding #exits #technology https://lnkd.in/ejj7pnif

Where are the remaining massive opportunities investing in Fintech? Lisha Bell, Fund Manager of PayPal Ventures, has been responsible for building many of the earliest digital financial tools in online banking, bill pay and digital wallets. Her take? "We haven't solved the basic use cases around financial transactions and money movement. As long as it's still hard for people to move money, whether they're unbanked and they can't move from this account to this account. Or if they change geographies and now they're paying heavy fees to move money and remittance. All these are still problems that we have, even in America. Fix the basic cases. And let's use AI to power it and enable it. Give people the tools they need when they need it. And make sure it is thoughtful about where they are in their financial journey. Don't offer me a credit card with fees if, you know I can't afford a credit card with fees. That can be super powerful in lending and underwriting and all these use cases to expand the pie for for borrowers." My fintech investors, Earnest Sweat, Daniel Kimerling, Brian Ascher, what else? Are there still huge opportunities investing in #fintech? https://lnkd.in/dE6JEQs8

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Dive into our latest report where we break down the M&A landscape across payments.

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Dive into our latest report where we break down the M&A landscape across payments.

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Dive into our latest report where we break down the M&A landscape across payments.

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Dive into our latest report where we break down the M&A landscape across payments.

Revolut’s cofounder and CEO Nik Storonsky is preparing to turn part of his multibillion-dollar paper wealth into cold hard cash as part of the U.K. fintech’s upcoming secondary share sale. According to the Financial Times, the banking app is working on a $500 million share sale that will see existing shareholders, including employees, realize some of their gains at an expected valuation of over $40 billion. That price tag would make Revolut by far Europe’s most valuable private company, although the final size of the sale and valuation are still in flux. Read more: https://lnkd.in/eAFJg8eu

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Dive into our latest report where we break down the M&A landscape across payments.