Brands as Banks, Samsung Money, Kabbage vs. OnDeck and Fintech Geopolitics

July 31, 2020 36 min
Business
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Today, we’re joined by Lex Sokolin to talk news and current events.

The fintech world is not taking the summer off. New developments are coming fast and furious, from fundraisings to product launches to government intervention.

Banking for brands startup Bond raised $32 million to capitalize on the exploding trend of B2B2C banking.

Samsung Money launched, leveraging SoFi’s infrastructure. As SoFi again seeks a national banking charter, they could become the de facto leader in this space.

Kabbage and Intuit launched small business bank accounts as extensions of their already deep relationships with SMBs.

And WhatsApp is trialing all sorts of financial services in India just as Chinese fintech super apps are being banned from the country.

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Thank you very much for joining us today. Please welcome, Lex Sokolin.

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