Screen Shot 2021-07-14 at 3.28.18 PM.png

Hi all, Julie here.

Writing this in the airport heading back to Austin. Huge thank you to Jackie Reses for hosting our event with Lightspeed at her gorgeous home last night! Loved meeting people from Square, Robinhood, Anchorage, Modern Treasury and more. I would tell you what we talked about, but what happens at Jackie’s dinner table stays at Jackie’s dinner table ;) Looking forward to hosting more salon dinners like this in the future! Be sure to sign up for FTT+ to stay in the loop and for invites :)

Screen Shot 2021-07-14 at 3.29.37 PM.png


Today's Partner, InsideTracker

When you do what you love -- like running, like racing, like enjoying the great outdoors -- you want to do it for life. InsideTracker can help. InsideTracker was founded in 2009 by leading scientists in aging, genetics, and biometrics. Using their patented algorithm, InsideTracker analyzes your body’s data to provide you with a clear picture of what's going on inside you and to offer you science-backed recommendations for positive diet and lifestyle changes. Then InsideTracker tracks your progress every day, every step of the way toward reaching your performance goals and living a longer, healthier life.

For a limited time, you can get 25% off the entire InsideTracker store.


Company News

Apple x Goldman x BNPL

Honestly this was only a matter of time. Not so great for my shares of Affirm yesterday in any case though. Bloomberg had a scoop that Apple and Goldman are working on a new BNPL service that will let consumers pay for any Apple Pay purchase in installments. It’s supposedly called “Apple Pay Later” and will use Goldman as the lender for the loans (also makes sense given all the other things these two have worked on together). Curious if this will happen at the checkout (like Affirm) or be something the consumer chooses after the purchase (like AmEx). Still bullish on BNPL being a trend, but all of these announcements beg the question of whether this is a race to the bottom.

Funding/M&A

Railsbank Funding Round

Railsbank announced a new $70M round led by Anthos Capital. The UK-based startup is another in the banking-as-a-service space that appears to be gaining traction, building APIs for banking, payment cards and credit products. The company said the money is going to largely go towards product expansion. The startup argues that it’s different from competitors in that it has built a lot of its own infrastructure, but I’d bet a lot of its competitors would make a similar argument if I asked them. Thankfully for all of these guys, there’s plenty of demand to go around.

Crypto Watch

ECB Digital Currency

More Central Bank Digital Currency news! This time from the European Central Bank, which approved an “investigation phase” for a digital euro. Don’t start thinking this means we’ll get one soon though. This phase will last 24 months and aims to address key issues on design and distribution, according to an ECB statement. It also said it has no plans to replace cash, and that this would merely compliment it. ECB President Christine Lagarde has been more keen on this idea than other central bank leaders around the world, partially because she is very publicly against private crypto assets.


Together with, TrueAccord

Interested in understanding the key disruptive innovations for payments in the fintech industry? The Aite Group recently published their "Retail Banking & Payments Fintech Spotlight", which highlights how TrueAccord is disrupting the fintech industry and improving consumer experiences with debt. Download the Aite Group Report to learn why digital-first, machine learning powered collections are creating better experiences for consumers now.

Click here to download!

image/svg+xml Prev Next image/svg+xml

FTT Update:

A Dinner With Jackie Reses



Screen Shot 2021-09-09 at 9.53.18 AM.png
FTT+ Expert Charley Ma:
I'm An NFT Now
Hi everyone - Charley here! If you’ve been following me on Twitter, it’ll probably ...
image/svg+xml
Screen Shot 2021-09-08 at 2.50.35 PM.png
FTT Update:
Who Are You Calling Sketchy?
Hi all, Julie here. Writing this before going to get my hair colored since I’M LEAVING ...
image/svg+xml
200w.gif
FTT Special:
Which Challenger Bank Are You?
Hi all, Julie here. Special edition of FTT today thanks to friend and Zodiac guru ...
image/svg+xml
Untitled.png
FTT Update:
If You Don’t Offer Early Deposit, Are You Even A Fintech?
Hi all, Julie here. Happy official end of the summer! Definitely still feels like ...
image/svg+xml
andre-francois-mckenzie-JrjhtBJ-pGU-unsplash.jpg
FTT+ Expert John Collins:
Is Gary Gensler the Most Powerful Fintech Regulator?
Hello everyone, John here. I’m freshly back from my honeymoon after a short stop ...
image/svg+xml
IMG_0784.jpg
FTT Update:
This Newsletter Wants 3X Leveraged Ether Options
Hi all, Julie here. Sitting here thankful that Jordan offered to take the car to ...
image/svg+xml

Don't miss out on any
news and updates!

Try it out now