Hi all, Julie here.

Just got back to Austin, and I'm pretty sure I was everyone’s favorite guest on the airplane since I had a cute puppy with me. If you’re going to the Green Dot event here in Austin next week or attending my webinar with Matt Harris and Stephanie Kirkpatrick, you’ll get to meet the little one too :)

Lastly, my Tux Time episode with Maia Bittner is out! Highly recommend checking out this episode with a fintech legend.


Sponsored By, Laika

Moving up-market is complex and challenging, but can also transform businesses. We see startups hit roadblocks when they begin sales conversations with enterprise buyers. These companies want to work with innovative new technology, but lack of data security and privacy can leave you underprepared to meet enterprise needs.

With Laika’s planning and compliance platform to guide you through the process, founders and businesses complete compliance audits in 3-4 weeks. The team has a deep understanding of the procurement process--their experts used to sit on that side of the table--and they guide you through answering extensive security questionnaires from banks, healthcarez facilities, and enterprises. The platform automation helps meet aggressive timelines when working through stalled deals.

Check them out


The News

Robinhood Adds IPO Access

And then, a bunch of companies started offering access to IPOs. I’d love to learn more about how Robinhood, SoFi and others are doing these deals. Offering access to IPOs at the listing price isn’t as simple as flipping a switch. Obviously this is something that is pretty enticing since recent IPOs have typically opened far higher than their listing price. If you have more details, ping me!

Privacy.com Is Now Lithic

Our friends at Privacy.com are changing their name to Lithic and announcing a new $43M round led by Bessemer Venture Partners. Founded in 2014, the company started letting consumers generate virtual and disposable card numbers for free. More than 10M virtual card numbers have been issued to date. The company now also allows others to use its API to create cards for their own customers, adding in a B2B focus on top of the B2C strategy it started out with.

Marcus Partners with C2FO

Fintech upstart C2FO and Goldman’s Marcus announced a new partnership this week to provide unsecured financing to select businesses on C2FO’s platform. As of this summer, these businesses using C2FO will be invited to apply for financing of $10K to $1M. C2FO says it’s the world's largest platform for working capital, serving more than 1M businesses representing $10.5 trillion in annual sales across more than 180 countries. I’ve met the CEO before too, and he’s the complete opposite of the typical Silicon Valley founder (he was the board chairman of Agriculture Future of America). Awesome guy.

Figure’s $3.2B Valuation

Mike Cagney’s Figure Technologies announced a $200M funding round and a $3.2B valuation (which I think is around the same valuation SoFi had before Cagney left). His new venture is aiming to leverage blockchain to transform how the financial services industry operates (specifically lending, cap table management, payments and more).


Speaking of Matt Harris, congrats to Bain Capital on raising a new fund!

And congrats to Mark Goldberg of Index on the birth of his second child! He’s precious.

Screen Shot 2021-05-21 at 3.42.06 PM.png

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

FTT Update:

My Bitcoin Broke



chayka-boredapeclub.jpg.webp
FTT+:
JPMorgan Spends How Much On Just Maintaining Its Tech Stack?!
Hi all, Julie here. When JPMorgan reported earnings last week, you might have seen ...
image/svg+xml
Screen Shot 2022-01-14 at 11.06.55 AM.png
FTT Update:
How Do You Announce Funding on a Friday When you Champion a 4-Day Workweek?
Hi all, Julie here. Happy Friday and the start of a long weekend. I highly encourage ...
image/svg+xml
executium-vULKUuaMjDo-unsplash.jpg
FTT+:
New Crypto Skeptics At the CFPB and SEC
Hi all, Julie here. First off, please take this three minute survey for me and get ...
image/svg+xml
Screen Shot 2022-01-12 at 4.36.21 PM.png
FTT Update:
Sequoia-Backed Companies Account for 25%+ of the Nasdaq’s Total Value
Hi all, Julie here. Quick intro today: check out the latest episode of the Policy ...
image/svg+xml
Screen Shot 2022-01-11 at 12.42.34 PM.png
FTT+:
What Happened to My Fintech Stocks?
Hi all, Julie here. So I have a few fintech stocks in my portfolio, and recently, ...
image/svg+xml
Screen Shot 2022-01-10 at 11.54.35 AM.png
FTT Update:
Binance CEO Is Worth How Much Before Crypto?!
Hi all, Julie here. Hope everyone had a great first weekend of 2022. Jordan and ...
image/svg+xml

Don't miss out on any
news and updates!

Try it out now