If that does happen, hopefully it will allow other online lenders and FinTech firms to also find success in going public, likely furthering the revolution that many other financial technology companies have helped bring to fruition.
When Apple debuted Apple Pay in 2014, it was seen as a breakthrough for mobile payments that would help the technology catch on in the mainstream. While that's happened to a certain degree, adoption has been slower than some may have predicted.
Not only is PayPal's purchase of iZettle a strong move for the company but is likely also a win for FinTech and small businesses. That's because, with the increased competition Square faces from a combined iZettle and PayPal, you can expect that all parties will be looking to innovate and...
It seems that BlackRock has taken an interest in the opportunities micro-investing presents. This week the world's largest asset management firm announced a partnership with the FinTech company Acorns, leading a $50 million round for the app.
Samsung's introduction of cash back is a clever idea and one that's likely to help drive adoption of their service. Whether that translates to greater mobile payments usage overall remains to be seen but perhaps other wallets should follow Samsung's lead and make using mobile wallets a bit more rewarding.
Truth be told NerdWallet's new credit card selection tool for Alexa is unlikely to set the world on fire. That said it highlights a growing opportunity for FinTechs and other companies to supplement their current offerings, even if they don't lead to big returns just yet.
Much of the future of financial technology is wrapped up in how quickly technical capabilities advance. While the convenience on the horizon is mind-boggling, it must be approached with caution and sensibility to avoid compromising the privacy and stability of current financial practices.
On top of the record number of deals, increasing mega-deals, and a number of unicorns coming to life, it's also encouraging to see how many American companies are making an impact in the space. So while certain FinTech firms may not have made a major impact on the stock market...