Banks Can't Keep Up As Fintech Upstarts Innovate At A Breakneck Pace

The incumbents of the traditional financial services world—banks and VCs, for example—do some things well. Unfortunately, for them, a wave of upstarts is taking advantage of what many traditionalists don’t do well: move at the speed of today’s economy and today’s American small business. OnDeck Capital Inc., on the brink of [...]

Topics:  vcs   ondeck capital inc   banks   upstarts   today   
BING NEWS:
  • SOFI Stock Buy Alert: Why This Fintech Phenom Is Set to Outpace Big Banks
    One in particular has to do with valuation. Some investors argue that, once fully scaled up, shares in the fintech firm/neobank will trade at a price-to-earnings ratio similar to that of a ...
    03/5/2024 - 11:03 pm | View Link
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