Fintech Fail – USPS Wants “in” on Banking
Serving up a legitimate head-scratcher this week was a report from the Washington Post providing an update on the United States Postal Service’s (USPS) pilot
October 9, 2021
Google’s GPay Flexes Fintech Muscle with Plex
As a diehard Google Workspace and Android customer, this past month has put my loyalties to the test. I’ve been on the receiving end of an all-out marketing assault
August 2, 2021
Social Shopping – Upending eCommerce
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. From the late 1970s through the early 2000s, shopping malls
June 1, 2021
Fintech, Wealthtech M&A Puts Broker-Dealers in Play
On Monday, Vancouver, BC-based MOGO (NASDAQ: MOGO) (TSX: MOGO)announced its agreement to acquire Montreal, QC securities dealer Fortification Capital for roughly $1,050,000 in cash and 75,000 shares of MOGO common stock.
May 24, 2021
Flying Blind
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. Here’s A Riddle: What happens to credit scores during a
May 24, 2021
Fintech? Good. Payments Processor? Bad.
This past Tuesday, REPAY (NASDAQ: RPAY), the integrated payments processor based in Atlanta, GA, announced its acquisition of Scottsdale, AZ-based BillingTree from Parthenon Capital for approximately $503M in stock and cash.
May 17, 2021
Inflation Is Here! Headlines Are Misleading.
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. The U.S. Bureau of Labor Statistics released Consumer Price Index (CPI)
May 17, 2021
Square’s Surprise Earnings
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. Square released earnings last Thursday, beating analyst projections by 250%
May 10, 2021
Fidelity, Schwab Signal Wealthtech M&A Explosion
The numbers are staggering. On Wednesday, Fidelity Investments reported that for the 1st quarter of 2021 it added 4.1 million new accounts, up roughly 160% from the same
May 10, 2021