April is Financial Literacy Month, but research has shown that people often feel insecure when looking at their finances. Often, these feelings stem from a lack of understanding about finance and how to manage personal finances, leaving people to feel vulnerable and frustrated. However, instead of shutting down when the conversation broaches personal finances, The Financial […]
The anonymity of Cryptocurrency is one of its biggest selling points. Yet at the same time, the same anonymity prevents mainstream adoption from financial institutions due to Know Your Transaction (KYT) concerns. Bringing this gap isChainalysis, a NYC startup launched in 2014, that allows financial institutions and governments all over the world to conduct cryptocurrency […]
YieldStreet, the alternative investment platform for retail investors, has agreed to acquire Athena Art Finance from the Carlyle Group and its co-investors for $170M. “Athena is the leading provider of credit solutions for the global art market and has scaled the business with strong growth and asset performance. Art financing is an attractive asset class […]
Businesses have historically been hesitant to adopt commercial card payments since card payments have transaction fees that are typically paid by the supplier. Boost Payment Solutions, an innovative fintech company, has redefined the rules of commercial card payments and in 2018, the company experienced a 70% increase in its commercial card volume transaction. Boost’s versatile cloud-based […]
As AlleyWatch opens up nominations for the 2019 NYC Fintech Influencers feature, we take a look at the 14 largest FinTech startup funding rounds in NYC history using some data from our friends at Crunchbase. In addition to dollar amount of the round, I have included industry focal point, round type, date of funding, year of founding, […]
Black Bear Life simplifies life insurance through technology. Founders Brett Smith and Tim Stoner discuss how the company’s platform lets you suecure life insurance in less than ten minutes without health checks or blood tests.
For entrepreneurially minded millennials in finance, being a contributing part of this shifting culture could serve as excellent grounding for that dream of leading a successful startup.
Managing personal finances has lots of moving pieces and nuanced details, and this is only amplified when accounting for the modern, cultural shift in family structures. A great solution for keeping all family members- and even friends- up to date with personal finances is Namu. This fintech app allows friends and families to manage their […]
I’ve written extensively about my experience seeing the crypto light, and why others struggle to see it. This post is about why, when people see the crypto light, everyone sees something different. The Blind Men & An Elephant The genesis of this post was the result of reading an interesting post by Casey Caruso “The five camps of crypto”. In […]
Need to rent an apartment in NYC? It’s not an easy task with stringent rental qualification requirements. Those that are deemed unqualified renters are normally composed of recent grads, students, expats, and entrepreneurs who are trying to find an apartment but face barriers like high upfront cost and strict credit requirements. TheGuarantors is the NYC […]
Per CoinMarketCap, total crypto market capped peaked at $795.8 billion on January 7, 2018. Since that time, we’ve lost over $680 billion in market cap. We’re down over 85%. Crypto total market cap bottomed at $102 billion. So at the bottom, crypto had lost $692 billion. However, the total amount lost by FAMGA (my acronym […]