In 2009, Jim McKelvey, a glassblower in St. Louis, lost a $2,000 sale because he could not accept credit cards. He called...
In November 2022, FTX collapsed in spectacular fashion. The cryptocurrency exchange, valued at $32 billion just seven months earlier, filed for bankruptcy...
In 2010, Y Combinator, a startup accelerator known primarily for funding software companies, accepted a payments startup called /dev/payments into its Winter...
In 2019, Rapyd, a London-based fintech infrastructure company, set itself an unusual goal: integrate every local payment method in every country into...
In March 2024, Sequoia Capital disclosed that its investments in Stripe had generated more than $3.5 billion in paper gains from an...
Estonia, a country of 1.3 million people on the Baltic Sea, has produced two fintech companies valued at over $1 billion: Wise...
In September 2023, Brian Armstrong, CEO of Coinbase, testified before the U.S. House Financial Services Committee on cryptocurrency regulation. The testimony was...
When Revolut applied for its United Kingdom banking license in 2019, regulators at the Prudential Regulation Authority did not simply evaluate the...
In September 2014, Apple’s senior vice president of internet services Eddy Cue placed a phone call to Dan Schulman, who had just...
In March 2016, a small office above a coffee shop in Lagos became the birthplace of Flutterwave, a payments company that would...
When Wealthfront CEO Andy Rachleff began publishing essays about investment methodology in 2012, his company managed less than 100 million dollars in...
In January 2019, the New York City subway system began displaying advertisements for a company most commuters had never heard of. The...
In November 2020, Kristo Kaarmann stood outside the London Stock Exchange wearing a t-shirt that read “Nothing to hide.” The co-founder of...
When Taavet Hinrikus co-founded TransferWise in 2011, the Estonian entrepreneur faced a credibility problem that no amount of marketing could solve quickly....
On June 25, 2020, Wirecard AG filed for insolvency after admitting that 1.9 billion euros in cash balances on its books likely...
In 2013, Ismail Ahmed sat in a cramped office in East London trying to solve a problem that spanned four continents. His...
In April 2021, Stripe completed a 600 million dollar fundraise that valued the company at 95 billion dollars, making it the most...
In late 2018, a compliance technology startup called ComplyAdvantage faced a problem common to fintech companies operating in unsexy but essential market...
In February 2015, Monzo did not yet have a banking license, a mobile app, or a single customer. What it had was...