article thumbnail

Can FinTech Walk The FinTalk?

PYMNTS

Investors have remained skeptical that the marketplace business model touted in 2006 is sustainable. All-digital, all-tech lending platforms that could deliver better user experiences and faster credit decisioning would become the new normal and take share from banks who were too big and cost-laden to keep — or catch — up.

Fintech 183
article thumbnail

Decoupled Debit — Again?

PYMNTS

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. And what was the product? No, not the iPhone, but that would be a good guess. But even that has changed.

Branding 184
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Xero Partners with Expensify for In-House Expense Management

Fintech Labs Insights

“From one product-driven technology company to another, we’re committed to improving an already world-class user experience and process,” Expensify Director of Sales and Success Jason Mills said.

article thumbnail

We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

A host of startups have emerged to capitalize on this trend. The secrets of user growth. To build a successful personal finance management tool, it’s important to understand the dynamics of user acquisition and growth. It can burden users with excessive information and friction that ruins the user experience.

Tools 78
article thumbnail

242 Startup Failure Post-Mortems

CB Insights

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. Three notable excerpts: First Attempts : Blin.gy We needed 40% day-one returns and were closer to 25%. The clock kept ticking.

Company 78
article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals. Get the 65-page report on teardowns for Union Square Ventures, Andreessen Horowitz, Sequoia Capital, and more. JD.com took a huge risk by stepping into a major market and investor Capital Today made a $2.4B

Lending 78
article thumbnail

Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. and by the way banking licenses are sort of hard to find in 2006?—?why why not create a connective platform like Kazaa?

Lending 52