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Category: Startups

This category includes posts about individual fintech startups. Posts in this category will focus on specific companies, rather than industry trends or broader topics.

by Eric NovinsonPosted onFebruary 2, 2021February 7, 2021StartupsLeave a comment on An Example of Fintech Brandjacking

An Example of Fintech Brandjacking

Brandjacking is a growth hacking method where a startup uses another company’s brand to promote its own services. Sometimes, the brandjacker even impersonates the other…

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by Eric NovinsonPosted onJanuary 21, 2021January 26, 2021StartupsLeave a comment on The Startup That Cuts Payment Processing Fees

The Startup That Cuts Payment Processing Fees

I recently interviewed Lorde Astor West (Astor), the founder of fintech startup Scratchware. This startup pioneered Surcharging-as-a-Serviceā„¢ by making an app that can recover credit…

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by Eric NovinsonPosted onJanuary 7, 2021StartupsLeave a comment on Banking-as-a-Service Versus Upgrading the Core

Banking-as-a-Service Versus Upgrading the Core

Digital banks have gained popularity recently and traditional banks have two ways to launch them. A bank can carry out a core upgrade and replace…

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by Eric NovinsonPosted onDecember 10, 2020StartupsLeave a comment on Early Review of Unifimoney App

Early Review of Unifimoney App

I joined the beta program for the neobank app Unifimoney recently. While it’s clearly a banking app, it’s designed to function like the financial superapps…

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by Eric NovinsonPosted onDecember 3, 2020December 5, 2020Startups1 Comment on Agora Services Helps Small Banks and Credit Unions Embrace the Digital Bank Revolution

Agora Services Helps Small Banks and Credit Unions Embrace the Digital Bank Revolution

Credit unions and small banks need modern technology to compete with fintechs. If they don’t move fast, they could lose younger and business customers to…

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by Eric NovinsonPosted onNovember 19, 2020December 5, 2020StartupsLeave a comment on StartEngine Lets Crowdfunding Investors Trade Private Company Shares

StartEngine Lets Crowdfunding Investors Trade Private Company Shares

In October 2020, StartEngine launched its secondary trading platform. Now you can trade shares of crowdfunded startups before they go public. You don’t have to…

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by Eric NovinsonPosted onNovember 15, 2020December 5, 2020StartupsLeave a comment on Stackin Is Like a Neobank Marketplace Without the Bank

Stackin Is Like a Neobank Marketplace Without the Bank

Neobanks often launch without banking licenses and have fewer ways to earn money than big banks. So they often set up marketplaces that promote other…

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by Eric NovinsonPosted onOctober 29, 2020December 5, 2020StartupsLeave a comment on Tenants Can Avoid Security Deposits With Obligo

Tenants Can Avoid Security Deposits With Obligo

Renting an apartment in New York City can be expensive, especially in neighborhoods such as Manhattan. A new tenant might need to come up with…

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by Eric NovinsonPosted onOctober 22, 2020December 5, 2020StartupsLeave a comment on Behavioral Credit Scoring Helps Banks Lend in Uncertain Times

Behavioral Credit Scoring Helps Banks Lend in Uncertain Times

Singapore-based fintech CredoLab makes behavioral credit scoring software. It recently raised $7 million in a Series A funding round for its alternative credit scoring technology.…

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by Eric NovinsonPosted onOctober 8, 2020December 5, 2020StartupsLeave a comment on ClearBank Speeds Up Payment Processing in Britain

ClearBank Speeds Up Payment Processing in Britain

Challenger banks have a few advantages over traditional banks. Two of them are speed and costs. These fintech startups process transactions faster than traditional banks.…

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