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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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A $7 trillion opportunity for banks … or is it?
Banks are boring but necessary. Banks are stable, secure, reliant, resilient and shouldn’t innovate or do things that could increase risk to the system. As a result, banks have been here forever and, love or hate them, will never go away. According to a new report from the Boston Consulting Group (BCG), global banks could boost……
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Brex lays off nearly 20% of workforce
Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce. The move will help Brex become “a high-velocity company” that is “leaner, faster and closer to customers,” Brex founder and co-chief executive Pedro Franceschi said in a release. “I realized we grew our org too quickly, making…
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Fintech Klarna CEO signals IPO in U.S. may happen ‘quite soon’
Klarna Bank AB, the Swedish fintech that was once Europe’s most valuable startup, may soon launch a stock market listing in the US, according to Chief Executive Officer Sebastian Siemiatkowski. “It’s very likely that this is going to happen quite soon, but there are no official dates,” he said in a video interview with BNN Bloomberg in…
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Brex cuts 20% of staff amid reports of stalled growth, high burn
Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company’s website) today, announcing the news. In addition, Brex announced that its COO, Michael Tannenbaum,…