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Affirm’s big business for 2018 is marketing

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January 7 · Issue #116 · View online
Tearsheet Weekly Newsletter
BankMobile, the digital-only bank that offers checking accounts to students, will start offering credit cards, student refinancing and home equity this year.
In Canada, banks rule the roost when it comes to peer-to-peer payments. Way before Zelle and Venmo, banks above the border got together early to define the peer-to-peer payments experience with the formation of Interac.
Affirm may identify as a lending and payments startup, but its core business is all marketing. Here’s what the consumer lender has in store in 2018.
Citizens Bank is reducing its branch footprint and redesigning its existing ones. The goal is to grow relationships with customers, particularly business clients.
Ask a VC about fintech and you’ll hear about improving the existing, outdated financial system rather than introducing ways for people to manage their money. Investors are cooling on consumer-facing fintech.
The price of bitcoin is down and a new digital currency is surging: Ripple. Its price has jumped 35,000 percent in a year. Here’s a Ripple cheatsheet.
After going through a poor homebuying experience, Rajesh Bhat was compelled to find a better way. Roostify’s CEO is our guest on the podcast this week.
What we're reading
Startup turns a buzzword triple play with fintech, Bitcoin, and weed
Why are $20 million and 180,000 people suddenly in the market for digital cats? Someone gamified the blockchain.
Ousted SoFi CEO back with a new startup
Who’s the most valuable online lender? After this deal, it’s GreenSky
The mastermind behind Chase’s industry-changing Sapphire Reserve Card sets her sights on banking
A fight over the credit score lenders use for Your mortgage
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