SWAN’S $40M RAISE
Despite global fintech funding being down 84% YoY, French fintech Swan bags $40m to scale their embedded banking services across Europe. Hope for fintech and Europe?
Parse notes
Despite global fintech funding being down 84% YoY, French fintech Swan bags $40m to scale their embedded banking services across Europe. Hope for fintech and Europe?
FTX has been given approval to liquidate its assets in order to begin paying back its users in USD. However, it still has a lot of assets. How will this liquidation impact the crypto market as supply floods the market?
Xbox has launched the Xbox Mastercard in collaboration with Barclays. The Xbox Mastercard is a rewards card that players can use to earn points through everyday purchases to redeem on games. Wasn’t it Angela Stange who said in 2019 that every company will be a fintech company?
If you have a Chief People Officer who is overly focused on the transactional parts of their operations, like payroll and benefits, doesn’t speak up in executive team meetings, and has morale or turnover issues in their own team, you’ve got big problems.
Leadership is challenging, but getting advice from experienced peers and investors makes the job much easier. The key to getting the most out of advice is considering the situational context around the advice and maintaining enough humility to properly receive the advice.
As founders, we can often get lost in the to-do’s. The details of these tasks consume us. Here’s a nice reminder to reflect on the real goals of life, which often don’t involve money. It’s about the people you retain and live with along the way.
This is a fascinating read that argues how investors behave around new technologies. Without benchmarks and historical insight, investors will revert back to founder-market-fit, using signals like pedigree and education. A canonical example of this is the amount of researchers and PhD wielders that have been recipients of the latest AI funding boom.
A healthy reminder that as a founder you’re going to be banging your head against the wall almost daily. How you handle the bumps and continue on course matters.
Qui-Gon Jinn nailed it, your focus determines your reality.
All exceptional startups have some things in common: an exceptional CEO, executive team, investors, talent, and product.