With 7M Customers (And Bitcoin Support) Is Square Cash App a Real Venmo Competitor?
EXCLUSIVE--Is Square quietly building the P2P app that will take Venmo’s crown? With seven million active monthly users in December ...
Tag: earnings
LendingClub Shares Fall as it Misses Estimates, Net Loss Nearly Triples
EXCLUSIVE— Shares of San Francisco-based online lender, LendingClub, fell as much as 11% yesterday after the company missed profit estimates ...
With Zelle Volume Growing, is PayPal Still King of P2P? (Yes.)
EXCLUSIVE— It’s hard to argue with results, and with $75 billion sent with Zelle, the banks’ “Venmo killer” is certainly ...
Investors Need to Watch Square’s Service Business
EXCLUSIVE -- With payment volumes and revenue on the up, payments company Square had another positive quarter yesterday as it ...
New AI-Driven Credit Model for LendingClub Spooks Investors
EXCLUSIVE— Online lender LendingClub Corp. reported revenue at an all-time high, growth in loan originations, and declining losses during its third ...
Mastercard Aiming to Keep Momentum With Masterpass, Blockchain, IoT
EXCLUSIVE— Masterpass, blockchain, and the Internet of Things are three of the largest areas of innovation on which Mastercard will keep its focus, ...
New Payment APIs, Tez Growth, Mobile Expansion Could Point to Bigger Fintech Ambitions for Google
EXCLUSIVE— Is Google looking to become a fintech power? The company, which reported strong results for its third quarter yesterday, ...
Branches Still Matter Even as Mobile Growth Continues, JPMorgan Chase Says
EXCLUSIVE— With 12% growth in mobile active customers year over year, JPMorgan Chase is quite aware of mobile banking’s growing ...
China Rapid Finance Is Expecting to Add 3M New Borrowers by End of 2017
EXCLUSIVE — Shanghai-based online lender China Rapid Finance reported a 240% growth in consumer loan volume year-over-year and is expecting ...
Traditional FIs Now Driving Cashless, Contactless Payment Adoption, USA Technologies Says
EXCLUSIVE— Contactless, cashless payments are on the rise in retail, driven forward as payment companies like Mastercard and Visa increase ...
