A Look Back on NY FinTech Week 2024
Empire Startups - Everything FinTech
Empire startups is the largest community of FinTech entrepreneurs, investors, and bank innovators in the world.
Hi there,
What’s everyone been up to these past few weeks? ?? The Empire team is (somewhat) relaxed and refreshed after a riveting NY FinTech Week.
The energy in the city is something that could not be ignored. It's safe to say that NYC is *THE* place to be when it comes to FinTech – not just during April 8th-12th, but every day. We witnessed this firsthand in a conversation that kicked off the Empire FinTech Conference, Titans of NYC, with Amy Nauiokas (Founder & CEO of Anthemis Group , Johnny Ayers (CEO & Founder, Socure ), and Tommy Nicholas , (CEO of Alloy ), moderated by Fintech Is Femme 's Nicole Casperson .
But it’s more than just hearing about the energy and excitement in this city from a star-studded panel. Through the 60+ events that took place during these five days, you could feel just how powerful this community truly is:
We want to thank all of our sponsors – without your support, none of this would have been possible. We also want to shoutout to ALL of our event organizers across the week, who helped make this our biggest NY FinTech Week yet!
But most importantly, we want to also thank you. Whether you’ve been following Empire Startups for a decade or these past few weeks, took in on all the action or simply supported from afar.
It's safe to say that the FinTech ecosystem is alive and well, and with a community like ours, we can’t wait to see how the rest of 2024 unfolds.
?? Featured FinTech Events
ATLANTA
NEW YORK
OTHER CITIES
???? The latest news in FinTech.
Reads
?? Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending | CNBC
The move puts One in direct competition with Affirm, the BNPL leader and exclusive provider of installment loans for Walmart customers since 2019.
?? Goldman Sachs Selling Marcus Invest's Digital Investing Accounts to Betterment | WSJ
The digital investing accounts are expected to transition to Betterment on or about June 29.
?? SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy | TechCrunch
The banking-as-a-service space as a whole has faced turbulence in recent times.
??Fed courts nonbanks for FedNow growth | PaymentsDive
The Federal Reserve won’t provide fintechs with direct access to its new instant payments system FedNow, but it’s still courting their participation in the new real-time ecosystem.
?? The Mixed State Of Startup Funding In 2024, In 11 Charts | Crunchbase News
Startup investors kept a tight hold on their wallets in the first quarter of 2024, Crunchbase data shows.
Listens
???? Revolut takes on NuBank in Mexico as fintech heats up in LATAM | Fintech Insider Podcast by 11:FS
Our expert hosts, Kate Moody and Nadine Timmer-Bodenstein, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including Revolut's new banking licence in Mexico, just as Nubank also ramp up in the region. Plus, the launch of Project Nemo, a new 12 month initiative aimed to improve disability inclusion in fintech.
?? Bank Nerd Corner: The Relationship Between Stock Prices and Bank Health, Tokenization’s Disruptive Potential, and Lots of FHLB Talk with Steven Kelly | Fintech Takes
In this super special edition of Bank Nerd Corner, Alex and Kiah are joined by Steven Kelly, the Associate Director of Research at the Yale Program on Financial Stability. They dive into the Q1 Bank Earnings, debating exactly how much stock prices matter in determining bank health. Is there too much emphasis placed on the connection between stock prices and deposit runs at the bank? Kiah, Alex, and Steven debunk some of the biggest misconceptions about bank solvency and unravel how banks have always operated at negative equity—and why that doesn’t mean they won’t turn a profit eventually.
?? Featured FinTech Funding
PRE-SEED
Powerbroker AI, $1.5M (InsurTech , San Francisco)
Galleon , $1.5M (Mortgage/Real estate, New York)
SEED
Aark , $6M (Blockchain/Crypto, New York)
SERIES A
GovDash , $10M (RegTech, New York)
SERIES D
Ramp , $150M (Lending, New York)
?? Want more? Find our full funding report here.
?? Featured FinTech Jobs
New York
Remote
San Francisco
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Founder / CEO @ Galleon
11 个月Thanks for giving Galleon a nod Jon!
The Ghost of FinTech Future
11 个月I think he liked it Elite Rubin