“Once a job is done, it takes a 10x improvement to get users to switch, and, in a three-sided network, that 10x is 10^3.” - Ben Thompson, Stratechery This week has seen lots of news in the payments space with some exciting news from Apple, monster earnings from PayPal and a new bank charter! Also some data on fintech financing from H1 2020 shine a light on the impact from Covid.
Fintech funding slowdown
Fintech funding slowdown
Fintech funding slowdown
“Once a job is done, it takes a 10x improvement to get users to switch, and, in a three-sided network, that 10x is 10^3.” - Ben Thompson, Stratechery This week has seen lots of news in the payments space with some exciting news from Apple, monster earnings from PayPal and a new bank charter! Also some data on fintech financing from H1 2020 shine a light on the impact from Covid.