Robinhood $HOOD joins Fintech 50 Index at rank 19 based on a market cap around $32 billion

Fintech 50 Index is 50 publicly traded Fintech stocks ranked by market cap and has been incubated within Daily Fintech, the leading site for Fintech, Crypto and Insurtech trends & analysis. Robinhood went for a traditional IPO (Initial Public Offering) vs the DPO (Direct Public Offering) chosen by Coinbase in their 14 April public stock […]

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Why we are replacing $GS with $RKT in the Fintech 50 Index today

Today is 3 months from when Coinbase went public and we released the first version of our Fintech 50 Index. The most controversial entry in our Fintech 50 Index was Goldman Sachs (GS) which we classed as Fintech because Goldman Sachs is a Fin that is so smart about Tech that they are almost Fintech. I […]

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Part 4 is it possible to create investable assets that are low cost AND active?

Part 1 (8 June), part 2 (15 June), part 3 (22 June). The short answer is yes, with the help (of course) of new technology. People investing for the long term (eg parents on behalf of new born babies or people who are decades away from retirement) need decisions that are Simple, Sensible, Set & […]

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Part 3 – birth certificate assets that teach the power of compound interest

Part 1 (8 June), part 2 (15 June), part 4 (29 June). If you give cash in the form of equity to a new born baby and lock that capital away for a long time, when that person receives the capital they will learn the power of compounding. Wealthy families already do this. What about poor […]

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Part 2 – some pucks moving in the right direction to democratise Wall Street

Part 1 (8 June), part 3 (22 June), part 4 (29 June). I could be accused or being optimistic to the point of naivety but I draw hope from 5 things that are at least moving in the right direction of democratising Wall Street. – price/fees competition. Funds that sell high cost active alpha have to […]

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Part 1 what is NOT democratising Wall Street

There is a lot of the hype around “democratising Wall Street”. In this 4-part series we look at what is needed to really democratize Wall Street and why that is so important. Some subjects are too complex for our short attention spans, so we do 4 posts one week apart, each one short enough not […]

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Following the Greensill Capital scandal, when will investors learn to stop trusting Softbank?

This article is written by guest author Jack Wright. All opinions expressed here are his. Daily Fintech very seldom looks at one-off guest posts and never look at ones that are promotional. However this one caught my eye as a) Greensill is such a big complex story b) I was keen to get the perspective […]

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OOPS! The market just lost over $25 billion of Coinbase (COIN)  stock

Coinbase Market Cap was listed incorrectly and all major news sources reported this bad data as fact. Bear with me while I go a bit nerdy to explain how and why all these trusted sources got it so badly wrong. $25 billion difference is a big mistake. This is NOT about the trading price per share. […]

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Are Security Tokens now called Stock Tokens and are they like like an ADR on a legacy exchange?

Nerdy headlines like that will get me a stern lecture from our CMO about the need to generate more page views from clickbait. In what seems like an eon ago (on 3rd March 2021), I wrote in 4-parter on Coinbase “IPO” – Part 1 = 5 Reasons Why It Matters “The Coinbase “IPO” (actually a […]

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