Executive Summary: Questrade is a FinTech company that provides online brokerage and wealth management products primarily to Canadian customers. Questrade makes money from trading fees, subscriptions, management fees for its managed portfolios, and administrative fees. What Is Questrade? Questrade is a FinTech company that provides online brokerage and wealth management products primarily to Canadian customers. … Read more
Executive Summary: Tether is a cryptocurrency that is pegged to a given fiat currency, for example, the USD, as well as physical assets such as gold. Tether makes money from various fees, by issuing loans to other institutions, as well as through investments. What Is Tether? Tether is a type of cryptocurrency that is pegged … Read more
Executive Summary: CRED is a FinTech company that rewards users for timely credit card bill payments by providing them with exclusive offers. CRED makes money from transaction fees, affiliate commissions, advertising, as well as referral fees from the loans it issues in cooperation with other credit institutions. Founded in 2018, CRED has become one of … Read more
Executive Summary: MoonPay is a FinTech company that allows users to purchase and sell cryptocurrencies using traditional payment methods such as bank transfers or credit cards. MoonPay makes money via processing fees, payment fees, as well as a concierge service offered to wealthy clients. Founded in 2018, MoonPay has become one of the fastest-growing cryptocurrency … Read more
Executive Summary: Zip is a FinTech company that provides ‘Buy Now, Pay Later’ (BNPL) solutions to both merchants and customers. Zip makes money via merchant fees, interest from loans, account establishment fees, as well as penalty fees. Founded in 2013, Zip has grown to become one of Australia’s largest BNPL providers. The company has raised … Read more
Executive Summary: Splitit is a FinTech company that provides ‘Buy Now, Pay Later’ (BNPL) solutions to both merchants and customers. Splitit makes money via fixed and variable fees that are paid by the merchants it partners with. The fee structure is dependent on when the payment is transferred as well as the country the merchant … Read more
Executive Summary: Wealthsimple is a personal finance platform offering a variety of products, including automatic investment portfolios, tax optimization, or (crypto) trading. Wealthsimple makes money via management fees, currency conversion fees, operations fees, additional services, interest on cash, as well as interchange fees. Founded in 2014, Wealthsimple has grown to become Canada’s biggest robo-advisor. The … Read more
Executive Summary: Nubank is a neobank that offers a variety of financial products, including savings accounts, loans, or insurances, to either individual or small business customers. Nubank makes money via interchange fees, interest on customer deposits, overdraft fees, ATM withdrawal fees, subscriptions, referral fees, interest from loans, as well as insurance premiums. Founded in 2013, … Read more
Executive Summary: Starling Bank is an online bank that provides private consumers as well as business owners with a variety of financial products. Starling Bank makes money via subscriptions, interchange fees, interest and overdraft fees, transfer fees, referral fees, licensing fees from its API, interest earned on cash, as well as a variety of additional … Read more
Executive Summary: Plus500 is an online trading company that specializes in the purchase and sale of contracts for difference. Plus500 makes money via spreads on customer trades, overnight fees, currency conversion fees, as well as inactivity fees. Founded in 2008, the company has grown to become one of the world’s leading contracts for difference providers. … Read more