Show notes
This week's list of top stories in fintech:
Coinbase is launching its own NFT platform to take on OpenSea
- NFT platform will launch by the end of year
- Will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.”
- Will support ETH blockchain, no layer-2 integrations
- Becoming competitive marketplace
NerdWallet IPO Filing Shows 21M Unique Visitors Per Month
- Dropped S-1 last Friday
- 2020 revenues of $245m
- Seeking valuation of $5b
- Showing strong revenue growth in 2021
Crypto Lender Celsius Network Raises $400M in Bid to Reassure Regulators
- The investment gives the company a $3 billion valuation.
- Last year they raised $30m at $120m
- This is about credibility.
- Regulatory trouble with KY, AL, NJ and TX
Tala grabs $145M to offer more financial services in emerging markets
- Series E funding led by Upstart
- Valuation north of $400m
- Have served 6 million people with microcredit
- Wants to become a full financial account
- Plans to develop the first mass market crypto product for emerging markets
Crypto could cause 2008-level meltdown, Bank of England official warns
- Deputy governor of Bo
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