Finance Everywhere, Member Exclusive

Why on-demand transportation companies like Uber and Lyft are embracing financial services

  • Uber recently announced a debit card designed for its drivers in Mexico.
  • Ride hailing apps are getting deeper into financial services. Here's why.
Why on-demand transportation companies like Uber and Lyft are embracing financial services

In Mexico, where the majority of transactions are still cash, Uber is now offering its drivers a debit card and other financial services, including loans. Drivers’ payments will be credited to those debit cards, and the money can then be withdrawn at ATMs, or spent anywhere that accepts Mastercard. Drivers can also apply for loans, and receive discounts at certain merchants when using the card, issued in a partnership with Spanish banking giant BBVA.


This content is available exclusively to Tearsheet Outlier members.

Outlier Upsell

Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — $59/mo

Already an Outlier member?

Sign in to your account  

Member Exclusive, Research

Research: Bank of America ranks atop the financial services industry in search marketing

  • Search marketing drives new and repeat business for banks.
  • A recent survey benchmarks with FIs are doing the best job at SEM.
Michael Deleon | August 21, 2019
Member Exclusive, Payments

Research: How popular does Apple Card need to be to generate $1 billion in revenue?

  • For Apple Card to be significant, it will need to produce billions in revenue.
  • We look at what it will take for Apple to get there.
Michael Deleon | August 19, 2019
Member Exclusive, Payments

Credit and debit cards also undergo changes in the age of digital finance

  • As financial software evolves, physical credit and debit cards are also changing.
  • From design, orientation, colors, and materials, innovation is also coming to cards.
Sara Toth Stub | August 15, 2019
Member Exclusive

A look at the leadership behind Apple Card

  • Apple Card is rolling out this month to an anxious audience.
  • Here are the people behind the Apple Card.
Michael Deleon | August 12, 2019
Member Exclusive

The fewest people in history switched credit cards — will they switch to Apple Card?

  • Apple Card began a slow rollout before it's pushed out generally later this month.
  • Data show that customer satisfaction with their existing cards is at an all time high.
Michael Deleon | August 08, 2019
More Articles