Business of Fintech

‘Mom, send money for fintech’: Other Venmo signs you might see this weekend on College Gameday

  • A student put up a sign requesting beer money with his Venmo account number, and over 2 thousand users sent him cash.
  • We have exclusive photos of signs with funding requests fintech companies are making for this weeks College Gameday.
close

Email a Friend

‘Mom, send money for fintech’: Other Venmo signs you might see this weekend on College Gameday

College Gameday is one of ESPN’s most popular shows. The hit show takes place at a different college campus every week, choosing the location based on the most interesting match up. In typical I want to become a TV star fashion, co-eds flock to the set with creative signs and outfits, hoping to get their 15 minutes of fame.

On last week’s show, a student put up a sign with his Venmo account number, imploring his mother for beer money. The sign went viral, and over two thousand users sent him cash for beer. Fintech companies love copying just about anything, and we’ve heard from our inside sources that large and small finance companies are opening up Venmo accounts, looking to piggyback on the finance a stranger for stuff because why the hell not trend.

Below are exclusive photos of prospective fundraisers on their way to Louisville to take part in this weeks College Football GameDay festivities.

Digital Bank

Digital Bank Sign

This clever entrepreneur is trying to grow his digital bank. Hiring sales rockstars and making a few bucks in the process is an innovative way to recruit both talent and finances. Maybe I<3AmericanBanking will one day grow into a financial powerhouse, and we’ll see the founder fulfill his dream and walk away with a nice payout after juicing his stats.

Crowdfunding

Crowdfunding Sign

Why waste your time with Shark Tank when you can invest directly into startups shown on TV with this crowdfunding platform?  I’m sure they do sufficient due diligence and educate their investors like all other crowdfunding platforms…right?

Marijuana Banking

Marijuana Bitcoin Sign

Fear not marijuana purchasers in Colorado, there’s another app for you! Companies have utilized the bitcoin isn’t money and doesn’t really exist loophole to provide payment opportunities for dispensaries, but this clever startup somehow exchanges cash to BTC through Venmo. Who cares how it works anyways after you’re knee deep in some Purple Urkle or Skywalker OG!

DAO 2.0

New DAO Sign

Ah, another brave soul trying to start a DAO. In the wake (bad word usage?) of the DAO’s death, investors now have a bunch of newly-dispersed Ether burning a hole in their digital pockets. This entrepreneur is looking to capitalize on timing. Hopefully this one won’t end with hard forks and the financial equivalent of a do over.

Lending Club?

lendingclub

Oh how the mighty have fallen…

0 comments on “‘Mom, send money for fintech’: Other Venmo signs you might see this weekend on College Gameday”

Business of Fintech

Q1 fintech earnings: stocks in the red, but growth prospects abound

  • Fintech stocks continue to dive in public markets as macroeconomic trends weighed on companies' first quarter earnings, which came in below equity analysts' expectations.
  • We look at four major fintech players that reported their results – PayPal, Square, Robinhood and LendingClub – and outline the major takeaways from their Q1 earnings reports.
Iulia Ciutina | May 09, 2022
Business of Fintech, Member Exclusive

Fintech valuations seriously challenged after a booming 2021

  • Private and public markets are taking a more cautious approach towards valuing fintechs, as the recent market sell-off coupled with macro headwinds are raising concerns.
  • This comes in contrast with the optimism displayed last year, which saw record numbers of capital pouring in the fintech sector, and wave of fintechs going public.
Iulia Ciutina | March 23, 2022
Business of Fintech, Online Lenders

‘Change is hard for banks’: Behind Amount’s acquisition of Linear

  • Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, is acquiring SMB loan and account origination platform Linear for $175 million.
  • The acquisition complements Amount’s consumer banking solutions with Linear’s technology for the commercial segment.
Iulia Ciutina | March 02, 2022
Business of Fintech, Finance Everywhere

‘The industry believes that poor credit scores are self–inflicted’: A new wave of fintechs is giving the underbanked access to credit

  • New fintechs are targeting underserved communities that don’t have credit histories, using new methodologies to help them build credit scores.
  • As more Millennials and Gen Zers navigate their financial journeys, their participation in the credit system could increasingly be aided by such fintechs.
Iulia Ciutina | January 26, 2022
Business of Fintech, Online Lenders

From one idea to 2 million applications: TomoCredit wants to change the credit score game

  • As an immigrant, TomoCredit founder and CEO Kristy Kim wanted to develop a solution to the problem of credit accessibility in the US.
  • At first she wanted to license an underwriting solution to big banks, but that would have taken too long - so she decided to launch a credit card company.
Iulia Ciutina | January 24, 2022
More Articles