Jarred Kessler has spent over fifteen years at the intersection of finance, technology, and real estate. He is known for building companies that rethink traditional models and deliver new solutions for both investors and consumers. From raising $150 million in startup capital to leading innovative real estate platforms, Kessler has established himself as a strategic thinker and transformative leader. "I've always believed that the best opportunities come from understanding change before it happens," Kessler says.
Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family. The startup said that until now, users had to either transfer the money to their Indian accounts or ask someone to handle the bills for them.
"The response since we launched early access has been fantastic and is already mirroring our remarkable first round,"
Nikul is a significant hire who will be a transformational member of our leadership team, said loanDepot's founder and CEO, Anthony Hsieh. Not only does he bring an impressive track record of success from his years at LendingTree, but he also has a unique mix of fintech and public company experience that will serve us well. Hsieh continued, As we pursue what I believe is the biggest market opportunity I have ever seen,
Today I'm joined by Paul Gu, co-founder and Chief Technology Officer of Upstart. Paul's journey reads like a modern Silicon Valley story-from Chinese immigrant to Yale dropout, he became part of the inaugural class of Thiel Fellows before co-founding Upstart in 2012. Under his leadership, Upstart has gone from zero model training data points in 2013 to processing 91 million data points today. Their AI predicts both default and prepayment likelihood for every month of a loan's term.
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced a groundbreaking partnership with Crypto.com | Derivatives North America (CDNA) to launch the first-ever prediction markets embedded within a social media platform. The collaboration will enable Truth Social's users to trade event-based contracts - from elections and interest rate changes to sports outcomes and commodity prices - under the brand "Truth Predict."
"When we started out, the problem we were trying to solve was, 'How can we make underwriting smarter, faster, so that these entrepreneurs get access to capital?'" Gammage, CEO, said. "We wanted a world where money moved freely like it did in other verticals. We came in with a borrower-centric experience, whereas a lot of companies were focused on 'how do we make this work for lenders.'"
MercadoLibre (NASDAQ: MELI) will report third-quarter results after the bell Tuesday. Last quarter, MELI posted revenue of $6.79 billion, up 30% year-on-year, but missed EPS forecasts as normalized earnings came in at $10.31 versus consensus of $11.75, a 12% downside surprise. Despite the margin pressure from free-shipping and marketing campaigns, management reiterated confidence that these initiatives will accelerate user engagement and long-term monetization.
Homeowners shouldn't have to borrow against themselves just to access the value they've already built, said Nick Liuzza, co-founder and CEO of Beeline. By putting home equity on blockchain rails, we're creating a smarter, more transparent financial alternative one that's free from interest rate swings and credit friction. BeelineEquity allows homeowners to access liquidity from their home equity without taking on debt, making monthly payments or undergoing credit underwriting.
Products were developed around a sturdy core banking system and rigid business process to ensure security and trust, distributed through branch networks, and only then wrapped in a customer experience and brand veneer. But those days are over because customers and the market demand the opposite. Today's Fintech upstarts and digital-first neobanks have flipped the model on its head, designing their institutions from the outside in.
A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets are near all-time highs.
I suspect that the world of chat apps will create, obviously, more options for consumers and how they're going to use it, but it is inevitable that AI is going to drive our financial lives, and whether we choose to use it a lot, or a little, or maybe not at all is a personal decision,
The startup's software automates tip pooling, compliance, and payments, giving employers transparency while helping staff receive earnings faster and more fairly. The founders' inspiration came from their experience in the United States, where structured tip management proved to boost morale and retention. In the UK, they saw operators "drowning in admin" - using sprawling Excel sheets to manage tronc systems while facing rising National Insurance costs and new legal obligations.
Nova Credit - $35M Series D Nova Credit, an infrastructure and analytics platform for alternative credit data, has raised $35M in Series D funding led by Socium Ventures. Founded by Loek Janssen, Misha Esipov, and Nicky Goulimis in 2016, Nova Credit has now raised a total of $159.4M in reported equity funding. AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders. Advertise today →
The $100T world of B2B commerce operates in a "Wild West" where businesses provide goods and services first and chase payment later - often for months. Despite decades of software innovation, the accounts receivable process still depends on millions of finance professionals manually sending emails, tracking down contacts, answering invoice questions, and reconciling incomplete payment data. With 57% of invoices paid late and 77% of AR teams falling behind, this communication and negotiation bottleneck has become one of the most persistent inefficiencies in the modern economy.
Two decades after its founding in Stockholm, the fintech finally rang the bell on the New York Stock Exchange this September under the ticker KLAR, pulling off the largest IPO of 2025 (as of today). Shares priced at $40 and quickly surged, pushing Klarna's valuation near $20 billion - a head-turning debut that restored some shine to one of fintech's most scrutinized names.