search
fintech industry
Trends
- 1Stripe alumni spark a new wave of payments startups▼Stripe alums spark new payments plays The digital processor has become a founders’ factory with former employees seeding
Stripe has become a founders' factory, with former employees launching a string of new startups across the payments and financial technology field. Industry coverage highlights how the digital processor's alumni network is seeding ventures that compete with or complement the company, reinforcing Stripe's reputation as a training ground for fintech entrepreneurs.
- 2Betterment sets 0.20% starting custody fee for RIAs●For RIA custody, Betterment's platform fees will begin at 0.20% Betterment will roll out a new custody fee schedule for
Betterment will introduce a new custody fee schedule for registered investment advisers and other advisory firms starting next year, with platform fees beginning at 0.20%. The move puts the digital investment company in direct competition with established custodians serving independent advisers, and industry watchers are weighing what the pricing means for custody costs and competition in the wealth management market.
- 3Firms push to make private markets more accessible to retail investors●Firms push to make private markets more like publics The bottleneck preventing # WealthManagement advisors from moving r
Financial firms are working to make private markets operate more like public ones, aiming to open alternative investments to everyday retail investors. Industry commentary argues the real bottleneck is not regulatory limits but the lack of integrated fintech infrastructure that would let wealth management advisors efficiently move client money into private assets.