Keep At $14M/year Growing 383% YoY
TL;DR: Keep launched in 2023 as Canada's Brex, targeting SMBs with lower deposit balances (~$50K vs. $2M+ for U.S. startups) but steady interchange...
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Primer: Bond - 16 Apr 2025
API-based software for embedding cards, accounts, and payments into vertical SaaS products
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Art Levy, Chief Business Officer At Brex, On The Strategy Of Brex Embedded
What is Brex Embedded, who are its customers, how do they (and their end customers use it), and why did you build it...
105 Views
Klarna At $2.26B/yr
TL;DR: Sacra estimates that Klarna generated $2.26B in revenue in 2023, up 22%, as they become a neobank, moving away from the quickly-commodifying...
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The Future Of Interchange
​​Early fintechs like Chime scaled to $100M+ with nearly all their revenue coming from interchange—the fee they generate every time their customers...
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