Michael Roddan

🚨ICYMI🚨

Eric Schmidt, Ray Dalio, Marc Benioff + others tipped $1bn into the $6bn Google AI spinoff SandboxAQ. CEO Jack Hidary spent some of that entertaining + flying women who had no connections to the biz. It's meagre revenue is traced back to Sergey Brin

www.theinformation.com/articles/lav...

21.07.2025 16:37 — 👍 1    🔁 0    💬 0    📌 0

FT Partners’ Steve McLaughlin Fights ‘Blood Brothers’ Over Fees In mid-2020, when cryptocurrency firm Circle needed to raise cash, CEO Jeremy Allaire sought out Steve McLaughlin, founder of investment bank FT Partners and a force in fintech dealmaking. For its ser...

Exclusive: Steve McLaughlin’s FT Partners wants to cash in on a fintech rebound, but disputes over its hefty deal fees keep cropping up.

www.theinformation.com/articles/ft-...

From @michaelroddan.bsky.social

20.11.2024 14:03 — 👍 1    🔁 1    💬 0    📌 0

Tiny Banks That Powered Cash App Grew Like Crazy. Then the Feds Came Calling When Lincoln Savings Bank struck a partnership in 2017 to process direct deposits for Cash App, it was a big break for the small, century-old lender based in Cedar Falls, Iowa. The Venmo-like app, par...

Regulators are turning the screws on fintech partner banks - generally ancient mom + pop community lenders that have grown exponentially backstopping our favorite financial apps

Here's my story about two tiny banks that partnered with Block's Cash App

www.theinformation.com/articles/tin...

12.10.2023 14:44 — 👍 3    🔁 0    💬 0    📌 0

Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news la...

In December, Centerview Partners punished four bankers who suggested in texts that a female employee should have sex with colleagues for promotion. This month, one of them was fired after comments made to a colleague at a party.

More in our story:

www.theinformation.com/articles/dis...

26.09.2023 15:58 — 👍 2    🔁 0    💬 0    📌 0

JPMorgan’s Greek Fintech Unicorn Draws Regulatory Blitz When JPMorgan Chase signed a deal last year to buy 49% of Greek payments fintech Viva Wallet for $800 million, Jamie Dimon flew to Athens to stand alongside Prime Minister Kyriakos Mitsotakis, who hai...

JPMorgan spent $800m buying 49% of fintech Viva Wallet - Greece’s first unicorn firm.

But regulators have been probing Viva's AML/CTF controls. JPMorgan says it's "aware of certain findings by Viva’s regulators that the company is working to address".

24.07.2023 17:53 — 👍 0    🔁 0    💬 0    📌 0