" The sky is the limit,” gushes MoneyLion founder and CEO Dee Choubey as he strolls into Manhattan’s Madison Square Park, the oak and ash trees turning color in the October sunshine.
Choubey, 38, is taking a midday constitutional from MoneyLion’s cramped offices in the Flatiron District, where 65 people labor to reinvent retail banking for the app generation. He ticks off a couple businesses he looks up to—ones that have fundamentally changed the way money flows around the world—putting his ambitions for his six-year-old startup into sharp relief. “PayPal,” he says. “Square.” Two companies worth a combined $150 billion. " - Read Full Article
Source: Forbes
Dawn Of The Neobank: The Fintechs Trying To Kill The Corner Bank - Forbes
Meet the 'neobanks' trying to shatter the big four banking oligopoly - smh
Block.One spent $150 million to build its social media platform VOICE, $30 million ( 20% of capital cost) spent on purchasing Voice.com
Elon Musk spent $11 million ( 0.1% of Tesla net worth ) to buy Tesla.com
NEOBANK WORLDWIDE OUTLOOK
In the first nine months of 2019, venture capitalists poured $2.9 billion into neobanks, compared with $2.3 billion in all of 2018, reports CB Insights. - Forbes
"JPMorgan backs Fintech seeking to disrupt trillion-dollar market... JPMorgan Chase & Co. (JPM.N 0.37%) signed startup Wematch Interest Rates to its in-house Fintech program, which helps new firms build products for use across the banking industry... Wematch Interest Rates is a unit of London Wematch.live Group. The market it’s looking to break into is huge: The market value of OTC interest-rate derivatives was US$7.6 trillion in the second half of 2017, according to the latest Bank for International Settlements data." - bnnbloomberg.ca
"The worldwide mobile payment revenue in 2015 was 450 billion U.S. dollars and is expected to surpass 1 trillion U.S. dollars in 2019."
"The market's largest segment is Digital Payments with a total transaction value of US$3,952,706m in 2019."
"Total Transaction Value is expected to show an annual growth rate (CAGR 2019-2022) of 13.2% resulting in the total amount of US$5,728,699m by 2022." - Statista
“PayPal” and “Square.” Two companies worth a combined $150 billion. - Forbes
Domain Value Based on % Of Startup Funding:
Block.One spent $150 million to build its social media platform VOICE
$30 million ( 20% of capital cost) spent on purchasing Voice.com
Eko.com was sold $1.5 million in 2019
Media technology startup Eko was founded in 2010 using HelloEko.com
With several rounds of funding to reach a total of $37 million,
Eko.com = 1.5/37 = 4.05% of $37 million = $1.5 million
NeobankTips is ideal for Neobank Startups . Fintech . Marketing . Sharing Economy . CPC . Compliance . Funding . Payments . Growth
In the first nine months of 2019, venture capitalists poured $2.9 billion into neobanks, compared with $2.3 billion in all of 2018, reports CB Insights. - Forbes
Assume a neobank company/business has a share of 1% from $2.9 billion industry revenue ie $29 million
DV (Domain Value) = annual revenue x 1%
DV = $2.9 billion x 1 / 100
Allow 0.5% of Annual Revenue as Marketing Cost
Comparable Domain Market Sales $USD :
Cars.com - $872.3 million - 2017
Insurance.com for $35.6 million - 2010
VacationRentals.com - $35 million - 2007
PrivateJet.com - $30.18 million - 2012
Voice.com - $30 million - 2019
WinningTips.com - $9,500 - 2017
SeoTips.com - $6,200 - 2017
GratisTips.com - $5,000 - 2017
Fintechnology.com - $5,000 - 2017
Fintech.ai - $12,000 - 2018
Fintech.com - $4,657 - 2010
BitcoinSV.com - $50,000 - 2018
BitcoinWallet.com - $250,000 - 2014
BlockchainWallet.com - $15,750 - 2018
BlockchainTracker.com - $6,800 - 2018
BlockchainTechnology.com - $15,000 - 2015
Blockchain.Ventures - $42,000 - 2018
Blockchain.in - $13,500 - 2018
Chainwork.com - $15,000 - 2018
Finchain.com - $40,000 - 2018
CryptoRate.com - $99,888 - 2017
CryptoBank.com - $125,000 - 2017
CryptoWorld.com - $195,000 - 2018
Satoshi.com - $75,000 - 2014
Source: Namebio
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