Fintech

Billtrust Stock: Accounts Receivable Automation

A remarkable number of people ask the Ministry of Truth, Google, which stock is “the best” to buy. Never mind how ambiguous the term “best” is, market timing alone can mean two people investing in the same stock, over roughly the same time frame, can experience two very different outcomes. For us, “best” means the […]

7 Geospatial Intelligence Companies for P&C Insurance

There aren’t that many trillion-dollar industries left where technology isn’t already shaking things up. One of the last dinosaurs to be hit by the asteroid of technological disruption is the insurance game. Specifically, we’re talking about property and casualty (P&C) insurance, which represents $1.6 trillion in premiums and accounts for about one-third of the entire […]

5 Pure-Play Stocks for the B2B Payments Thesis

Our recent piece on AvidXchange talks about how small to mid-sized businesses (SMBs) in the United States represent a $20 billion opportunity for B2B payments automation. Alongside that opportunity is an additional $20 billion from offering supply chain financing products. A $40 billion total addressable market (TAM) is sizable, but pales in comparison to the […]

AvidXchange Stock: A B2B Payments Pure-Play

They say that the difference between an accountant and a lawyer is that the accountant knows they’re boring. It takes a certain type of person to finish a managerial accounting class and conclude that T-accounts are their life’s calling. As uninspiring as accounting might be, it’s a critically important part of every business out there […]

Clearwater Analytics Stock: A Little-Known Fintech Play

The word is out. This past spring, America’s hottest housing market was little old Coeur d’Alene Idaho, a place we visited last year to meet with an interesting LED tech startup called Rohinni. Plenty of people are finding their own private Idaho in a state that’s known for a low crime rate, friendly people, and […]

Forge Stock: A Secondary Market for Startups

Another day, another reason to avoid special purpose acquisition companies (SPACs). This time it’s the Reddit “day traders” wreaking havoc on companies like Spire Global. An increase in stock price volatility equals an increase in risk. Or at least that’s what they teach you in Finance 101. Therefore it’s critically important to only invest in […]

Remitly Stock: A Challenger to Western Union?

Sundays in Hong Kong are a sight to behold. Public spaces like Victoria Park are overwhelmed with tens of thousands of domestic helpers, mainly women from Indonesia and the Philippines. They arrive in Hong Kong in droves to work as housemaids for the wealthy. With their lodging and meals paid for, most the money they […]

Feedzai Fraud Detection Platform Uses AI, Biometrics

If you’re preparing to withdraw money at an ATM in a foreign country, take a good look at where you insert your card. Go ahead, grab it and give it a little shake. The plastic case your card goes into is sometimes replaced by a phony case which captures your pin and card info while […]

Toast Stock: A Pure Play on U.S. Restaurant Receipts

Long before Anthony Bourdain became a household name, he was a cult figure among restaurant workers everywhere because of his first work – his magnum Opus One – Kitchen Confidential. Finally, someone adequately captured what happens behind those swinging doors. The illegals in the dish pit, the convicts in the kitchen, the pervasive drug use […]

Why is Upstart’s Stock Price Soaring?

Competent investors act with conviction. They don’t second guess their decisions when a stock price starts falling. Well actually, everyone does, but competent investors recognize the fear for what it is and manage that emotion. A subscriber recently said, “I like that you don’t sell beaten down stocks.” If our thesis hasn’t changed, why would […]