Eco Explore I: The What and The Why
A few weeks after hosting Eco’s first-ever event, Eco Explore I, we’re checking back in to share some reflections with you. Over 1,800 people attended, tuning in for an average of 97 minutes each. Here's a recap of some of the highlights.
It's Time for Smart Money
Activant Capital and L Catterton are co-leading a new $60 million fundraising round in Eco, just months after our $26 million fundraise announced in March.
Expanding our Eco-system: welcoming cultural icons to Eco
Welcoming Sean “Diddy” Combs, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, Carmelo Anthony and Stuart Goldfarb’s Melo7 Tech Partners, Tiffany Haddish, Justin Blau, Larry Fitzgerald, Keisuke Honda, Kelvin Beachum Jr., and the a16z Cultural Leadership Fund to the Eco-system.
How do we not become a bank?
We want your money to work for you. But more than that, we want to build a sustainable, customer-aligned business. And not in the buzzword-y “we’re on your side” sense — but rather, from a deep place of being truly economically aligned with you.
Blockchain and cryptocurrencies, for real
If you’re like most people, you’re a little skeptical of this whole “blockchain” thing everyone is talking about. It seems like some people have made a bunch of money investing in it, but nobody’s ever explained it to you in a way that made sense and seemed, well, real.
New tech: same as the old
Despite lots of discussion about fintech innovation, new money-movement technology really hasn't changed all that much.
How money moves today (still not well)
How money moves today — even with electronic check deposits — really hasn’t changed that much from the Pony Express days.
How money used to move (not well)
Have you ever wondered why we can only send bank transfers during business hours on business days? Why it takes days for money to get from one place to another? Why every app and product you use has limits on how much of your own money you can send? Why you only get paid twice a month?
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