Publications

July 2023 (Revised October 2024)
Case

Revenue Recognition at Stride Funding: Making Sense of Revenues for a Fintech Startup

By: Paul M. Healy and Jung Koo Kang

The case explores the challenges of revenue recognition and financial reporting for Stride Funding (Stride), a fintech startup that has disrupted the student loan market. Stride leveraged proprietary machine learning and financial models to underwrite alternative... View Details

Keywords: Revenue Recognition; Financial Reporting; Entrepreneurial Finance; Business Startups; Growth and Development Strategy; Governance Compliance; Accrual Accounting; Financial Services Industry; United States

September 2019 (Revised July 2021)
Case

Sopra Banking Software: Can a French Fintech Succeed in the U.S.?

By: Christina R. Wing

15 Apr 2020
News

Former SBA Head: Fintech Is Key To Aid Small Businesses

31 Oct 2017
News

Predictions for the Future of Small Business Lending and Fintech

July 2021 (Revised August 2023)
Supplement

Wirecard: The Downfall of a German Fintech Star Instructor Spreadsheet Supplement

By: Jonas Heese and Charles CY Wang

December 2021
Case

The Instant Payment Mandate: The Central Bank of Brazil and Pix

By: Lauren Cohen and Spencer C. N. Hagist

João M. P. De Mello and his team at the Central Bank of Brazil are preparing a move that would seek to tilt the scales in favor of financial inclusion for the entire country. The innovation at hand is the unprecedented nation-wide instant payment scheme: Pix. The fruit... View Details

Keywords: Fintech; Finance; Entrepreneurship; Innovation Strategy; Banking Industry; Brazil

April 2020 (Revised August 2020)
Case

CredEx Fintech: Business Model Transformation During the Digital Era

By: Laura Huang, Raphael Amit and Xu Han

Founded in 2010, CredEx has been a fast and constant innovator in the microfinance industry in China. Tang Xia, CEO and co-founder of CredEx, has led the company through a number of profound business model innovations in response to external environment changes, which... View Details

Keywords: Digitization; Fintech; Business Model; Innovation and Invention; Transformation; Microfinance; Organizational Change and Adaptation

February 2024 (Revised June 2024)
Supplement

PerlAvance: Using Objectives and Key Results (OKRs) at a Fintech Venture (C)

By: Brian K. Baik, Tatiana Sandino and Tricia Peralta

February 2024 (Revised June 2024)
Supplement

PerlAvance: Using Objectives and Key Results (OKRs) at a Fintech Venture (B)

By: Brian K. Baik, Tatiana Sandino and Tricia Peralta

February 2024 (Revised June 2024)
Case

PerlAvance: Using Objectives and Key Results (OKRs) at a Fintech Venture (A)

By: Brian K. Baik, Tatiana Sandino and Tricia Peralta

02 Apr 2020
News

FinTechs Must Be Involved In Paycheck Protection Program Lending For Small Business

05 Sep 2019
News

Stripe, the world’s most valuable private fintech company, is getting into lending

19 Nov 2019
Op-Ed

Gender Bias Complaints against Apple Card Signal a Dark Side to Fintech

fiasco is not going to be an isolated incident—it’s the canary in the coal mine for the financial services industry and regulators playing catch up to the implications of the fintech revolution. For all the promise that comes with the... View Details

Keywords: by Karen G. Mills; Financial Services

14 Aug 2019
Podcast

Fintech on Main Street: How small businesses are banking on new technology

Technology is changing financial institutions’ relationships with local businesses and sole proprietors, which account for half of America’s workforce. HBS professor and former head of the Small Business Administration Karen Mills sheds light on the ongoing... View Details

February 2024
Supplement

Revenue Recognition at Stride Funding: Making Sense of Revenues for a Fintech Startup

By: Jung Koo Kang and Paul M. Healy

December 2023
Teaching Note

Revenue Recognition at Stride Funding: Making Sense of Revenues for a Fintech Startup

By: Jung Koo Kang

Teaching Note for HBS Case No. 124-015. View Details

2024
Book

Fintech, Small Business & the American Dream: How Technology Is Transforming Lending and Shaping a New Era of Small Business Opportunity

By: Karen G. Mills

The second edition of Fintech, Small Business & the American Dream, builds on the groundbreaking 2019 book with new insights on how technology and artificial intelligence are transforming small business lending. This ambitious view covers the significance of... View Details

Keywords: Fintech; AI; AI and Machine Learning; Small Business; Economy; Technology Adoption; Credit; Financing and Loans; Analytics and Data Science

December 2023
Supplement

Revenue Recognition at Stride Funding: Making Sense of Revenues for a Fintech Startup

By: Jung Koo Kang