AngelList Weekly: Goldman Sachs is now a tech company
Computer engineers now make up 25% of Goldman Sachs’ workforce. One of every five deposits at Bank of America come from a cell phone, and big-bank backed Zelle processed $75B in peer-to-peer transactions in their first year.
New financial technologies aren’t just making it easier for banks to manage their books: they’re aiming to reach the 9M unbanked families across the US and more than 2B people worldwide who don’t have access to a financial institution via a mobile phone or any other device.
Fintech comprised almost 10% of all funded startups backed on AngelList in the last year, double that of biotech or blockchain.
We’ve compiled a collection of the best 50 startups committed to revolutionizing finance, with new solutions to help anybody build a nest egg, get better student loans, find the best rental insurance, invest in non-traditional products like startups or classic cars, or just save some money.
Here are the 50 Startups Hiring to Revolutionize Finance.
“15 to 20 years ago, we had 500 people making markets in stocks. Today we have three.” – David Solomon, President of Goldman Sachs
The Tesla of Headphones
May 22nd: Consumer Reports publishes a damning report about the Tesla Model 3’s braking distance. “There are big flaws.”
May 29th: Elon Musk pushes a software update to the Model 3, and the braking issue is immediately fixed. It’s like magic.
Our cars now get software upgrades. Why don’t your headphones?
Now they do. We’ve teamed up with our friends at Pioneer to get you an early access discount to the new Rayz Pro, the world’s smartest headphones built for the Apple ecosystem:
Smart noise cancelling to drown out anything
️ Auto-pause when you remove your earbuds, just like AirPods
Customizable button to open your favorite app, mute calls, etc.
Best part: Rayz Pro get software updates with new features, so you can avoid that awkward thing where your headphones go out of date every time Apple announces a better version. Get a pair now with code KITTY25 for $25 off.
Top Products of the Week
Apple launched Schoolwork, their all-in-one app for teachers to manage homework assignments and handouts. Apple and Google really are in an all-out war for the classroom.
️ Web2Desk lets you convert your favorite web app – Intercom, Trello, Airtable, Grammarly, Spotify, and more – into a desktop app for Mac, Windows, and GNU/Linus. Try it out today.
Instagram launched Direct Video Chat with 4-way video calls. This comes weeks after Houseparty announced their group video chat Mac app and iOS 12 promised group FaceTime calls.
Maily McMailFace is a dead-simple, people-centric email client for Mac and iOS. Yes, that really is its real name. Some context: the name Boaty McBoatFace originally won an internet poll to decide the name of an Antarctic research vessel after a popular radio station host suggested it on-air. The organizers of the poll were good sports, giving the name to one of their underwater vehicles. Hilarious.
The Ready Contest is like HQ Trivia, but for mobile games. Play a new arcade game every week on your phone. The top 20% of players will win cash for their impressive gaming prowess.
