Dan is a deputy editor and anchor for Insider Today, Business Insider's flagship daily newsletter. Dan, who is based in New York, previously was an editor and reporter at BI, covering financial technology and market structure.
Some of Dan's previous stories include everything from inside Robinhood's failed "Checking and Savings" product that eventually led to Congress getting involved to the internal arguments over JPMorgan's failed attempt to launch a finance app for millennials to how big banks are trying to hold on to a corporate bond market that is quickly slipping through their fingers with the electronification of the space.
Before joining Business Insider, Dan wrote about risk management in derivatives markets for Risk.net and fintech for WatersTechnology. He also spent two years at The Journal News, a daily newspaper based in White Plains, N.Y.
Got a tip? Contact this editor via email at ddefrancesco@businessinsider.com, or direct message on Twitter @dandefrancesco.
A selection of some of Dan's stories:
The inside story of how $3 billion Brex went from raising $150 million to slashing staff in just 10 days. Here are the execs who are out, and what's next for the fintech.
She's a US senator. He's one of the most powerful men in finance. Meet the $500 million power couple getting slammed for stock trades placed as the coronavirus tanked markets.
The inside story of how Robinhood, a $6 billion investing app for millennials, blew a huge launch so badly that Congress got involved
PE shop Vista Equity Partners paid $100 million for 7Park to get in on the alt-data craze. Insiders describe the management turnover, amped up sales pressure, and change in strategy that followed.
JPMorgan's finance app for millennials was plagued with issues from the start. Here's the inside story of how Finn fell apart.
Coinbase wants to go public. Its CEO needs to change his leadership style first, insiders say.
As credit liquidity evaporated, some investors pounced on a bond fire-sale with the help of electronic trading platforms. Insiders explain how a wild 2 weeks unfolded.
Two Sigma, Goldman, and Citi invested $41 million in data startup Crux Informatics. But the past 12 months has seen the startup churn through execs as it looks to solve Wall Street's data woes.
Robinhood, Fidelity, and Charles Schwab are racing to give customers the chance to buy $1 slices of stocks. We talked to a dozen insiders about who wins, who loses, and what it says about trading today.
Tech
2024-07-18T12:54:25Z
Chip stocks suffered under reports that President Joe Biden and former President Donald Trump are both considering plans that would rock the industry.
Tech
2024-07-17T12:43:50Z
Companies like Amazon and Dell have been in an ongoing battle over return-to-office mandates.
The M&A drought that's kept investment bankers on the sidelines is on its last legs, according to Wall Street's top dealmaker.
As the shock subsides from the assassination attempt on Donald Trump, many Americans are wondering the same thing: How did this happen?
Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.
President Joe Biden is under mounting pressure as he faces forgoing his reelection campaign.
Tech
2024-07-03T12:34:29Z
After dropping more than 42% and bottoming out in late April, Tesla's stock has rebounded sharply and is up more than 60% in a little over two months.
President Joe Biden shows no signs of giving up his reelection campaign while former President Donald Trump secures a win from the Supreme Court.
The use of shadow stand-ins and a lack of promotions are the latest trends that show how weird work has gotten.
Multiple surveys also found young people are willing to put travel plans ahead of their financial goals.
It didn't come easy, and it won't feel quite the same, but we're getting our first US presidential debate tonight.
Posting jobs can give workers the impression the company is growing and signal to burnt-out employees that help is on the way. Except it's not.
Amazon is showing up noticeably late to the AI-assistant party, but there are some benefits to not being first
Tech
2024-06-24T14:55:07Z
The AI boom was a welcome change for VCs wanting a new trend to back (and even profit from). But it could greatly impact the people bankrolling it.
Back to the office means the return of the age-old question: What's for lunch? And the fight to be the answer to that question is a valuable one.
'Quiet vacationing' involves taking some time off without officially informing your employer. It's a concept championed by workaholic millennials.
Tech
2024-06-18T11:52:30Z
The labels would require congressional approval. And Murthy's comparison to cigarette warnings might be misplaced.
Tech
2024-06-17T13:34:27Z
The massive data center footprints that firms like Google, Microsoft, and Amazon have amassed are proving valuable during the generative AI boom.
Tech
2024-06-14T12:56:35Z
Saudi Arabia courting Chinese investors for help with its massive, futuristic city could make the US uncomfortable.
Tech
2024-06-13T16:30:45Z
The drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today.