by Tito Donis | Mar 15, 2021 | Blog
Greetings,This week, we focus on the formation of the American Fintech Council, SoFi’s acquisition of Golden Pacific Bank, and highlights from LendingClub and Greensky’s earnings.Let’s get to it.Stimulus Checks to Add to Record U.S. Households’ Net WorthUnemployment...
by Tito Donis | Mar 7, 2021 | Blog
Greetings,This week, we look at US GDP’s strong recovery, TransUnion’s LendIt webinar takeaways, and the continued focus on banking services by Square, Klarna, and Walmart.Let’s get to it.US GDP Growth at 10%?The US economy has roared back to life, with the Fed...
by Tito Donis | Mar 1, 2021 | Blog
Greetings,This week, we look at the Fed’s focus on the digital dollar, blockchain enabled Figure’s new SPAC, Coinbase’s S-1, and strong Bitcoin driven growth at Square.Also, given the potential impact of U.S. stimulus payments on loan forbearance and modifications, we...
by Tito Donis | Feb 22, 2021 | Blog
Greetings,This week, we focus on Goldman Sachs’ new robo-advisor, Marcus Invest, and Coinbase’s $77 Bn Nasdaq private market valuation.Let’s get to it.Unemployment is on the Rise, but so are Retail SalesUnemployment claims rose to 861,000 in the week of February 12th...
by Tito Donis | Feb 16, 2021 | Blog
Greetings,Wishing a very happy Lunar New Year to our readers.This week, we look at the rising importance of crypto – Bitcoin-Ethereum now exceeds the top 5 US banks by combined market cap.Also, is the market starting to come back to earth for fintechs? Affirm’s stock...