Cross River Intelligence Archives

Greetings, Fed Chair Powell testifies. Home prices hit a record. Gas tax holiday on the table. FDIC proposes raising insurance assessments. Cleo raises $80Mn. Auto loan delinquencies on the rise. Circle keeps hiring. Klarna valuation could fall by two-thirds. BlockFi secures $250Mn credit line. New here? Subscribe here to get our newsletter each Sunday. Rate Hikes May Cause Recession, Fe ...

Greetings, The Fed raises rates by 0.75%. Officials acknowledge unemployment may rise. Abra partners with Amex on crypto card. Crypto lender Celsius freezes withdrawals. Coinbase and BlockFi do layoffs. Chase leverages data advantage. TD gives customers more repayment options. Affirm partners with Agoda. PayPal expands Pay Later options. New here? Subscribe here to get our newsletter each S ...

Greetings, Inflation is expected to moderate but remain elevated. Q2 GDP estimates weaken. Consumer credit surges. A bipartisan crypto bill gains steam. Custodia sues over Fed account access. Proper raises $4.3Mn. Apple enters the BNPL wars. Checkout.com to facilitate stablecoin payments. PayPal lets users send and receive crypto. Affirm’s financing costs rise.  New here? Subscri ...

Greetings, Demand for workers remains high. Home prices lodge record gains. Turmoil in mortgage-backed bond market. Circle asks the Fed not to launch a CBDC. California ruling opens auto lenders to more liability. Viola Credit raises $700Mn fund. Tandym raises $60Mn for private-label card issuing. Revolut and Wise still set to hire hundreds. Online banks battle for CDs. Affirm and Stripe partn ...