Cross River Intelligence Archives

June 2024

Pipe Bags $100Mn Debt Line; Synapse Drama Continues; Apple Tap to Cash

By Cole Gottlieb

June 16, 2024

Happy Sunday, Both inflation and interest rates held steady. Consumer optimism on stocks edges up. Pipe bags a $100Mn debt facility. InScope raises $4.3Mn to automate accounting. Synapse drama continues. U.S. Bank partners with Greenlight. Apple launches “Tap to Cash,” Affirm partnership. PingPong announces embedded lending. Special announcement: we are rebranding the newsletter ...


FDIC Warns on Fintech Apps; LoanPro/Visa DPS Integration; eBay Drops Amex

By Cole Gottlieb

June 9, 2024

Happy Sunday, The job market tightens somewhat. FDIC warns consumers on fintech apps. Senate hearing on Zelle scams. Synapse end users still can’t access funds. LoanPro announces Visa DPS integration. LoanSnap faces legal problems. eBay to drop Amex as payment option. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow us on LinkedIn (PeerIQ by Cr ...


Numisma Gets Fed Master Account; PayPal’s Ad Business; Relay Raises

By Cole Gottlieb

June 2, 2024

Happy Sunday, More rate hikes possible. Numisma gets Fed master account. Relay raises $32.2Mn. Texting platform raises $110Mn. PayPal to launch ads business. Paze wallet rollout continues. Jelena McWilliams appointed Synapse bankruptcy trustee. If you missed our Q1 Consumer Lending Review that dropped earlier this week, it’s available here. New here? Subscribe here to get our newsl ...