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Previous Newsletters
Biden’s Fed Picks; Year End M&A; BNPL Business Models Evolve
by Cole Gottlieb | Jan 2, 2022
Greetings, Happy New Year! I think we all deserve ‘congrats’ on surviving 2021. But, turning to 2022… Omicron is surging, trimming Q1 growth forecasts. Biden is looking to fill three Fed seats. Regulatory rumblings haven’t derailed banking M&A (yet). BNPL business...
FDIC Power Struggle; MoneyLion Acquires Even Financial; Klarna A2A Payments
by Cole Gottlieb | Dec 19, 2021
Greetings, Fed pivots as consumer spending grows. FDIC power struggle spills into public view. CFPB opens inquiry into BNPL. Crypto companies make fundraising hauls. BNPL grab bag. Cross River, Astra team up to offer card-to-card instant payment API. Chime partners...
Greenlight Eyes IPO; Visa’s Crypto Consultants; Fintechs Buying Banks
by Cole Gottlieb | Dec 12, 2021
Greetings, November jobs report. Crypto CEOs testify in House hearing. OCC nominee Saule Omarova withdrew from consideration. Hatch rebrands, raises $58Mn. AML platform Hummingbird raises $30Mn. Neobank for migrants raises $27Mn. BNPL may be the big winner of the...
Square Becomes Block; Amex Partners with Opy; Capital One Ditches Overdrafts
by Cole Gottlieb | Dec 5, 2021
Greetings, Shopping, inflation, and monetary policy. Cordray being considered for Fed post. Fundbox raises funds. Square becomes Block. A New York bank is minting its own stablecoin. Amex taps Opy for BNPL. Are credit cards back? Capital One ditches overdraft fees....
Slope’s B2B BNPL; Crypto Companies Raise Huge Rounds; Amazon Pressures Visa
by Cole Gottlieb | Nov 28, 2021
Greetings, Happy Thanksgiving -- hopefully you had a chance to relax over the long weekend. If you missed PeerIQ’s Q3 Consumer Lending Review, you can find it here. This week, unemployment claims hit a 52-year low and spending edges up. Talk of a 36% APR cap is back....
Q3 2021 Review | Consumer Lending
by Cole Gottlieb | Nov 24, 2021
Happy early Thanksgiving! This year we are thankful for our readers. We hope you are able to spend some quality time with family and friends over the next few days. To get your Fintech fix over the holidays, we summarized the key consumer lending trends for the...
MoneyLion Makes a Content Play; Oportun Buys Digit; Upstart to Offer Small Loans
by Cole Gottlieb | Nov 21, 2021
Greetings, Consumers start spending as inflation continues. Upgrade’s valuation jumps on 70% increase in revenue. Branded payment and rewards card startup Imprint raises $38Mn. Upstart works with bank and credit union partners to offer sub-36% small-dollar loans....
Robinhood Hack; Santander Expands No-Fee Overdraft; Ocrolus & Blend Partner
by Cole Gottlieb | Nov 14, 2021
Greetings, October inflation hit 6.2% year over year. Sen. Toomey urges caution on stablecoin regs. ID verification startup Socure raises $450Mn. UK BNPL Zilch raises $110Mn. Zip and WebBank partner on a BNPL card. Ocrolus and Blend partner to automate mortgages. Bill...
Stablecoin Report is In; BNPL in Congress; Rocket Mortgage-as-a-Service
by Cole Gottlieb | Nov 7, 2021
Greetings, The Fed is ready to taper. Regulators want to treat stablecoins like banks. Congress hears testimony on BNPL. Mission Lane completes $320Mn securitization. Rocket Mortgage-as-a-Service. Affirm partners with American Airlines. Cross River acquires Betterfin....
Money20/20 Recap; SEC Wants Stablecoin Authority; Mastercard’s Crypto Play
by Cole Gottlieb | Oct 31, 2021
Greetings, Unemployment claims keep dropping and wages rising. The SEC is looking to regulate stablecoins, while regulators look to provide a roadmap for banks to get in on the action. A B2B BNPL raises $100Mn. PayPal backs away from Pinterest. Mastercard plans crypto...