by Cole Gottlieb | Dec 17, 2023 | Blog
Happy Sunday, The Fed held rates steady. Inflation cools slightly. Canopy raises $15.2Mn. Canapi Ventures scores $750Mn for new fintech-focused fund. SumUp announces €285Mn haul. Apex clearing looks to IPO in 2024. Amazon and Venmo call it quits. Stretched holiday...
by Cole Gottlieb | Dec 12, 2023 | Blog
Hi all, Cole here! We come to you today with our quarterly consumer lending review. Catch up on the latest trends emerging in the consumer lending space: personal loan vs. auto/bankcard loan trends, takeaways from individual company earnings, and an increase in MPL...
by Cole Gottlieb | Dec 10, 2023 | Blog
Happy Sunday, Hiring has slowed and job openings declined, in a welcome sign for Fed policy makers. The OCC released an advisory bulletin for banks offering BNPL. The House voted to nullify the CFPB’s small business data collection rule. Collections startup January...
by Cole Gottlieb | Dec 3, 2023 | Blog
Happy Sunday, Consumers shelled out for gifts over Black Friday/Cyber Monday (and used BNPL to do it). Conventional wisdom increasingly says the rate hike cycle may be over. Consumer confidence stabilized. First Fed Bank’s FDIC consent order. Mozaic raises $20Mn for...
by Cole Gottlieb | Nov 26, 2023 | Blog
Happy Sunday and Happy Thanksgiving weekend, Initial unemployment applications dropped. Consumer inflation expectations rise. Toyota reaches $60Mn CFPB settlement. Arch raises $20Mn Series A. Monzo in talks with Alphabet for fresh funding. Binance reaches $4.3Bn AML...
by Cole Gottlieb | Nov 19, 2023 | Blog
Happy Sunday, U.S. downgraded by Moody’s. Consumer spending in October fell. FDIC’s toxic workplace culture. Enova hit with new CFPB order. Zelle now refunding some defrauded users. Blockchain startup Fnality raises $95Mn. Cobrand card platform Imprint raises $75Mn....