by Cole Gottlieb | Apr 14, 2024 | Blog
Happy Sunday, Inflation comes in hot. Hopes for rate cuts dim. CFPB drops video game report. Banks begin trimming deposit rates. Klarna launches Wikipink. Santander to expand digital banking brand Openbank. Empower acquires Petal. Banks kick off earnings season. New...
by Cole Gottlieb | Mar 17, 2024 | Blog
Happy Sunday, Core CPI jumps. U.S. Chamber of Commerce sues CFPB. U.K. BaaS platform raises $24Mn. Oxygen pivots to healthcare. VoPay joins with Cross River. Revolut investor cuts valuation. Chime adds “gamified” financial education. Oportun reports earnings. Keep an...
by Cole Gottlieb | Jan 28, 2024 | Blog
Happy Sunday, Consumers lean on their credit cards. The CFPB targets “junk fees”. DailyPay raises $175Mn. ModernFi raises $18.7Mn. Sunbit secures new debt facility. Klarna targets IPO, rolls out subscription service. TransUnion credit data. Earnings season continues....
by Cole Gottlieb | Jan 21, 2024 | Blog
Happy Sunday, The Fed’s Beige Book showed relatively benign economic conditions, all things considered. The CFPB dropped a new proposed rule on overdrafts. Kashable raised a $25.6Mn Series B round. Pier raised a $2.4Mn seed round. Circle filed confidentially to IPO....
by Cole Gottlieb | Jan 7, 2024 | Blog
Happy New Year, Welcome to 2024 – hopefully you enjoyed some time off over the holidays (we did!) and are ready for the new year. FOMC meeting minutes suggest rate hikes are done. Job listings continue to normalize. Bank trade groups push CFPB to take stronger stance...