We spoke with finfluencers building their audiences as people seek advice in navigating today’s tough economy As the global economic picture has become murkier and the spectre of layoffs is setting in, consumers are looking to shore up their money. But, as a recent Discover survey showed, more than 40% of respondents are unsure how […]
Artificial intelligence-powered software is getting better at giving people a full picture of their financial health Storied Silicon Valley startup accelerator Y Combinator (DoorDash, Airbnb, Coinbase, Instacart) is always on the lookout for the startups with the biggest and brightest potential to disrupt legacy industries; On this summer’s wish list? Founders building AI for personal […]
Fintech Nexus caught up with Public.com about where their members are investing now–and the co’s latest tech Last week, we published a survey of fintechs flouting recession vibes — like going-out-of-business experts SimpleClosure, in addition to some robo-advisors, earned wage access (EWA) platforms, and cash-flow analytics solutions. Turns out some consumers are flouting recession vibes, […]
With Reg Z enforcement scuppered, regulators and consumers may not know the true extent of BNPL’s reach for the foreseeable future. In the shadow of a looming recession, that could be dangerous. Buy now, pay later (BNPL) giant Klarna announced this week that its net losses doubled in Q1 2025 compared to a year earlier, […]
$250 billion in now-delinquent debt is hanging over millions of consumers as the Trump administration’s policy changes may mean a massive economic hit. In March 2020, at the onset of the COVID-19 pandemic, the federal government suspended most federal student loan payments and brought many interest rates for these loans to 0%. With the resumption […]
Savvy operators have built contingent products and revenue streams to thrive despite the major economic and market turmoil Even the most cursory survey of fintech-focused news headlines paints a concerning picture. Deals are down, public markets (plus global trade) possess the same teeter-tottering volatility as a ride at Six Flags, and major IPOs-to-be have been […]
One of the most maligned of all financial products is the overdraft. Some banks love this product and generate a large portion of their profits from it. Consumers, in general, hate it but some need it to survive. It is a classic win-lose product. The bank wins and the customer loses. In 2025, there should […]
Forage’s paytech is at the intersection of modernizing government benefits for the up to 42 million Americans enrolled in SNAP, and 250,000 merchants who accept EBT, across 50 states. In addition to the existential risks that come from proposed federal budget cuts, the crossroads for public programs puts burgeoning private-sector fintechs modernizing benefits like the […]
CEO Corbett: “One of the reasons behind the opportunity to move into small business lending is the major banks pulling back.” Empty seaports and other haunting synecdoches (downward-sloping GDP charts, and so on) suggest the specter of trade wars are beginning to batter American commerce. How does this affect the lenders underwriting and bolstering trade? […]
At a major gathering of industry insiders, strategies for recalibration in the Trump era abounded Despite massive cuts to critical weather and energy-related government agencies and expected pullbacks in funding for sustainability-focused projects, VC investors have continued to place bets on companies in what’s been known as the “climate tech” sector, with increased momentum in […]