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 […]
“Very few companies are going to be able to get out in this environment.“ Logan Allin is the Managing Partner & Founder of Fin Capital, a San Francisco-based VC firm focused on B2B software across eight subsectors. Fin Capital counts Figure, Chime, and Circle as portfolio companies — along with more than 110 others. Allin […]
The aid world’s drastic reconfiguring may have profound long-term effects on what makes for common sense within the fintech sector. It all came to a grinding halt three months ago. On January 27, the Office of Management and Budget (OMB) issued a “temporary pause” on “all activities related to obligation or disbursement of all federal […]
Five Questions with Fifteenth during tax week It’s Tax Week in America, and as the IRS contemplates its next moves — amid funding battles, free-file experiments, and more — the board is shifting. Meanwhile, market volatility has turned the everyday pain of paying the tax man into a high-stakes game of strategy, with timing, structure, […]
As the IRS confronts cuts and restructuring, fast-moving AI identity fraud is a growing threat. Can the agency meet the challenge? The Internal Revenue Service (IRS) is at something of an existential crossroads. More than 22,000 IRS workers have signed the Trump Administration’s deferred resignation offer, which allows employees to go on leave with pay […]
The Trump Administration has telegraphed significant changes to GSE mortgage lenders — with massive implications for the industry Since his swearing in on March 14 as the fifth Director of the Federal Housing Finance Agency (FHFA), construction mogul William J. Pulte has executed major policy and personnel changes. Among other moves, Pulte has named himself […]