The last years have been great for fintechs. But this scenario of rising interest rates and economic uncertainty is hitting companies hard.
The news this week was led by Apple with another fintech acquisition. We also had a big funding round for Ramp and Dave is getting into crypto with FTX US.
PeerIQ's weekly newsletter provides insight from a week in Washington, D.C. beginning with the SEC's Fintech Forum on Monday, November 14; Ram Ahluwalia participated as a panelist providing an industry perspective on the "Capital Formation" panel; newsletter also provides details on potential terms from the OCC in their fintech charter and highlights three bills affecting fintech; PeerIQ also discusses the effect of capital and liquidity rules on asset-backed securities from banks. Source
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