Recession News, Big Tech and Fintech Financings

In this week’s PeerIQ Industry Update they cover the increasing likelihood of a recession as forecasts show a 33 percent chance of a recession; rate cuts might be around the corner and that move could be beneficial to online lenders who rely on spreads; there was news that PayPal and Google were exploring the OCC fintech charter but both companies decided against it; Fintech firms Tally, $50mn series c round, and ZeroDown, a closed financing round, raised fresh rounds of capital; Equifax teamed up with non-profit Fintech Sandbox to encourage innovation, Equifax has been pushing greater into fintech over the last few years. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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