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 Chief Product Officer of LendIt Fintech.

He 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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