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S2 Ep8: The Fintech Slow Down, With Sarah Kocianski

Fintech Takes

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The Different Types of Banks in the US

The idea of just acquiring a bank for a license, the way, I know it's not that common in the US, but it happens a hell of a lot more than it does over here. The macroeconomic conditions are really going to hurt this space as well because when money was cheap, these companies had no problem kind of acquiring capital. They were able to either lend or do the, you know, cover the losses of installment payments. Their business model is really under pressure.

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