Welcome to episode 18 of Tearsheet’s Banking Podcast). Zack Miller, Tearsheet’s editor in chief, and Josh Liggett, investment team principal at OurCrowd, are your hosts. In this episode, we’ll discuss: How a bad market might impact fintechs: Stock prices are down massively, for both newly minted public fintechs and for those operating in the market for years. Zack posits that the rebundling trend – that had monoline operators expand into adjacent markets and products – would end and companies would return to their roots.  Revenue potential for banks moving into BaaS: BaaS platforms are increasingly working with multiple banking partners. Fintechs continue to look for licensed banks as partners to launch banking products and services. A recent report looks at the business model and revenue potential for banks to move into fintech partnerships. Josh is suspect that the market can support a sizable number of new partner banks.  Regulation is coming for BNPL: As consumer debt grows, the various agencies active in consumer finance are interested in providing new rules and regulations for BNPL companies. Josh feels this is necessary light shone on shadow debt markets that aren’t connected to the traditional credit reporting system. Crypto-backed mortgages are here and more options are on the way:  Crypto mortgages can be useful for those who are crypto-rich and cash-poor and have a lot of their wealth invested in cryptocurrency. These types of loans are still very new and Bitcoin's fluctuating value makes crypto mortgages a risky option for homebuyers. Zack can’t see himself leveraging up to buy land in the metaverse. Josh thinks mortgages tied to volatile currencies is just a bad idea.