Cross River Intelligence Archives
November 2023
By Cole Gottlieb
November 26, 2023
Happy Sunday and Happy Thanksgiving weekend, Initial unemployment applications dropped. Consumer inflation expectations rise. Toyota reaches $60Mn CFPB settlement. Arch raises $20Mn Series A. Monzo in talks with Alphabet for fresh funding. Binance reaches $4.3Bn AML settlement. OpenAI and Altman reach agreement for his return. Visa deepens partnerships with Remitly, Paysafe. OneMain to acquire ...
By Cole Gottlieb
November 19, 2023
Happy Sunday, U.S. downgraded by Moody’s. Consumer spending in October fell. FDIC’s toxic workplace culture. Enova hit with new CFPB order. Zelle now refunding some defrauded users. Blockchain startup Fnality raises $95Mn. Cobrand card platform Imprint raises $75Mn. Blockchain.com announces $110Mn Series E. JPMC was biggest winner from SVB’s collapse. Blue Ridge suspends divi ...
By Cole Gottlieb
November 12, 2023
Happy Sunday, We haven’t beat inflation (yet), and a soft landing is still possible. Revolving debt hits a record as delinquencies increase. FTC takes action against Brigit. CFPB seeks to supervise digital wallets. Goldman looks to dump GM card. Klarna returns to profitability, eyes IPO. Affirm expands B2B BNPL. Earnings season continues. New here? Subscribe here to get our newsletter ...
By Cole Gottlieb
November 5, 2023
Happy Sunday, Fed holds rates steady. Job market exceeds expectations. Most Americans get 3% or less on savings. Borrowers struggle to keep up with card payments. Charlie raises $16Mn Series A. Monzo in talks for fresh funding as it eyes IPO. BNPL Zilch scores eBay investment. Synapse is running out of time. Stax makes an acquisition. SoFi and Pagaya report earnings. New here? Subscribe her ...