Cross River Intelligence Archives

April 2024

Goldman Sells Marcus Invest; Pomelo Raises $35Mn Series A; Block’s Bitcoin Bet

By Cole Gottlieb

April 28, 2024

Happy Sunday, White collar job creation stalls. U.S. birth rate lowest since 1979. CFPB Supreme Court case could unleash “flurry” of litigation. Pomelo raises its Series A. Block doubles down on bitcoin. Bloomtech hit with CFPB enforcement action. One rolls out BNPL. Goldman sells its robo. Small banks push back on overdraft rule. Earnings season continues. New here? Subscribe h ...


Stripe Finalizes Tender Offer; Pipe Launches “CaaS”; Mercury Launches Consumer Banking

By Cole Gottlieb

April 21, 2024

Happy Sunday, IMF upgrades U.S. growth forecast. Consumer spending in March exceeds expectations. Fed signals it will give rate policy more time to work. FlexWage gets carve out in Vermont. Stripe finalizes tender offer deal. Ramp raises $150Mn. Pipe announces capital-as-a-service. Klarna revamps U.S. card product. Mercury launches consumer banking. TransUnion consumer credit data. Bank earnin ...


Klarna Launches Wikipink; Santander Expands Digital-Only Bank; Empower Acquires Petal

By Cole Gottlieb

April 14, 2024

Happy Sunday, Inflation comes in hot. Hopes for rate cuts dim. CFPB drops video game report. Banks begin trimming deposit rates. Klarna launches Wikipink. Santander to expand digital banking brand Openbank. Empower acquires Petal. Banks kick off earnings season. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow us on LinkedIn (PeerIQ by Cross River) ...


NewRetirement’s Series A; Treasury Prime & Narmi Partner; Tally’s B2B Pivot

By Cole Gottlieb

April 7, 2024

Happy Sunday, Economy added 184,000 jobs last month. Fed’s rate cut position unchanged. NewRetirement, Brim announce funding rounds. PayPal and Venmo add Visa+ capability. Treasury Prime and Narmi partner on FedNow. Tally latest to attempt B2B pivot. Chase launches marketing business unit. Cross River and Trustly expand collaboration. New here? Subscribe here to get our newsletter eac ...