Behind Citizens Bank’s evolving strategy in a crowded BNPL market
Welcome to the 10-Q newsletter The 10-Q newsletter is part of the Tearsheet Pro subscription. 10-Q provides insight and market analysis into the moves of top banking and fintech stocks over the past...
TikTok and payments, a match made on social media
Gen Z’s popular haunt TikTok is abuzz with payments activity, surpassing $1 billion in global consumer spending through in-app purchases in Q1 2023, according to data. And the company expects to...
With total US credit card debt topping $1 trillion, should card issuers be concerned?
Americans are far off from having an extra cushion to feel secure against financial hardships, without turning to a credit card or loan. In fact, credit cards have become the default payment method...
Better.com’s shiny IPO debut: Can the mortgage lender pave its way to become a Wall Street darling?
Welcome to the 10-Q newsletter The 10-Q newsletter is part of the Tearsheet Pro subscription. 10-Q provides insight and market analysis into the moves of top banking and fintech stocks over the past...
How well do consumers understand BNPL services?
The idea of making purchases in multiple installments without incurring any interest apparently presents buy now, pay later (BNPL) as a clean winner over traditional credit options. However, the still...
Q2 earnings & beyond: 3 questions with Dee Choubey, CEO of MoneyLion
Welcome to the 10-Q newsletter The 10-Q newsletter is part of the Tearsheet Pro subscription. 10-Q provides insight and market analysis into the moves of top banking and fintech stocks over the past...
What lies ahead for Twitter (X) when it enters the market with its integrated payments feature
A month after Elon Musk acquired Twitter (now X) in October last year, the company filed paperwork with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to bring payment...
How Ramp focused on saving financial teams money to become the fastest growing SaaS of all time
Last week, Ramp announced Ramp Plus, a new suite of procurement tools to help finance teams with procurement-related tasks, like approval workflows, global expense capabilities, and...
PayPal is in for a rough ride as Apple Pay Later ramps up
Apple Pay Later is seemingly inching closer to claiming the lion’s share in the Buy Now Pay Later (BNPL) space, foreign territory for the tech firm until June last year when it first announced its...
An assortment of Q2 earnings: PayPal’s growing concerns and SoFi’s path to profitability
Welcome to the 10-Q newsletter The 10-Q newsletter is part of the Tearsheet Pro subscription. 10-Q provides insight and market analysis into the moves of top banking and fintech stocks over the past...
Paying for the big white (and costly) wedding
Walking down the aisle costs money, and American couples spend upwards of $30,000 on their big day. Wedding costs are dependent not only on the grandeur of the nuptials but also on the location....
Can Open Banking really reshape and rejuvenate financial use cases?
The origin story of open banking has been different in America than in Europe. Led-by regulators in Europe, Open Banking has established a foothold in the banking industry across the pond. But in...