Crowdfunding ‘bridges’ the gap between real estate lenders and borrowers

Business of Fintech, Member Exclusive, Opinion

Fintech is in its empire-building era

• Fintechs are moving from unbundling banking to owning more of the infrastructure, licenses, and customer relationships around their businesses.
• Chime, Revolut, and Zilch show how scale is pushing fintechs into expansion, M&A, and greater control over everything surrounding their product suite.

Business of Fintech, Member Exclusive

NVIDIA, Revolut, and Citi are facing questions their old playbooks can’t answer

• NVIDIA, Revolut, and Citi are facing new questions around AI safety, going public, and cybersecurity as their businesses evolve.
• Scale is raising the stakes around how each company operates, protects, and grows.

Business of Fintech, Member Exclusive

Financial firms are building new businesses from the layers beneath their products

• Intuit is opening up its financial intelligence to AI agents, while SoFi is making its infrastructure programmable.
• Both firms are betting that the layers beneath their products can become businesses in their own right, creating value across new interfaces, businesses, and customer relationships.

Business of Fintech, Member Exclusive, Policies & Playbooks

The antitrust question is moving up the stack: What California’s new push and NVIDIA’s retreat mean for finance

• California lawmakers are weighing whether antitrust law needs to draw a clearer line between growing an ecosystem and using market power to shape it.
• Antitrust is now becoming a front-end strategy issue for financial services, not a back-end legal concern.

Business of Fintech, Who owns the customer

Three conversations show how the industry is starting to think differently about where value comes from

• Across recent Tearsheet Podcast episodes, the conversation consistently drifted away from the financial product itself and toward everything that makes those products more intelligent, seamless, and effective.
• Whether it was Slash, Figure, McKinsey, or QED Investors, they all arrived at the same conclusion: value no longer comes from the product alone, but from everything built around it.