Daily
Daily Tearsheet: The fintech gender gap and US banks’ growth rates are down in Q1 2022
- Women are still woefully absent from fintech senior management.
- Also, banks are generally seeing less deposit and loan book growth.
Sara Khairi | May 18, 2022
Data Snacks, Member Exclusive
Data snack: US banks’ growth rates are down in Q1 2022
- Growth is stalling across the US banking sector, with both deposits and loans up marginally from the fourth quarter of 2021.
- This could be an indicator of current macroeconomic conditions, as the Federal Reserve tightens up market conditions so that the economy will moderate.
Iulia Ciutina | May 18, 2022
Culture and Talent
“In the good ol’ boys club, knowledge is shared on golf courses, at country clubs, and in locker rooms”: Stax CEO Suneera Madhani on the gender gap in fintech
- While women comprise 52% of entry-level financial services jobs, the representation of women from entry-level to the C-suite in the industry falls by 80 percent.
- The need of the hour is for the industry to dedicate itself to the cause of gender equality, holding big VC's and organizations directly accountable.
Subboh Jaffery | May 18, 2022
Daily
Daily Tearsheet: Robinhood’s UX experiment backfired, Oxygen’s new debit loyalty campaign, and the launch of Tearsheet’s 10-Q newsletter
- In a good market, Robinhood's slick UX made it fun to trade. Now, people are losing money and leaving the online broker.
- Also, there's new creativity around loyalty programs for banking, including Oxygen's four-tiered new product, Elements.
Sara Khairi | May 17, 2022
Modern Marketing, Podcasts
The Acquire Podcast Ep. 9: How Oxygen’s new debit loyalty program Elements is winning rebels and change makers
- Oxygen’s SVP, head of business development and strategic partnerships Ryan Conway, and creative director Sani Gad join us on the Acquire Podcast.
- ‘You name it, they tried it’ – including a hit summer tune with Megan Thee Stallion.
Rebecca Alma Cohen | May 17, 2022