24 Nov 2020

Daily Tearsheet: US consumer credit remains healthy in Q1, and how fintech lenders rose in preference for SMBs

Weekly 10-Q: Block’s market value is dropping steadily – is the company in trouble?

• Dorsey's Block seems to be in a tricky situation amid the market crash and post-Afterpay acquisition.
• Also, Binance.US is thrashing Coinbase in the move to offer zero-fee Bitcoin trading.

Data Snack: US consumer credit remains healthy in Q1 despite macro headwinds

• The uncertain macroeconomic environment is incentivizing consumers to be disciplined around their spending, which hasn’t yet recovered to pre-pandemic levels.
• Despite inflation and rising interest rates, consumers continue to show healthy behaviors when it comes to paying off their debt.

Embedded Briefing: How embedded platforms rose in preference for SMBs looking to borrow

• In 2021, alternate lenders led the uptick in SMB loan application approval, approving 24.5% of the loans, as against the 23.8% approved by institutional lenders.
• Why have traditional lenders been unable to effectively meet SMB demand? Because they can't figure out how to do it profitably.

Daily Tearsheet: Banks’ role in the climate crisis, greenwashing on Wall Street, and DataDay Conference 2022 videos