Category financ

More Fintechs Applying for Bank Leases

A report recently published by Moody’s underscores growing interest in obtaining a federal banking charter. For years, very few companies have tried to obtain a banking license, but the transition to digital finance and the desire to offer direct banking…

Why Are Investors Holding More Cash?

Bloomberg Retail demand for SpaceX’s IPO is estimated to be around $70 billion. This amounts to roughly 30% of the $250 billion total; higher than the typical 5-10% rate reserved for retail investors. Retail investors are no longer the mom-and-pops…