Fintech Recap: Overdraft, Fintech IPOs, and SoFi's Latest Acquisition
Fintech Recap is back.
This month, Jason Mikula of Fintech Business Weekly and I break down:
* Citi’s decision to stop charging overdraft and NSF fees.
* Chime’s (reported) decision to delay its IPO.
* SoFi’s decision to acquire core banking provider Technisys.
* Crypto companies advertising blitz in Super Bowl LVI.
And on a more serious and important note, Jason and I also spent a few minutes at the top of the episode talking about Russia’s invasion of Ukraine. If you are looking to learn more about the conflict and ways that you can help, I highly recommend starting with this piece written by Packy McCormick. If you are looking to understand how the conflict is impacting Ukrainian fintech companies, Nicole Casperson has done some excellent reporting that you should read. And if you’re curious to learn more about the mechanics of economic sanctions, take a look at Simon Taylor’s latest newsletter.
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