Market Pulse: How Fintechs Are Tackling Economic Headwinds and Tighter Credit

Fintechs are facing unique headwinds in the current economic climate that challenge the position they have occupied in the lending ecosystem. Rising interest rates have not only started to dry up VC funding, but have also limited access to cost-effective debt financing. Available capital for lending is more costly, while short-term personal loan demand is rebounding. Meanwhile, inflation is impacting subprime consumers, with most of their income going to rent, groceries, and gasoline, and causing them to struggle to meet interest payments on personal loans. Join our panel of experts for our June 15 Market Pulse webinar, where we’ll discuss the macroeconomic outlook, the latest Consumer Credit Trends, and the implications for challenges and opportunities in the fintech market. The webinar will culminate in a conversation on actionable insights that can help fintechs focus on forward, even during uncertain times. Speakers will include: Amy Crews Cutts, President & Chief Economist at AC Cutts & Associates; David Sojka, Risk Advisor at Equifax; Kabir Kumar, Partner and Founding Team at Flourish Ventures; and Ratinder Bedi, Chief Credit Officer at SoFi.