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Fintech Recap: What Can We Learn From Coastal’s Earnings Miss?
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Fintech Recap: What Can We Learn From Coastal’s Earnings Miss?

OCC Turns Down Bunq’s and Wise’s Charter Applications, FDIC and Trade Groups Float Fintech “Standards”

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Hey all, Jason here.

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto. In this episode, Alex and I had the chance to discuss:

  • How a fintech lending partner drove Coastal Community Bank’s Q2 earnings miss, and what we can learn from it

  • The reports that the FDIC is working with bank and fintech trade associations to create a “standard setting organization”

  • A quick update on the bank charter pipeline, including the OCC’s rejection of Wise’s and bunq’s applications

  • And, as always, what Alex and I can’t let go of

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