Discover the hidden workings of fintech and finance. For free.

We uncover the makings of modern finance and the startups out-innovating incumbents. You'll understand what's changing, who's innovating, and what it means for you in weekly letters, podcasts, and interviews.

Fintech & Finance helps you understand the innovations that got us here, why they no longer meet today's needs, and who is building tomorrow's unicorns. From crypto to collectibles and from money to markets, we'll unpack the technology, trends, and companies at the heart of modern finance.
most popular

Our top content

Letter

Watches, Supreme, & Signaling

When price increases, demand for most goods falls. But not all. There's a weird class of goods where demand rises with price. These "Veblen Goods" lead to businesses unlike any other.

Podcast

WTF is CPI?

Prices are going up, but by how much? Is the gov't squashing the truth? We unpack the methodology behind CPI and analyze the few available alternatives.

Letter

SWIFT, Sanctions, & The Makings of Modern Warfare

Ukraine is under attack. The world is responding, not just with munitions but through financial warfare. Relatively novel and not nearly as dramatic, it is nonetheless every bit as destructive.

Podcast

Top 10 2022 Predictions

One host bets on change - innovation accelerating across a broad range of industries. The other host bets on life moving more slowly - optimistic for the long term, but a more incremental rate of change.

Letter

What If Debt Collectors Helped Rather Than Abused?

Technology is powering a new approach to debt collections - help rather than abuse. It not only makes consumers happier. It's better business.

Podcast

Slow Revolutions in Financial Services

Decades long technology revolutions can be multibillion dollar opportunities for those paying attention. Yesterday's hype can take years to become mainstream. Even longer if you're a highly regulated.
Recently published

Our new releases

Fintech & Finance

WTF is a Crypto Exchange?

Exchanges in name only. They're dark pool prime brokers.

Fed Master Accounts

An obscure yet critical part of US banking that's suddenly creating controversy and making headlines.

Which Stablecoin Should You Use?

Circle USDC, Paxos USDP and BUSD, and Tether USDT are worth over $100B collectively as the leading stablecoins. But they're not all made equally.

Funders & founders

8. Miguel Fernández, Capchase - Non-Dilutive Growth Financing

Non-dilutive growth financing

7. Carmelle Cadet, EMTECH - Modern Central Banking

Central banking as a service

6. Pat O'Meara, Inveniam - Operating System for Data

An operating system for trusted data

Fat Tailed Thoughts

Payment for Order Flow

Why is stock trading free on Robinhood? Because we're the product. But like the value we get from Google, payment for order flow might not be a bad thing.

Baby Formula

When the supply chain breaks down and regulations go awry.

Buy Now, Pay Later

Buy Now, Pay Later shows that consumers and merchants are eager for a new transaction experience. It's a harbinger of more to come.

Subscribe
Join 1000+ subscribers to get the inner workings of finance delivered straight to your inbox.
2022 © fattailedthoughts.com