Higher interest rates are fostering a fintech comeback story

While rapidly rising interest rates in the United States have caused more than a few financial institutions to topple, a group of well-known fintech companies are posting signs of a comeback.

Both Coinbase and Robinhood reported better-than-anticipated revenue in the first quarter. This is welcome news for the backers and employees of both companies, which saw their shares skyrocket during COVID and tank after those pandemic tailwinds tapered away.


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