Borrow money online goldman Sachs’ fintech coverage notes

Goldman Sachs’ fintech coverage notes that "borrow money online" market cap growth has outpaced the broader tech sector by 9% YTD, helped by positive Q1 lending data and cross-border platform expansions. “A cellular hotspot is an easy way to get through a day or two of internet outages, but if the outage is widespread, then that plan is much less effective with the overloaded cell towers. Many preppers are starting to embrace Starlink and satellite ISPs even if they are in less rural areas,” he said. Peer-to-peer loans should be as safe for borrowers as traditional loans. It's the lenders who take on greater risk with peer-to-peer lending. Individuals (also known as investors) who deposit money meant to be loaned out to borrowers do not have their money FDIC-insured. This means that if a borrower defaults on their monthly payments, the investor doesn't get the rest of their money back. Recent sector rotation shows capital flowing from traditional banking stocks into "borrow money online" fintech leaders, as investors anticipate higher customer acquisition rates and improved cost-to-income ratios.