Technology
VCs expect a surge in startups offering lower-interest mortgages and other loans now that the Fed has lowered interest rates

When the US Fed cut interest rates by half a percentage point last week, it was excellent news for enterprise capitalists backing one particularly beleaguered class of startups: fintechs, especially those that depend on loans to run their businesses.
These firms include corporate bank card providers reminiscent of Ramp or Coast, which offer cards to fleet owners. Card issuers earn cash from interchange rates, that are the transaction fees charged to merchants. “But they have to hand over the money when they get the loan,” said Sheel Mohnot, co-founder and general partner at Better Tomorrow Ventures, a fintech company.
“The terms of this loan have just improved.”
case study is Affirm, a buy now, pay later (BNPL) company founded by famous PayPal mafia member Max Levchin. While Affirm is not any longer a startup — it went public in 2021 — as interest costs have risen, the company’s share price has fallen from around $162 in October to below $50 per share as of February 2022.
BNPLs pay merchants the full amount upfront; they then allow the customer to pay for the item in several installments, often without interest. Many BNPLs generate revenue primarily by charging sellers a fee for every transaction processed on their platform, relatively than interest on the purchase. Their business model didn’t allow them to pass on the drastically higher costs they incurred.
“BNPL banks were making rapid profits when interest rates were zero,” Mohnot said.
Affirm competes with many BNPL startups. For example, Klarna is a player that has been expected to go public for years but it surely still is not ready in 2024, its CEO told CNBC last month. Some BNPL startups didn’t survive in any respect, reminiscent of ZestMoney, which shut down in December. Meanwhile, other lending fintechs have also gone out of business on account of high interest rates, reminiscent of the business-building bank card Fundid.
While it could seem counterintuitive, lower rates are also good for fintechs offering loans. Auto loan refinancer Caribou, for instance, falls into this segment, predicts Chuckie Reddy, partner and head of growth investing at QED Investors. Caribou offers loans with terms starting from one to 2 years.
“Their whole business is based on being able to move you from a higher rate to a lower rate,” he said. Now that Caribou’s financing costs are lower, they need to have the opportunity to scale back the fees they charge borrowers.
GoodLeap, a provider of solar panel loans, and Kiavi, a lender specializing in fix-and-flip loans for home investors, are other short-term lenders that will profit. Like Caribou, they may potentially pass on a few of their interest savings to customers, resulting in a surge in lending volume, said Rudy Yang, fintech analyst at PitchBook.
No sector needs to be helped by lower interest rates as much as the fintech startups that are taking the mortgage industry by storm. However, it might take a while for this recently devastated space to recuperate. While the Fed’s cut was large, interest rates are still high in comparison with the long ZIRP (zero interest rate policy) era that preceded it, when Fed rates were near zero. The latest Fed interest rates are currently in the range of 4.5% to five%. So the loans available to consumers will still be several percentage points above the Fed’s base rate.
If the Fed continues to lower interest rates, as many investors hope it’ll, many individuals who bought homes during the period of high interest rates will likely be on the lookout for higher deals.
“The refinancing wave will be huge, but not tomorrow or in the next few months,” said Kamran Ansari, enterprise partner at VC firm Headline. “It may not be worth refinancing at half a percent, but if rates drop by a percent or a percent and a half, we will start to see a flood of refinances from everyone who has been forced to take the plunge on a mortgage at higher rates over the last few years.”
Ansari predicts a significant rebound for mortgage fintechs like Rocket Mortage and Better.comafter poor results in recent years.
Next, VC investor dollars will almost actually flow. Ansari also predicted a surge in latest mortgage tech startups if interest rates turn into more attractive.
“Any time you see a space that has been dormant for four or five years, there are probably opportunities to reinvent and update the algorithms, and now you can get into AI-centric underwriting,” he said.
Technology
The signal is the number one application in the Netherlands. But why?

The application signal for sending a privacy -oriented message flew high in Dutch application stores last month, often sitting at the top as the most steadily downloaded free application for iOS and Android in all categories, for data from many application tracking platforms akin to the sensor tower.
The application has experienced popularity over the years, often in response to Changes in politics in rivals akin to WhatsApp Or Geopolitical events. This is because Signal has set a reputation as a more friendly privacy option-it is served by the non-profit foundation (though based in the USA), not a personal company focused on data earning data. In addition, the signal tracks minimal metadata.
In 2025, along with the recent US president, who strengthened the warm Big Tech hug, it is not surprising that digital privacy tools have a moment – especially in Europe, which attracted the anger of President Trump.
But this time, the meaning of the signal in one very specific place-Holandia is particularly eye-catching.
IN Interview with Dutch newspaper de Telelegraaf last week, President signal Meredith Whittaker He noticed that the number of “new registrations” in the Netherlands was 25 this 12 months, even though it is not clear what the exact comparative period for this data is.
Asked why the Netherlands recorded such development, Whittaker pointed to the combination of things: “growing awareness of privacy, distrust of large technology and political reality in which people realize how sensitive digital communication can be,” said Whittaker.
Data provided to TechCrunch from the application intelligence company Appfigures Increase in Signal Signal in the Netherlands. According to its data, the signal was 365. Among the applications apart from the iPhone in the Netherlands on January 1 and didn’t appear on the list of the most significant general applications. Then, from around January 5, he began to climb the rankings, reaching the highest position until February 2.
The signal immersed and comes out of the lead during weeks, spending around mid -February at the top – including every single day from February 22. By digging deeper into the data, the AppFigures estimates that the total download in Apple and Google Applets in total in December 2024 jumped to 99,000 in January and increased to 233,000 to February – 958%.
While a part of this height could be assigned to a lower saturation signal than other markets, a continuing application position at the top in comparison with neighboring markets of comparable size.
“No other markets are approaching the Netherlands in terms of growth between December and February,” said AppFigures Techcrunch.
For comparison, from December in Belgium, download increased by over 250%, Sweden by 153%and dishes by 95%.
So why the signal can experience what one redditor called “The moment of mass adoption“In the Netherlands?
Clear signal
Give ZengerSenior Policy Advisor at Dutch Digital Rights Foundation Fragments of freedomHe said that even though it is difficult to point one specific reason, he is not surprised.
The last changes in the US have seen Large platform suppliers Adapt with the recent Trump administration, and this has retained a major public and media debate. Relying Europe from the technology of big private American corporations has turn out to be the point of interest of this debate.
“The Dutch are, like many others, very dependent on the infrastructure provided by extremely dominant technology companies, mainly from the USA,” said Zenger. “What does this mean, and the risk that results from it has been nicely demonstrated in the last few weeks. As a result, the public debate in the Netherlands was relatively sharp. Where in the past this problem was discussed only at the level “:” I feel that we are now conducting a debate at the higher levels: “.
In this context, society can mix dominance with data protection abuse. Since corporations akin to meta are frequently studied and fined in the field of information privacy practices, the signal could appear to be less evil: it is based on the US, but supported by a non-profit organization, which ensures encryption of each the content of the message and around it.
Vincent BöhreDirector of the Dutch Organization of Privacy Privacy firstHe also pointed to increased media relationships and a wider change of public opinion.
“Since a few months ago he was re-elected in the United States, in the Dutch-and European media, which seem to support Trump, there were many” Elon) Muska. “Articles criticizing X (previously Twitter) and Meta appear everywhere in the Dutch media, which leads to a change in Dutch public opinion: even people who have never really known or cared for privacy and security in social media, suddenly became interested in” friendly privacy “alternative, in particular the signal.”
Signal of intentions

While the Netherlands is only one market of 18 million people in the European population over 700 million, its increase in adoption can signal a wider trend throughout the continent, especially when governments try to cut back privacy barriers.
For example, Apple has recently pulled out comprehensive encryption from iCloud in Great Britain to counteract government efforts to put in a backdoor.
Speech Fr. Rightcon 25 In Taiwan, this week, Whittaker confirmed the unwavering Signal attitude regarding privacy.
“Signal position on this subject is very clear- we will not walk, falsify or otherwise disturb the solid guarantees of privacy and security that people rely on” Said Whittaker. “Regardless of whether this disturbance or backdoor is called scanning on the client’s side or removing the protection of encryption against one or the other, the features similar to what Apple has been forced to do in Great Britain”
Separately, in Interview with Swedish public broadcaster, Whittaker said that Signal wouldn’t follow the proposed Swedish law requiring application to send messages for storage.
“In practice, this means asking us to break encryption, which is the basis of our entire activity,” said Whittaker. “Asking us to store data would undermine all our architecture and we would never do it. We would prefer to completely leave the Swedish market. “
TechCrunch contacted to signal a comment, but he didn’t hear during the publication.
(Tagstotranslat) signal of the Netherlands
Technology
Gayle King announces participation in the space mission of all women

Gayle King will join the thirty first Blue Origin civil flight into space.
Gayle King announced that he was going to space. The host of the talk show during the day provided messages CBS MORNINGS.
King revealed Her participation in the thirty first Blue Origin flights, NS-31. Before discussing the details of the mission, she and her co -lecturers presented the video editing, which described her long -term fascination with travel travel.
In one clip, King said: “I am excited to watch the premiere at home in my pajamas.”
Her enthusiasm led to an invite with Blue Origin. The television personality will disappear from Crew from the whole familyIncluding an award -winning journalist Lauren Sánchez, award -winning Grammy singer Katy Perry and astronaut Aish Bowe.
Soon the explorer of the space admitted that she was hesitating at first.
“I don’t know how to explain at the same time terrified and excited,” said King.
To make a choice, King turned to a gaggle of family members, including her children and a detailed friend, Oprah Winfrey. She said that when her most trusted confidants approved, she was ready.
“When Kirby, Will and Oprah were fine, I was fine,” said King. “I thought Oprah would say no. She said: “I feel that when you don’t do it, if you all come back and also you had the opportunity to do it, you’ll kick.” She is right. “
King is not going to be the first television host who wandered into space with blue origin. In 2021, then-Good morning America Coheat Michael Strahan took part in the third civil flight Blue Origin. The former NFL star and the sender was delighted after returning, expressing how this experience gave him a brand new “perspective” in the world.
“I want to come back,” said Strahan.
Blue origin, Founded by Amazon Billionaire Jeff Bezos in 2000 is a non-public aviation company that focuses on sharing space travels for civilians and developing technology to explore the space long.
The upcoming flight of the king New Shepard It will probably be part of Blue Origin’s constant efforts to normalize civil space travel.
Technology
Instagram can turn the rollers in a separate application

Meta is occupied with an independent application for brief movies, Information He informed, citing an anonymous source, which he heard the boss on Instagram Adam Mosseri talked about the personnel project.
The project is reportedly called RAY code, which goals to enhance recommendations for brand new users and existing users in the US and to conclude one other three minutes of movies, the report quoted the source.
The finish line didn’t answer immediately at the request for comment.
Last month, the company announced a video editing application called Edyta to compete with Capcut (belonging to Tiktok Matter Company Bytedance) since it was geared toward using the uncertain future Tiktok and Bytedance in the USA
Currently, the Instagram channel is a mixture of photos, movies (drums) and stories. However, many users imagine that the application has been cluttered since it incorporates movies and not persist with the roots as an application for sharing photos. If the company rotates in an independent application for brief movies, it can create a possibility for Instagram to emphasise other functions.
Instagram began at the starting of this yr paying creators To promote Instagram on other platforms, resembling Tiktok, Snapchat and YouTube. Apparently he also began to supply Big money for the creators Present only on roller skates.
(Tagstranslate) Instagram
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