For much of human history, lending has been a highly regulated business. The Depression and the associated bank runs led to the creation of FDIC insurance and other guard rails for the banking system that consumers embraced. In some ways, the lending business has always been subject to the same risks, and effective due diligence has always been a key component of success. Innovation in lending was always somewhat curtailed, in the West, at least, by significant regulatory oversight. Another great wave of regulation came after the Great Financial Crisis in 2008. 

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This watershed event also accompanied an influx of innovators who preferred to reform the financial system with innovation rather than by government mandate. The VC community embraced a new wave of companies dedicated to empowering consumers, increasing efficiency, and expanding access to credit and financial services. Still, as 2022 unfolded, valuations plummeted far more than the broader market. We want to dive into the newer area of FinTech and determine which public companies are the best to invest in. 

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FinTech has become a broad umbrella term describing companies at the intersection of the ongoing digital revolution and finance. The burgeoning area has become a vent...

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