Would Fintech Companies Be in Trouble During a Recession?

Matthew Frankel, CFP, The Motley Fool
·3 min read

There's simply no way to know how many of the biggest fintech disruptors would perform in a severe or prolonged recession -- and because most benefited from the unique circumstances of the COVID-19 pandemic, it didn't tell us much. In this Fool Live video clip, recorded on April 12, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss what JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon recently said about fintechs, and why they could be vulnerable to recessions and other tough times. Matt Frankel: Having said that, you mentioned the capital requirements for traditional banks really make them more transparent, safer providers of credit, I guess you'd say from the market standpoint.