Archive - The Free Toaster

Klarna Just Filed for a Bank Charter. So Did Affirm, PayPal, Upstart, and Six Others.

The year fintechs stopped renting charters.

9 hrs ago • Toaster Media

Happen Bank Is Running Chime's Playbook in Reverse. Here's the Bet

Lend first, earn the deposit relationship later. How the bank formerly known as LendingClub is running Chime's playbook backwards.

Jul 2 • Toaster Media

June 2026

What happens when consumers delegate financial decisions to agents?

Plus: How SoFi is betting it can own the AI relationship before ChatGPT does

Jun 25

How Lenders Win When AI Calls the Shots

The game isn't psychological anymore.

Jun 25 • Carlos Caro

News Pod #23 - Pagaya Sues Klarna for (Allegedly) Stealing Its Underwriting Model

Watch now (14 mins) | Pagaya filed a lawsuit against Klarna for (allegedly) stealing is underwriting.

Jun 19 • Carlos Caro

14:06

Pagaya Sues Klarna for (Allegedly) Stealing Its Underwriting Model

Plus: Visa plugs into OpenAI, Experian moves loan shopping into ChatGPT, and the stablecoin war heats up

Jun 17

News Pod #22 - JD Power Sues Chime + A Preview of Our Sept 23rd Event In SF

Watch now (16 mins) | JD Power sued Chime in the Southern District of New York over its "America's #1 choice for banking" campaign, alleging breach of…

Jun 12 • Carlos Caro

16:17

J.D. Power Sues Chime Over Marketing

Plus: Experian, Engine, CK, Bankrate, LendingTree, Credible, QuinStreet, Bulldog Media Group, and more are coming to our Affiliate Marketing Summit For…

Jun 11

News Pod #21 - Cash Flow Underwriting Distribution - Carlos and Nick Continue The Convo...

We've been writing about Cash Flow Underwriting lately.

Jun 5 • Carlos Caro

14:57

Did ChatGPT Just Fix The Cash Flow Underwriting Distribution Problem?

Plus the Affiliate Marketing Summit for Lenders

Jun 4

Will LLMs Solve Distribution For The Cash Flow Lenders?

Updating my thoughts on an October 2024 Free Toaster Editorial

Jun 4 • Carlos Caro

May 2026

News Pod #20 - What Would It Take To Scale Cash Flow Based Lending?

In an October 2024 article in The Free Toaster, Carlos laid out 3 things that would unlock distribution for Cash Flow Based Lenders.

May 29 • Carlos Caro

39:30

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