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Rajashree Chakravarty

LGBTQ+ fintech Daylight to close its doors

Challenger banks targeting niche customers are struggling to meet market demands, says Ron Shevlin, chief research officer at Cornerstone Advisors. He thinks the customer base of challenger banks represents neither a good source of making money nor great lending options.

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Apple’s financial moves could offer lesson for fintechs

“Apple is just not going to become everything for everybody," says Ron Shevlin, chief research officer at Cornerstone Advisors. "The fintechs need to really understand and stick to their strategy, their approach, their differentiation, and their market.”

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