Hi Treasure Friends,
We hope you are well, the most important economic data last week was the release of the CPI which rose 0.4% in September and more than expected. It seems some underlying price pressure still remains in the economy.
In our blog
If everything is Fintech and the future of Fintech is embedded finance, then everything is embedded finance! Embedded Investing: Revolutionizing Finance in the Digital Era.
What the Treasure Team is reading
- Economy: Close to a 10 year low Small Business Optimism Dips in September as Inflation Remains Top Problem
- Finance: The wealth management market is hot M&A Among RIAs Has a Record Third Quarter
- Finance: When your parents are professors of ethics and social fairness Inside Sam Bankman-Fried’s Family Bubble
- VC: Buy low sell high? Do Startup Valuations Matter for Investment Returns?
- Tech: A physical constraint A.I. Could Soon Need as Much Electricity as an Entire Country
- Fintech: When Fintech and BaaS go terribly wrong $13M in Missing User Funds: Evolve, Synapse Play Blame Game as BaaS Crisis Intensifies
- Fintech: Embedded payment Rainforest raises $8.5M to help software companies embed financial services, payments
From the Treasure chest...
Prada & NASA join forces: Prada will take its designs to the next atmospheric level as the Italian fashion house announced its latest partnership with Axiom Space to design spacesuits for astronauts. This week, the Milan-based luxury brand announced its collaboration with the Texas-based commercial space company to design NASA's lunar spacesuits for its 2025 Artemis III mission – the first crewed flight to the moon since Apollo 17 in 1972. Prada’s engineers will work alongside the Axiom Space systems team throughout the design process, as well as develop solutions for materials and design features to protect the astronauts against various challenges from the space and lunar environment, the two companies announced in a joint press statement. Artemis III will be NASA's first crewed mission to the lunar south pole and will include the first woman and first person of color to land on the moon. According to NASA, the astronauts will take pictures and videos of the moon’s surface, survey geology and retrieve various samples from the lunar south pole.
Have a great week!
The Treasure Team
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