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ft.com

Why credit card upstart Brex is selling out to Big Plastic

Despite its depressed valuation, the fintech’s longtime backers were probably keen to cash out

venerdì 23 gennaio 2026 New tab

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Peter Thiel-backed fintech Brex plots European expansion in push for IPO

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First Brands at breaking point as it scrambles to avoid liquidation

The company is relying on a $48mn infusion from automakers to continue operating

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Bubble-talk is breaking out everywhere

But more optimistic investors continue to bank on the cavalry arriving if things get really dicey

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Private credit firms pile into consumer debt as risk-taking mounts

Growth raises concerns about underwriting and risk management at fast-expanding groups

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Private credit’s moment for a healthy reset

Recent ructions highlight the case for better scrutiny of the asset class

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UK regulator pushes private credit groups to share more data

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks

ft.com·1 mesi fa