Missed Payments, a Crypto Custodian, and Chicago Startup Successes

Missed credit card payments, payday loans, distrust in government mark Americans’ pandemic financial struggles, reports a survey by the Chicago Booth Rustandy Center for Social Sector Innovation, as Congress passes a COVID-19 relief bill.

Standard Chartered and Northern Trust partner to launch Zodia, a cryptocurrency custodian for institutional investors.

A new study finds that Chicago-area startups provide investors the best return-on-investment for their deals, reports Built in Chicago.

Goldman Sachs leads an $81 million equity investment in Chicago fintech firm Amount, the tech offshoot of online consumer lender Avant. Crain’s Chicago Business has the story.