🍑 Intuit's AI Ate 3,000 Jobs. Mercury's Worth $5.2B Now....

What this episode covers

Intuit beat earnings yesterday and then announced it's cutting 17% of its workforce in the same breath — classic AI-era move. Mercury raised $200M at a $5.2B valuation and is on the doorstep of a full bank charter. And SoFi quietly acquired Peach Finance to keep stacking its lending infrastructure empire. Plus: Trump dropped a fintech executive order that's either great news or a payday lender's dream — we break it all down.

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Frequently Asked Questions

How long is this episode of Fintech Stacks?

This episode is 18 minutes long.

When was this Fintech Stacks episode published?

This episode was published on May 21, 2026.

What is this episode about?

Intuit beat earnings yesterday and then announced it's cutting 17% of its workforce in the same breath — classic AI-era move. Mercury raised $200M at a $5.2B valuation and is on the doorstep of a full bank charter. And SoFi quietly acquired Peach...

Can I download this Fintech Stacks episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.