added by sari · updated 2y ago
Absolute Unit
- A big hurdle to this stuff happening today is that the banking-as-a-service platforms that exist are so intensive to integrate with, that for most companies
from March 2020 - Vertical Neobanks by Ayo Omojola
sari added
- Why can’t a traditional bank do this themselves? 1) They don’t understand how to underwrite using tech industry metrics (ACVs, churn, LTV, engagement, et al.), and 2) they don’t have the tech DNA to underwrite programmatically, which Sand Hill Sachs will have. This may be a new company, an existing fintech player with distribution in tech, a VC fir... See more
from When Tailwinds Vanish by John Luttig
sari added