added by sari · updated 2y ago
Common problems with bank partners
- You shouldn’t need to have the same bank as another person to transact with them. Banks haven’t adapted to a world where two people with different primary banks might want to share money for a short project, an investing group or a summer sublet.
from On Multiplayer Fintech by Braid
sari added
- In the future, as issuing platforms become more mature and less expensive to experiment with, I anticipate you’ll see even more vertical neobanks. As the barrier to entry for issuing drops, you’ll see one of these from every company that has aggregated a captive segment of customers, and stands in their money flow.
from March 2020 - Vertical Neobanks by Ayo Omojola
sari added
- 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