The (Neo) Bank Bundle & Transition to Subscription Revenue

Subscription businesses allow you to distribute portions of your revenue to people who add value. This isn't rocket science this has been the business model for cable businesses for decades.

This new way of winning distribution is quite different from the old way. Yes it’s also capital intensive, but you’re not buying real estate. You have low fixed costs, and variable costs that scale with usage (vs. real estate servicing that you pay regardless of use). And where branch-banking might have had winner-take-all dynamic regionally, there... See more

Now with Treasury, someone starting up a new Internet business can simply start selling goods, services, or yes, subscriptions, and have their banking needs met by the same software which is powering their business.

Brands can drive revenue by distributing loans with close to zero marginal CAC;