Cool, Thiel is still to blame.
That is the only business model of neobanks: be more incompetent than traditional banks, skirt the laws as much as you can get away with by being "new", raise prices through the roof once you have enough suckers because you have "better UX", raise the prices even further once traditional banks catch up and convince a certain percentage of your users to switch back, shut down entirely once you've burned through the market and cannot convince anyone new to use you.
>Cool, Thiel is still to blame.
Only weakly, and closer to "all boeing shareholders are to blame for the accidents associated with the 737 MAX" than what was originally claimed, which was that he was specifically banned as some sort of retribution for his criticism of Thiel.