Eh, to be fair, this post is about a _bank_, and the one you've linked is about _fintech_. They are not even close to the same space, even though they both deal with money.
But also I suppose you may be saying exactly this?
Eh, to be fair, this post is about a _bank_, and the one you've linked is about _fintech_. They are not even close to the same space, even though they both deal with money.
But also I suppose you may be saying exactly this?
"Bank" in English is an extremely overloaded term.
There's a very big difference between the kind of bank you walk into to get a checking account, versus one that has no (individual) customers and whose job it is to assist with IPOs or whatever.
to be fair, it is a fintech that wants to become a bank
It's a bank, that is, a bank in all but name for regulatory purposes.
I think they applied for an actual charter, so that will probably change
*neobank