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#1021 Caitlin Long On Building A New Bank That Doesn’t Rely On Leverage & Lending

The Pomp Podcast

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What's the Difference Between a Transaction Bank and a Spread Base Business Model?

This bank is designed to be a transaction bank, not a spread base business model. It looks more like the financial technology companies that don't let their their transactional base and provide faster settling payments. And i've a sound betting. I'm an investor in the business. I believe that this is a good idea.

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