3min chapter

Fintech Takes cover image

S3 Ep5: Four of Fintech’s Most Disruptive Companies, with Simon Taylor

Fintech Takes

CHAPTER

How to Launch a Bank Account in a Low Tech Environment

The company is focused more on what I would sort of classify as high trust low tech environments, right? And so the thinking is basically that if you want to actually get bank accounts into consumers hands through an embedded sort of play, you need to not necessarily look for places where there's a high level of engagement and affinity. So this is the world of nonprofits. This are the world of churches. They're actually very well positioned to offer financial services products. Now, if you went to them with API specifications, and you know, here's our documentation, you know, just let your developers cook with this, you're not going to get anywhere, right?

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