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Hey, stuck startups, reducing growth could make you less fundable

Equity

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Banking on Startups: Growth and Challenges

This chapter explores the surge of new customers, particularly startups, attracted to a fintech bank due to an improved customer experience and swift FDIC insurance responses. It highlights the unique banking needs of startups versus traditional businesses and discusses how recent market changes impact customer retention and transaction volumes. The conversation also addresses the consequences of notable bank failures on the startup ecosystem and investor caution regarding banking options.

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