My First Million cover image

7 Business Ideas from a Unicorn Founder

My First Million

CHAPTER

Financial Abuse and Banking Crises

This chapter explores the concept of financial abuse through the lens of inflation and its impact on purchasing power, particularly for the economically disadvantaged. Speakers reflect on the recent crisis at Silicon Valley Bank, contrasting the fates of traditional banking giants with newer fintech firms and highlighting emerging opportunities. The discussion concludes with Mercury's strategic response to the banking panic, emphasizing trust-building through innovative solutions during an industry crisis.

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