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Ep36: Fintech, Crypto & Marketplaces; w/ Chris Dean, Founder & CEO @ Treasury Prime — Product Market Fit podcast
Product Market Fit
The Value Prop to FinTechs
The bank generally wants the FinTech for two reasons. It is a cheap source of deposits and assets under management, as you say. We have some banks which are large, but hungry for deposits,. Some banks which are new and hungry for fees. You sit in the middle, so as a fear to call it middleware or APIs as a service type model? Oh, 100%. Our main products and API that connects to these banks.
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